World's largest mobile carrier, China Mobile is in talks with Taiwan's three major mobile phone network operators to cooperate on roaming services.
Chairman of China Mobile, Wang Jianzhou said talks had been held with Chunghwa Telecom, Taiwan mobile and Far EasTone Telecommunications about potential cooperative arrangements.
Wang Jianzhou added the firm also hopes to cooperate with Taiwan phone makers to develop mobile devices.
Deputy general manager of China Mobile, Zhang Chunjiang said the company's volume of calls has declined since the last quarter of 2008 due to the financial crisis.
Zhang Chunjiang said China Mobile will work with foreign companies including Nokia to produce third generation (3G) mobile phones. The company plans to spend 58.8 billion yuan ($8.6 billion) this year on its 3G network, which will cover about 300 Chinese cities by the end of 2009.
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