China Mobile Partnership Members Sign Memoranda of Understanding to Accelerate Strategic Collaboration
HONG KONG, March 21, 2016 /PRNewswire/ -- China Mobile, the world's largest telecommunications operator by network scale, customer base and market capitalization, today announces that the memoranda of understanding (MoU) by and between China Mobile International Limited (CMI), StarHub Mobile Pte Ltd (StarHub) and True Corporation Plc (True Corporation) were signed concurrently on 21st March 2016 at the CMI Headquarters in Hong Kong for accelerating strategic cooperation under the framework of CMI "Hand-in-Hand Program" (hereafter referred to as "hi-H Program").
CMI, in this strategic partnership, acts as the principal party being supported by China Mobile Communications Corporation (CMCC) to collaborate with StarHub and True Corporation. The present cooperation was facilitated by CMCC covering five major scopes which include intensify device collaboration on research initiatives for mobile network evolution technologies; strengthen complementary capabilities for data business services; enhance mobile business through global roaming cooperation and information sharing; leverage network resources to maximize efficiency; co-develop new business opportunities in relation to innovation and internet of things.
CMI owns diverse network resources to meet the increasing demands of domestic and overseas interconnections for signaling, data roaming and international broadband services. Coupled with the explosion of LTE roaming, CMI has been developing a global Wi-Fi hub for sharing Wi-Fi network resources in order to deliver the best global digital experience in a high-speed data era. Meanwhile, the Global Resource Improvement Platform (GRIP) was formed within hi-H Program by CMI on a partnership basis and designed to bring together global telecommunications carriers for the realization of a strong eco-network sustained by comprehensive resources, fast delivery, high quality and low cost.
About Hand-in-Hand Program:
The hi-H Program was initiated by CMI and launched in Shanghai on 14th July 2015. Since official launch, this non-exclusive partnership platform has attracted active involvement from various industry counterparts which to acknowledge its main principles of "hi-H: Openness, Connection, and Collaboration". The Program aims to form an integrated platform involving an expanding group of international partners with the intentions of reaching win-win partnership benefits and providing seamless services to customers. Through cross-industry collaboration, it is believed that the global digital work and life experience of individuals and corporates can be further enriched without boundary.
About China Mobile Communications Corporation and China Mobile International Limited:
China Mobile Communications Corporation (CMCC) is the world's largest telecommunications company by market capitalization, boasting the world's largest mobile network and mobile customer base. As of 22nd December 2015, CMCC was ranked the top player having the greatest LTE connection volume at a regional level totaling 114 destinations. In 2014, CMCC was once again selected as one of the "FT Global 500" by Financial Times and "The World's 2,000 Biggest Public Companies" by Forbes magazine, and recognized on the Dow Jones Sustainability Emerging Markets Index. For more information, please visit www.chinamobile.com.
China Mobile International Limited (CMI) is a wholly owned subsidiary of the China Mobile Group. The company is responsible for the operation of China Mobile's international business. Leveraging the strong support by China Mobile, CMI provides a full range of comprehensive international telecommunications services which includes IDD, roaming, data, MNC solutions and Value Added Services across the globe. CMI aims to bring customers with seamless, carefree, borderless digital life. For more information, please visit www.cmi.chinamobile.com.
About True Corporation Plc:
True Corporation Plc is Thailand's only fully-integrated telecommunications service provider. Its three core businesses are: TrueMove H, the leader in 4G/3G mobile services with the largest number of frequencies and bandwidth (850, 900, 1800, 2100 MHz); TrueOnline, the largest fixed-line phone operator in Bangkok and the largest broadband and WiFi operator in the country; and TrueVisions, the nation's dominant pay TV operator. As of December 31, 2015, True Corporation's subscriber base amounted to 25 million. For more information, please visit www.truecorp.co.th.
About StarHub Ltd:
StarHub is Singapore's fully-integrated info-communications company, offering a full range of information, communications and entertainment services for both consumer and corporate markets. StarHub operates a mobile network. It also manages an island-wide HFC network that delivers multi-channel pay TV services and ultra-high speed residential broadband services. StarHub operates an extensive fixed business network that provides a wide range of data, voice and wholesale services. Over Singapore's fibre-based Next Generation Nationwide Broadband Network, StarHub offers home and business broadband plans, and commercial and residential IPTV services. For more information, please visit www.starhub.com.
Photo - http://photos.prnewswire.com/prnh/20160321/346155
SOURCE China Mobile International
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