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China Mobile, the largest mobile service provider in the world, derives most of its revenues from mobile services as well as value added services like data, SMS, mobile Internet, voice mail and other features.
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Sina is an online media company which also offers mobile value added services in China.
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An increase in the popularity of smartphones and higher usage of mobile value added services by customers are further fueling growth for the company.
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The company makes money primarily from its mobile business as well as value added services like SMS, MMS, ringtones and mobile Internet in particular.
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Tencent had previously indicated it would let the service remain free and try to monetize the platform by offering value-added services like online games and mobile shopping.
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Revenue from mobile phone sales has hence been increasing and is expected to continue the upward trend owing to both increasing smartphone popularity in China and also more emphasis on value added services like SMS, MMS, mobile internet, to name a few.
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