China Mobile Ltd. (NYSE:CHL, SEHK:0941) is China's dominant mobile service provider, with 60% national market share. It is the world's largest telecom (telecommunications company) by subscriber count, serving more than 384 million people as of March 27th, 2008. Its size gives it an efficiency and resource advantage over its competitors, but brings a burden as well. As the shining star of the Chinese telecom industry, China Mobile is expected to be a main financial supporter of any home-grown telecom technologies--a literally draining honor.

China Mobile is currently focusing its domestic expansion and development resources on rural market capture. Rural markets are much more sparsely penetrated than urban ones, and China Mobile's extensive existing network gives it a significant boost in the race to grab as many of the rural market mobile users as possible. China Mobile's future success will depend in large part on its rural expansion.

(Read more at Wikinvest )