China Mobile (CHL), the largest wireless carrier in the world, continues to deliver healthy operating results as evidenced by strong subscriber accretion in 2008. As we approach the 3rd and 4th quarters of 2009, our opinion remains firm that the new competitive entities will face unanticipated challenges deploying and advancing services to levels and coverage delivered by China Mobile.

Accordingly, we assess that successful expansion into low-penetration rural regions of China coupled with aggressive 3G TDSCDMA service deployments in 2009, and customized mobile value-added services establish China Mobile as the dominant mobile provider, far ahead of its nearest competitors. Additionally, a strong balance sheet, strong free cash flow and sustainable dividends facilitate the company's efforts to weather economic volatility.

We maintain our Outperform rating even as we factor-in potential impacts of a more competitive landscape and a comparatively weaker Chinese economy though the end of 2009.Zacks Investment Research

China Mobile (CHL) recently revealed its plan to invest RMB 70 billion (US$10.25 billion) over the next 3 years to build, upgrade and expand its wireless network in the rural regions of China.

Since 2004, the company has spent RMB19.5 billion (US$3 billion) to extend its network coverage into the remote villages of the country.

The largest mobile carrier in the world by subscribers has signed a pact with the country's Ministry of Agriculture to include more than 10,000 villages annually under its network coverage, enabling people in these regions to access the company's wireless services by 2012. This will translate into 98% coverage of China's rural areas by the end of the 3-year term.

Additionally, China Mobile will also promote its indigenously developed 3G technology-based services in these covered territories.

China Mobile's leadership position in the global wireless market is supported by a consistently healthy Chinese economy, increased consumer purchasing power

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China Mobile (CHL), the largest wireless carrier in the world, continues to deliver healthy operating results with strong subscriber accretion. The company exited last year with a 72% share of the Chinese wireless market. This is as growth slowed in late 2008 due to general economic conditions across the industry, along with increased competition.Nevertheless, it remains our view that the new competitive entities will face unanticipated challenges deploying and advancing services to levels and coverage delivered by China Mobile. Accordingly, we assess that successful expansion into low-penetration rural regions of China -- coupled with aggressive 3G TD-SCDMA service deployments in 2009 and customized mobile value-added services -- will establish China Mobile as the dominant mobile provider, far ahead of its nearest competitors.Additionally, a strong balance sheet, strong free cash flow and sustainable dividends facilitate the company's efforts to weather economic volatility. We ...

China Mobile Ltd. ADS (CHL), the largest wireless carrier in the world, continues to deliver healthy operating results as evidenced by strong subscriber accretion in 2008. The company exited the year with 72% share of the Chinese wireless market.However, growth slowed in late 2008 due to general economic conditions and increased competition. Nevertheless, it remains our view that the new competitive entities will face unanticipated challenges deploying and advancing services to levels and coverage delivered by China Mobile.Accordingly, we assess that successful expansion into low-penetration rural regions of China coupled with aggressive 3G TD-SCDMA service deployments in 2009 and customized mobile value-added services, establish China Mobile as the dominant mobile provider, far ahead of its nearest competitors.Additionally, a strong balance sheet, strong free cash flow and sustainable dividends facilitate the company's efforts to weather economic volatility. We maintain our Buy rating even ...

China Mobile's (...

China Mobile's (CHL) market valuation has declined in recent months which we believe is mostly related to general global equity market weakness and risks associated with the impending overhaul of the telecom sector by China's government. However, it remains our view that the emerging and restructured competitive entities will have unanticipated challenges deploying and advancing services to levels and coverage delivered by China Mobile, the incumbent.Accordingly, we assess that successful expansion into low-penetration rural regions of China, along with effective network optimization strategies and customized mobile value-added services, establishes China Mobile as the dominant mobile provider, far ahead of its nearest competitors. China Mobile currently commands 70% share of the Chinese wireless market.Regardless of additional competition, significant opportunities remain due to a substantial untapped user market, not to mention new valued-added offerings and the 3G deployments to follow. We maintain our Buy rating even ...

On his way into the city, a student catches segments of his favorite television show; an entrepreneur checks where his stocks are trading while walking to the office; and a mother takes photos of her little boys playing in the park – all on a mobile phone. The mobile multimedia revolution is taking the world by storm, regardless of age, citizenship gender or class.

As wireless markets continue to evolve, handsets are becoming the nexus of mobile content and applications in developing countries around the world. Growth in the mobile multimedia space shows a strong demand for mobile data content and introduces challenges that the wireless industry must overcome to achieve full success in these bustling regions.

Exchange Media Corp. has focused their efforts on addressing the need for a widely compatible mobile multimedia platform for personal music and video on the go. With their XCPlayer, mobile subscribers can search, download, manage,

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By 2012, mobile connections are expected to reach nearly 5 billion with revenues growing to exceed the $1 billion milestone. Emerging markets are the engine of connection growth in the mobile market and in the next few years we will most likely continue to see this trend continue.

One company poised to take advantage of this rapid growth is Exchange Media Corp., who is focused on providing mobile phone users with a unique end-to-end multimedia video/audio solution. The company’s XCPlayer software enables the searching, downloading, managing, and playing of published audio and video content. XCPlayer, currently the only service software of mobile video ring tones for commercial use in China, also integrates value-added services such as video ring tones and real-time high resolution video.

The company is mainly targeting young mobile phone users aged 18 to 35 since they are more ready to accept new applications with greater eagerness and are already familiar

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We maintain our Hold rating, but reduce the valuation target for NMS Communications Corporation (NMSS), an applications provider for value-added services in mobile communications.

This follows second quarter 2008 financial results that were well below our estimates. Revenue from its newly acquired LiveWire Mobile segment was impacted by delays in revenue recognition associated with several capital expenditure deals. We believe softness in product demand will continue in the second half of the current fiscal year as a result of weak global economic indicators.

The management guidance for the remainder of 2008 remains tepid, with only modest improvement in selling opportunities. On the other hand, NMSS' strategic decision to rebuild itself from a platform developer for mobile value-added services to a full-suit mobile personalized service provider may turn out favorably over longer investment periods.

NMSS is operating with a net loss, and it is not appropriate to value the stock on

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