Monday, April 29, 2013

Forbes - Media & Entertainment: China Regulator Backs Out Of China Mobile, Tencent Dispute

Forbes - Media & Entertainment
Forbes - Media & Entertainment
thumbnail China Regulator Backs Out Of China Mobile, Tencent Dispute
Apr 29th 2013, 14:00

In what looks like a major development in the ongoing feud between China Mobile (HKEx: 941; NYSE: CHL) and Tencent (HKEx: 700) over the latter's popular WeChat service, China's telecoms regulator has said it will no longer play the role of mediator in the issue and instead will let the market resolve the matter.

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