HONG KONG and BELLEVUE, Wash., July 18, 2012 (GLOBE NEWSWIRE) -- China Mobile International Limited, a subsidiary of China Mobile, the world's largest mobile telecommunications company in terms of subscribers, and Clearwire (Nasdaq:CLWR), a leading provider of wireless broadband services, today announced that the two companies have signed a non-binding memorandum of understanding (MOU) that lays the foundation for international roaming between China and the United States using TD-LTE.
Under the MOU, China Mobile International Limited and Clearwire plan to collaborate on business and technical aspects of their respective operations to define and institute the process necessary to support international roaming and to ensure the operators' systems and devices are able to support roaming. The companies also expect this agreement to serve as a blueprint for future roaming agreements with other members of the Global TD-LTE Initiative (GTI) of which China Mobile and Clearwire are founding members.
"We recently demonstrated the roaming capability between Hong Kong FDD LTE and Hang Zhou TD-LTE. With the commercial launches of TD-LTE networks in major markets, these networks shall enable international roaming to create a ubiquitous user experience and a unified market," said Dr. Tiger Lin, Chairman of China Mobile International. "Our goal is to make a converged LTE TDD/FDD market in which our subscribers roam between a TD-LTE network and a LTE FDD network at affordable cost and enjoy the benefit of LTE service globally."
"Today's new agreement with China Mobile will add substantial momentum to our own LTE network deployment and to the development of the TD-LTE ecosystem around the world," said Dr. John Saw, Senior Vice President and Chief Technology Officer for Clearwire. "The global nature of the TD-LTE ecosystem and interoperability will be an important achievement for both companies. We are pleased that our position as a leading 4G operator has allowed us to develop a strong working relationship with a key global counterpart like China Mobile."
China Mobile and Clearwire are developing TD-LTE networks in their respective domestic markets. Through mutual collaboration, the companies will provide their customers with 4G roaming capability and help 4G services to follow the same global pattern towards international accessibility as other wireless technology. The companies expect the spectrum in the 2.3GHz to 2.7GHz range which will be used in their TD-LTE network deployment will make up one of the most widely deployed 4G configurations in the world.
About China Mobile International Limited
China Mobile International Limited (CMI) is a wholly owned subsidiary of China Mobile Limited (HKEX:0941).
As the world's largest telecommunications operator in terms of network scale, customer base and market value, China Mobile strives to continuously expand its global network and international business. In order to provide better services to meet the growing demand in China's international telecommunications market, China Mobile established a subsidiary, CMI in December 2010, the Company responsible for the operation of China Mobile's international business. Leveraging on the strong support by China Mobile, CMI provides a full range of comprehensive international telecommunications services that cover IDD, roaming, internet, MNC services and VAS, across the globe. CMI commits to provide customer with the experience of "feel at home", wherever and whenever they are.
CMI headquartered in Hong Kong, the world's major telecommunications hub. The Company has representative office in Beijing, China and subsidiaries in U.S.A and U.K. Additional information is available at http://www.chinamobile.com.
Clearwire Corporation (Nasdaq:CLWR), through its operating subsidiaries, is a leading provider of 4G wireless broadband services offering services in areas of the U.S. where more than 130 million people live. The company holds the deepest portfolio of wireless spectrum available for data services in the U.S. Clearwire serves retail customers through its own CLEAR® brand as well as through wholesale relationships with some of the leading companies in the retail, technology and telecommunications industries. The company is constructing a next-generation 4G LTE Advanced-ready network to address the capacity needs of the market, and is also working closely with the Global TD-LTE Initiative and China Mobile to further the TD-LTE ecosystem. Clearwire is headquartered in Bellevue, Wash. Additional information is available at http://www.clearwire.com.
The Clearwire Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8493
This release, and other written and oral statements made by Clearwire from time to time, contain forward-looking statements which are based on management's current expectations and beliefs, as well as on a number of assumptions concerning future events made with information that is currently available. Forward-looking statements may include, without limitation, management's expectations regarding future financial and operating performance and financial condition; proposed transactions; network development and market launch plans; strategic plans and objectives; industry conditions; the strength of the balance sheet; and liquidity and financing needs. The words "will," "would," "may," "should," "estimate," "project," "forecast," "intend," "expect," "believe," "target," "designed," "plan" and similar expressions are intended to identify forward-looking statements. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside of Clearwire's control, which could cause actual results to differ materially and adversely from such statements. Some factors that could cause actual results to differ are:
For a more detailed description of the factors that could cause such a difference, please refer to Clearwire's filings with the Securities and Exchange Commission, including the information under the heading "Risk Factors" in our Annual Report on Form 10-K filed on February 16, 2012 and subsequent Form 10-Q filings. Clearwire assumes no obligation to update or supplement such forward-looking statements.
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