China Mobile announced today that it's going to be spending a staggering $7 billion on its LTE network this year, setting the stage for what could be a late iPhone 5 launch. The carrier's current network standard doesn't properly support the popular popular handset.
In fact, China Mobile—the largest wireless provider in the world by subscriber base—is one of the few remaining major carriers in the world that doesn't offer Apple's smartphone. But recent chatter indicates that there's a good chance that could change this year...