China Mobile seeks $6bn for cloudy infrastructure refresh with Shanghai stock float

Mega-carrier China Mobile has announced its intention to seek a listing on the Shanghai Stock Exchange and spend the proceeds on a cloudy infrastructure refresh and new “information services”. In a notice [PDF] posted to the Hong Kong Stock Exchange, the carrier revealed its intention to float 4.5 per cent of its shares trade …

[Kevin McMurtrie]

Slight revision to the details

China Mobile had 939 million customers botnet nodes as of March 2021.

They can upgrade their infrastructure all they want but their packets still won't go anywhere as long Chinese state-owned networks encourage hosting attackers. Firewalls work for IPv6 too.