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Chinese Telecoms to Report Much Better Results in 4Q: Jefferies

Oct.21 -- Edison Lee, head of telecom and telecom equipment research at Jefferies, talks about Chinese mobile phone operators. China Mobile Ltd.’s nine-month profit fell as government mandated tariff cuts and spending on its business transformation eroded earnings, leaving the carrier on track for its first drop in annual profit since 2015. Lee speaks with Yvonne Man and Rishaad Salamat on "Bloomberg Markets: Asia."