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Published on 12/9/2009 in the Prospect News Emerging Markets Daily.

Fitch affirms China Mobile

Fitch Ratings said it affirmed China Mobile Ltd.'s long-term foreign-currency and local-currency issuer default ratings at A+.

The outlook is stable.

The ratings reflect the company's dominant market position in China's mobile sector, Fitch said.

Fitch said it does not expect the company's market position to be seriously challenged, although competition has increased after the industry restructuring in May 2008.


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