China Mobile faces threat

China Mobile and China Unicom are the two companies licensed to provide cellular services in mainland China, says Motley Fool.

With millions of new subscribers signing up for wireless services every month, dominant China Mobile has been one of China`s hot stocks, soaring 89% so far this year. China Unicom`s shares have risen 27% in the year to date, but the good times may not last if the government follows through with a plan to introduce new competition to the market.

Chinese news agency Xinhua reported over the weekend that Xi Guohua, vice-minister of China`s Ministry of Information Industry, spoke of issuing new licences that would permit fixed-line operators China Netcom and China Telecom to operate mobile communication networks.

Verizon Wireless is hoping the combination of mobile TV, touch-screen technology and removable memory in one phone package will make consumers forget about the iPhone this holiday season, states Atlanta Journal Constitution.

The telecom giant, which counts Atlanta as one of its five biggest markets, will release Voyager, its answer to the iPhone.

The new phone mimics most of iPhone`s capabilities while featuring a few extras.

Alvarion has had its 4Motion solution selected for deployment by Monarch Communications, a privately owned company and WiMax licence holder in several different states in Nigeria, according to Business Wire.

Data and VOIP services, using Alvarion`s self-install CPE, will be offered to businesses, SOHO, SME and residences. Roll-out is planned to begin in Lagos and later in Abuja and Port Harcourt.

David Valencia, network operation manager of Monarch Communications, said: "After testing other large telecommunications equipment manufacturers, we are confident that Alvarion will be able to meet our urgent demand for a highly-reliable solution in the rapidly growing Nigerian telecommunications industry."