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UPDATE 2-First annual profit drop in 14 years spurs China Mobile spending on 4G

March 20, 2014

BEIJING, March 20- China Mobile Ltd, the world's largest mobile carrier by subscribers, will spend more this year to bolster its 4 G mobile network to counter its first annual profit drop in 14 years. China Mobile also said it plans to sell 100 million 4 G smartphones and tablets this year following the January launch of Apple Inc's iPhone on its network.

Source: http://www.cnbc.com/id/101509763
 
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