At the recent World Economic Forum meeting, The giant China Mobile was in a particularly ebullient mood – it’s Chairman Wang Jianzhou said that the company is still growing despite the recession (impressive..), and is even looking at acquisitions!
Given the dire state of some mobile-involved companies right now, I’d say the shortness of that statement says A LOT. It could be a handset vendor, another operator, or maybe even – an operator group?
Recessions are great if you are a cash-rich growing company – it makes your purchases much cheaper! So could we see China Mobile snap up one or more companies? Quite possibly.
[Via: Mobile-Ent.biz]