China Mobile investing $5.8B in Chinese bank (AP)

[Mgtrben news]

AP - China Mobile Ltd., the world's biggest phone company by subscribers, said Wednesday it was investing $5.8 billion in a Chinese bank as part of a plan to develop mobile phone banking and business services.

Apple/Macintosh News (http://us.rd.**********/dailynews/rss/wireless/*http://news.**********/s/ap/20100310/ap_on_hi_te/as_china_mobile_pudong_bank)