by user | March 17, 2005 6:35 am
According to In-Stat, China is currently the world’s fastest-growing telecom market. In fact, China is the world’s # 1 cellular market, with 320 million users, already surpassing the U.S. subscriber base of less than 170 million, as reported by the Cellular Telecommunications & Internet Association. The Chinese SMS market alone accounts for 1/3rd of the world’s traffic . SMS means sending and receiving brief text messages via mobile phones. SMS can be used for everything from promotional marketing to mobile banking.
One company has remarkable potential is the U.S. corporation, China Mobility Solutions, Inc., publicly traded on the OTC BB Exchange under the symbol CHMS. With a rapidly growing client base of over 15,000 Chinese companies, including profit-sharing contracts with China’s largest telecom companies, we predict CHMS is positioned to become China’s leading SMS provider for commercial customers.
CHMS is currently trading below US$1.00 Home Loan Finance
Source URL: http://www.newsinsider.org/14/chms-otcbb-achieves-record-sales-in-2004/
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