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5 Stocks to Boom on iPhone 5 Release

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China Mobile/China Telecom

China Mobile China Telecom CHA CHLShares in China’s second- and third-place telecoms are trading below their respective 52-week highs. The introduction of the iPhone 5 into both networks should give both China Mobile (NYSE:CHL) and China Telecom (NYSE:CHA) a major influx of new paying subscribers.

Brian White of Ticonderoga Securities said on Wednesday that he believes China’s 3G smartphone subscribership will grow from 93.8 million in September to 125 million by January. With the iPhone 5 — believed to be a 3G device — supported by all of China’s major telecoms, Apple should play a key part in reaching those lofty subscriber heights.

As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at @ajohnagnello and become a fan of InvestorPlace on Facebook.

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