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News Summary: China Mobile 2012 profit up 2.7 pct

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CHANGING LANDSCAPE: Weighed down by rising costs and fierce competition, China Mobile Ltd., the world's biggest phone carrier by number of subscribers posted a 2.7 percent profit increase last year. iLACKING: The company is also hobbled because its network, which runs its homegrown third-generation TD-SCDMA technology, does not support Apple's iPhone. Rivals China Unicom and China Telecom have...

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