China Mobile rejects investment plans in India

www.WirelessFederation.com/news: China Mobile has rejected its plans to invest in Indian telecom market.

It denied a report that the company is in talks with Reliance Communications Ltd. about a strategic partnership.

“Currently, China Mobile has no plans to invest in the Indian telecom market,” the company’s spokeswoman Rainie Lei, reporedly said. “I have seen the news report in India and checked. There is no deal,” she said.