China Mobile wants to dominate internet acquisition of Tencent is imperative

December 31, 2009, China Mobile Communications Group president Wang, China Mobile delegation arrived at Tencent headquarters, once again on the acquisition of Tencent company to discuss China Mobile.

According to the source, China Mobile bought Tencent's idea for a long time, from the Xiaochu in a few contacts, but because of China Mobile system problems and Tencent's dissatisfaction with the acquisition conditions have been unsuccessful. With China Mobile's letter was forced to telecommunications, unicom open interoperability, the Sino-Thai Yue incident on the internal impact, as well as the Chinese mobile in the process of moving into the internet a lot of bad, stimulated China Mobile through the acquisition of Tencent to speed up the pace of the internet market.

According to Tencent's website: During Mr Wang's visit to Tencent, "Tencent President Lau briefed Mr Wang on the company's development process, business layout, business model and social responsibility." Tencent Executive vice president Liu Chengmin to Mr Wang to show Tencent's application in wireless internet and new product design and development process. Mr Wang has affirmed the innovative ideas expressed in Tencent's product design and operation. Along with Mr Wang also: "China Mobile Communications Group general manager Lu Ping, Zhuo Hope Holdings Limited CEO Ye Bing, China Mobile Communications Group Guangdong Limited general manager Xu Long, etc.".

In addition, yesterday, the media also Lau Tencent President of the company to reduce the 40,000 shares, a set of 6.521 million Hong Kong dollar news. After the reduction, Lau currently shares in Tencent's share from 0.57% to 0.56%. Since 2009, including CEO Ma and CTO Zhang Zhidong and other senior executives frequently, according to incomplete statistics, in 2009 Tencent executives total reduction of 10.5 million shares, the amount of up to HK $1.207 billion. Finish