International Investing

First it was Greece, then it was Italy, then it was Spain… and now Cyprus? The list of weak European economies that might need a bailout keeps growing, and bold action will continue to be required. But headlines like these are overshadowing some compelling values that are beginning to emerge… Read More

It’s the largest cell phone provider in the world… It has more customers than AT&T (NYSE: T), Verizon (NYSE: VZ) and Sprint (NYSE: S) combined. In fact, with 650 million subscribers, this company has twice as many customers as the United States has people. #-ad_banner-#But I doubt you’ve ever heard of it… The company I’m talking about is China Mobile (NYSE: CHL), China’s largest cell-phone provider. Now before you dismiss this as another risky emerging-market growth stock… let’s see the facts. China mobile is the world’s largest wireless telecommunications company with more than 650 million subscribers. The company controls about… Read More

It’s the largest cell phone provider in the world… It has more customers than AT&T (NYSE: T), Verizon (NYSE: VZ) and Sprint (NYSE: S) combined. In fact, with 650 million subscribers, this company has twice as many customers as the United States has people. #-ad_banner-#But I doubt you’ve ever heard of it… The company I’m talking about is China Mobile (NYSE: CHL), China’s largest cell-phone provider. Now before you dismiss this as another risky emerging-market growth stock… let’s see the facts. China mobile is the world’s largest wireless telecommunications company with more than 650 million subscribers. The company controls about two-thirds of the total Chinese mobile phone market and about 45% of the nation’s third-generation (3G) mobile data market. In other words, this is a dominant company. With a $200 billion market cap and $84 billion in annual revenue, China Mobile is just as big as the leading U.S. cell-phone service provider, AT&T. But unlike AT&T, China Mobile has a lot more room for growth. In the United States, more than 100% of the population owns a mobile phone. Even other markets including Brazil, Russia, Turkey… Read More