"It's the dominant fixed-line operator because it had a monopoly until recently, " he says.

CNN: Cell-Phones On the Line

His second-largest holding, Carso Global Telecom, which controls ubiquitous fixed-line operator Telmex, has jumped 15% in that time.

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To adjust the imbalance, Beijing has scheduled China Unicom to take over fixed-line operator China Netcom (See " Beijing Smiles On China Unicom").

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His second-largest holding, Carso Global Telecom (other-otc: CGTVY - news - people ), which controls ubiquitous fixed-line operator Telmex, has jumped 15% in that time.

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China Mobile's largest rival, China Unicom, will be able to rid itself of a cumbersome, overlapping network using the CDMA standard, which is incompatible with its more popular GSM-based network, by selling it to the country's fixed-line operator, China Telecom.

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