China Mobile Considers Selling Up to 1% of True Stake as AI Ties Continue
True confirmed China Mobile will remain a long-term strategic shareholder. China Mobile’s proposed sale of no more than 1% of its True stake, previously disclosed to the Stock Exchange of Thailand, is described as portfolio management under its investment policy for Chinese state-owned enterprises, with no intent to sell its entire holding. The companies will keep collaborating on AI for network efficiency, operations, and AI services.