China Broadnet becomes the country’s fourth mobile operator

China has gained a fourth mobile operator as China Broadnet begins offering services in the country.

The operator was established in 2020 as the China Broadcasting Network (CBN) but never offered any services.

Earlier this month, there was a sign that something was afoot when CBN rebranded to China Broadnet. Alongside that announcement, China Broadnet began taking reservations for numbers.

To reserve their desired number, customers had to pay an upfront fee of...

China Mobile share price retreats following Shanghai debut surge

China Mobile’s share price has retreated following a surge after it listed on the Shanghai Stock Exchange.

The world’s largest mobile operator by total subscribers was delisted from the New York Stock Exchange (NYSE) following the Trump administration’s decision to restrict investments in Chinese technology firms.

China Mobile’s shares increased by ~8.5 percent from its offering price of 57.58 yuan but over the next six hours had returned to around its offering...