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Apple and China Mobile announced their long-awaited deal Sunday night, with the Chinese mobile carrier launching the iPhone across the country next month.
China Mobile bills itself as the world's largest mobile company, with 760 million subscribers. Access to its network has been seen as a crucial next step for Apple.
Both the carrier and Apple will sell the phone in their stores starting Jan. 17. Potential buyers can pre-register as of Dec. 25.
The companies did not offer pricing details.
Apple's market share on the rise)
The deal could also be a catalyst for Apple shares, which have risen in recent months every time a report suggested a China Mobile deal was near — only to fall each time when a deal did not materialize.
China Mobile bills itself as the world's largest mobile company, with 760 million subscribers. Access to its network has been seen as a crucial next step for Apple.
Both the carrier and Apple will sell the phone in their stores starting Jan. 17. Potential buyers can pre-register as of Dec. 25.
The companies did not offer pricing details.
Apple's market share on the rise)
The deal could also be a catalyst for Apple shares, which have risen in recent months every time a report suggested a China Mobile deal was near — only to fall each time when a deal did not materialize.
