A synopsis of today's Analyst Interview is presented below. The full article can be read at http://at.zacks.com/?id=2678.

Where are your telecom Buy recommendations right now?

We continue to rate China Mobile (NYSE:CHT), the largest cellular carrier in the world, with a Buy Rating. China Mobile's market valuation has declined in recent months based on what we believe are related to general global equity market weakness and additional levels of risk associated with the announcement of mandated telecom restructuring imposed by China's government.

However, it remains our view that these emerging and restructured competitive entities will have unanticipated challenges deploying and advancing services to levels and coverage delivered by the incumbent. Accordingly, we assess that successful expansion initiatives in rural regions of China, along with effective network optimization strategies and customized mobile value-added services, already establish China Mobile as the dominant mobile service provider, far ahead of competitors which include China Unicom/Netcom (NYSE: CHU) and China Telecom (NYSE: CHA).

China Mobile currently commands 69% share of the total Chinese wireless market. Significant opportunities, including the 2008 Olympics and near-term communications demand, still remain regardless of additional competitive conditions due to a substantial untapped user market, not to mention emerging valued-added offerings to follow.

The other is for Chungwha Telecom Co. (NYSE: CHT), the Taipei-based company which is the largest telecom supplier in Taiwan. We believe the gradual migration to 3G wireless technology is likely to benefit the company's financials in 2008 and beyond.

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The performance of the Zacks Rank portfolios shown above for annual and year-to-date periods are the linked monthly total returns (price changes + dividends) of equal weighted hypothetical portfolios, consisting of those stocks with the indicated Zacks Rank, assuming monthly rebalancing and zero transaction costs. These are not the returns of actual portfolios. The hypothetical portfolios were created at the beginning of each month from Jan 1988 forward based on the values of the Zacks Rank available to Zacks' clients before the beginning of each month.

The portfolios created monthly from 1988 through September 2006 exclude ADRS and are comprised of stocks that have the indicated Zacks Rank and were covered by at least two analysts at the time of the stocks inclusion in the portfolio. Starting in October 2006 and going forward, the portfolios are comprised of all stocks with the indicated Zacks Rank and do not exclude ADRs, which is more reflective of the list of stocks that customers will find on the Zacks web sites. 2007 returns are for the period of Jan 1 - Jun 30, 2007. These performance numbers have been audited from 1995 through 2003 by Autschuler Melovan, a division of American Express Financial.

Story Source: Business Wire