Apple, China Mobile deal may be coming soon

Thursday, 26 Sep 2013 | 11:45 AM ET
The Apple iPhone 5C at an Apple Store in Palo Alto, Calif.
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The Apple iPhone 5C at an Apple Store in Palo Alto, Calif.

Apple may be about to finally announce a deal with China Mobile, the world's largest wireless carrier.

(Read more: Here's how much it costs Apple to build new iPhones)

Posters leaked on Thursday show China Mobile may be getting ready for an advertising campaign to promote Apple's iPhone finally coming to its customers.

(Read more: Icahn may look to take new bite at Apple: To meet with Cook)

The posters, which were picked up by the website Unwiredview.com, show that China Mobile, which has about 700 million subscribers, is going to carry Apple's iPhone 5S and iPhone 5C. The posters also mention that the iPhone carried on China Mobile's network will be "the strongest iPhone" in China, supporting both 3G and 4G.

'Big Apple' meeting between Icahn & Cook
Billionaire investor Carl Icahn and Apple CEO Tim Cook are to meet in New York City on Monday, reports CNBC's David Faber.

Investors have been waiting for a deal with China Mobile for some time now. Apple revealed its iPhone 5S and iPhone 5C at an event earlier this month, and it was widely speculated the company would also announce it would begin selling its flagship phone on the Chinese network. However, no deal was announced.

Both the iPhone 5S and iPhone 5C went on sale last Friday and set a record for opening weekend sales with 9 million units sold. That figure included both models of the iPhone sold in the U.S. and in China.

While Apple's sales figures impressed the Street, a deal with China Mobile could give the company's iPhone business a significant boost.

Some analysts speculate Apple will announce a deal with China Mobile in November, however, there are some whispers that news of a deal could come sooner.

Apple CEO Tim Cook is expected to meet with activist investor Carl Icahn in New York on Monday. Cook's visit to New York has led some to speculate that he may also be about to make another announcement, possibly a deal with China Mobile.

By CNBC's Cadie Thompson. Follow her on Twitter @CadieThompson.

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  • Matt Hunter is the senior technology editor at CNBC.com.

  • Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.

  • Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.

  • Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.

  • Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.

  • Mark is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.