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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (41909)3/22/2011 4:16:17 PM
From: Paul Senior  Respond to of 78523
 
I'll take more CHL as it moves down. P/e at least 10 about right for me for a utility type stock. (Given that my reference seems to be the old AT&T)

Population of China 1,331 millions.

China Mobile subscribers: 595 million
China Unicom mobile subscribers: 172 million
China Telecom mobile subscribers: 96 million

Total mobile subscribers: 863 million

Not sure what to make of of this, other than having cell phone subscriptions and being connected is very important to most Chinese.