Apple and China Mobile have signed a deal bringing the Apple iPhone to the world's largest mobile operator for the first time.
Details on the partnership havn't been disclosed, but it's a 'multi-year agreement' that is sure to prove lucrative to both parties.
"China is an extremely important market for Apple and our partnership with China Mobile presents us the opportunity to bring iPhone to the customers of the world's largest network,” said Tim Cook, Apple CEO.
"We are delighted that iPhone on China Mobile will support our 4G/TD-LTE and 3G/TD-SCDMA networks, providing customers with high-speed mobile service,” said Xi Guohua, China Mobile Chairman.
Apple's shares have risen by over 3 per cent in light of the partnership with China Mobile, which should come as no surprise given the size of the potential new market.
The iPhone 5C and iPhone 5S are already available on China Telecom and China Unicom, who have over 400 million subscribers between them, and since their launch Apple's share of the smartphone market in China jumped to 6%.
That makes them the 3rd most popular manufacturer in the country and the launch of the iPhone 5S and 5C on China Mobile could easily catapult them into first place, overtaking both Samsung and Lenovo who currently occupy first and second places respectively.
Details of pricing and availability of the iPhone 5s and iPhone 5c on China Mobile are yet to be revealed.
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