Asian markets had an uninspired finish on the final trading day of 2015, as investors kept an eye on oil prices for further clues going into 2016.
Major Asian equities closed mostly lower on the first day of the final trading week for 2015.
Alibaba has partnered with China Telecom to sell budget smartphones in rural areas, in a bid to boost its reach in untapped areas.
Asian stocks traded mixed on Thursday, as euro zone finance ministers failed to reach a deal with Greece, while losses in oil prices overnight compounded the depressed sentiment.
China Mobile's quarterly revenue fell year-on-year for the first time as it struggles in the face of rising competition from popular messaging apps.
Consumers in China will not be able to buy the new iPhone 6 as part of the first wave of buyers around the world this month.
Chinese media reported that officers from the State Administration for Industry and Commerce visited the software giant in at least 4 cities.
Chinese officials have made sudden visits to Microsoft offices in China, the company said, but declined to give a reason for the inspections.
China has overtaken Europe by building hundreds of thousands of masts to carry superfast 4G mobile signals. The FT reports.
China's domestic 4G smartphone market is set for 1,500 percent growth in shipments this year, according to IHS Technology.
China Mobile finally starts selling iPhones on its massive network, with focus on how big a slice Apple can carve out in the booming Chinese market.
A deal to sell iPhones on China Mobile's vast network is a "watershed moment," Apple CEO Tim Cook told CNBC on Wednesday.
China has approved a pilot scheme allowing private companies to piggy back on the country's providers to offer own-brand mobile services.
Apple's deal with China Mobile is set to up the ante in the smartphone war with Samsung, which stands to lose its leading position in the market.
Apple and China Mobile have signed a deal to distribute Apple's iPhone, according to a Wall Street Journal report.
China has opened up its mobile broadband market after granting 4G licences to the country's three main telecom companies. The FT reports.
China has reportedly made a momentous decision to liberalize internet access within the planned Shanghai free-trade zone to websites seen as politically sensitive such as Facebook.
Some of the names on the move ahead of the open.
Tucker Grinnan, Head of Regional Telecommunications Research at HSBC tells CNBC's Cash Flow why he like China Telecom in the wake of the Apple iPhone 5C and 5S.
Bertram Lai, Greater China Telecommunications Research at CIMB Securities tells CNBC's Cash Flow why he's neutral on China Mobile at the moment.