[lbo-talk] China Mobile sees opportunities in emerging markets

uvj at vsnl.com uvj at vsnl.com
Tue Sep 30 15:26:35 PDT 2008


China Mobile sees opportunities in emerging markets http://www.reuters.com/article/companyNewsAndPR/idUSPEK26903120080928

Sat Sep 27, 2008

TIANJIN, Sept 28 (Reuters) - China Mobile Ltd (0941.HK: Quote, Profile, Research, Stock Buzz) (CHL.N: Quote, Profile, Research, Stock Buzz), the world's biggest mobile carrier, said on Sunday that its investment focus remained on the more attractive valuations in emerging markets, despite the higher risks involved.

China Mobile was not looking at North America or Europe, where valuations were too high, but rather in Asia and Africa where there were more opportunities, Chief Executive Wang Jianzhou, told a meeting of the World Economic Forum. http://www.reuters.com/article/companyNewsAndPR/idUSPEK26903120080928



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