VEON Is The Perfect Fit For China Mobile [Seeking Alpha]
CHINA MOBILE (CHL)
US:NYSE Investor Relations:
chinamobileltd.com/en/ir/reports.php
Company Research
Source: Seeking Alpha
VEON Is The Perfect Fit For China Mobile Summary China Mobile is ready and able to expand internationally. VEON presents an amazingly perfect fit. There are very obvious synergies to be had in such an union. I nearly never consider the possibility of a company being acquired as a viable investment thesis. This is so because the hit rate (the company actually being acquired) would be low (since a company being acquired is a low probability event). Yet, from time to time, a situation can appear where it seems the fit for an acquisition is amazingly perfect. China Mobile ( CHL China Mobile Foreign Expansion Interest First of all, China Mobile has, for a while, shown interest in expanding internationally. China Mobile already dominates the Chinese mobile scene, with 932 million subscribers at the end of May 2019, 59% of the total Chinese mobile subscriber base, with the rest being divided nearly evenly between China Telecom ( CHA CHU China Mobile's subscriber base in China also makes it t
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