Though Profitability Concerns Remain, China Mobile Likely To Increase 4G Handset Subsidies

China Mobile is likely to increase subsidies on its 4G mobile handsets later this year by gradually reducing its 3G handset subsidies, according to a recent Chinese media report. The report also stated that the carrier is looking to reduce ? and eventually cancel ? its free handset offerings as part of its contract phone sales, and instead switch to service package subsidies.