+China Mobile Phones has signed a long-awaited agreement with Apple to provide new models of the iPhone on its mobile network , a person familiar with the matter said today . This agreement is expected to give U.S. tech giant a big boost in the biggest mobile market in the world .
The launch of the iPhone in the largest market in the world and the largest mobile operator by number of users , with over 700 million subscribers , is expected to begin later in the month, or sometime around December 18 .
China Mobile is one of the largest operators in the world that does not yet offer the most famous phone in the world , the iPhone .
Ministry of Industry and Information Technology of China said Wednesday it will give its license for 4G , which will take China Mobile and its rivals younger . While the company said it is interested to have a new iPhone model after obtaining a license for 4G .
Chinese market represents a huge growth opportunity for the company Apple , when an increase in the income of its U.S. is slowing .
Trefis research firm predicts that China Mobile , Apple may sell about 1.5 million new iPhones every month , or to reach 20 million new iPhones sold in 2014 . If unable to sell 20 million new iPhone within the next year , Apple will increase its sales in the global market to 17 % .
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