Apple is close to signing a deal to distribute iPhones through China Mobile, a deal that would give the company access to as many as 700 million potential new customers in the world's most populous country.
The Wall Street Journal reported Wednesday night that the deal was done, but Reuters on Thursday morning reported that China Mobile officials said negotiations were still ongoing.
"We are still negotiating with Apple, but for now we have nothing new to announce," China Mobile spokeswoman Rainie Lei said, according to Reuters. Apple also declined comment.
For Apple, the deal would provide a dramatic inroad into a market in which it has had trouble establishing a foothold. The company began selling iPhones through China Unicom—the country's second-largest carrier—only in 2009, and sales were initially slow: Just 100,000 units in the first month, compared to millions in other markets where the phone launched.
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