China Mobile's stock is surging amid 4G push

03/19/2012 | Bloomberg

China Mobile's shares have gained 12% for the year in New York, making the company the standout among Chinese carriers in the U.S. market. China Mobile is pushing to expand its 4G network in China, aiming at higher-end customers. "The sooner they can move to 4G, the better for them," commented Steve Clement, an analyst at Pacific Crest Securities.

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