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Author: Larry01Gott Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3431  
Subject: Re: China Mobile (CHL) Date: 8/13/2003 3:59 PM
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Brad, we've not really tackled the China mobile market here much -- the two biggest players being China Mobile (formerly China Telecom) and China Unicom.

Part of the problem is that I like to run the numbers, to see if the numbers match the chatter. Neither of the two companies prepare quarterly reports like the standard USA 10Q, and don't report to the SEC as you can see on SEC's Edgar site.

They apparently do financial reports every six months, which can be found on their own websites. Now that earnings season is over, maybe I'll have time to look at them a little closer.

But anyone that's willing and able, can step in and become the board expert on the mobile market -- keeping us informed about who are the players besides the two mentioned, what % of total existing business do each have, what % of China population is covered, what's coming new, how can the government help or hurt the companies, and so on, and so on.

Oh! And something to keep in mind, those of us that have UTSI stock. One of UTSI's big growth areas are their local-area cellphones -- can't remember what they're called -- but they don't do long distance. They are VERY popular in China. This is big competition to China Mobile and China Unicom, and it is not certain how it will play out.
The "Big Two" are China-based companies, but UT Starcom is VERY highly valued in China, and is instrumental in the buildout of the national infrastructure for cellular. As a "reward" for faithful and speedy buildout, UTSI may be allowed to keep its corner on the local-area cellphone market for the forseeable future.

Anybody please feel free to add or subtract from my understanding of that latter issue.

Larry
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