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OTC STOCKSHARK

Initiates coverage on
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China Wi-MaxCommunications

Nokia gets official thumbs up in China

Posted by illy68 on April 28th, 2009

Chinese Vice Premiere applauds Nokia (NOK) for its part in China Mobile's 3G rollout. Handsets to follow ?

Investors have every right to be confused about the wireless market in China. But rest assured that China Mobile will continue to be the dominant operator, and could provide healthy returns to shareholders at current prices.

...
All that said, the move by China shows the pitfalls of investing in a company with a government shareholder, no matter how big or small that stake is.

Governments, to put it mildly, aren't passive shareholders. If they want to merge companies together, they're usually successful in their quest no matter what the other investors think.
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