China Mobile is still applying for approval from Taiwanese regulators on its plan to take a stake in Taiwan’s Far EasTone, reports Dow Jones Newswires., reports Dow Jones Newswires. In April, state-owned China Mobile agreed to pay about US$527 million for 12 percent of Far EasTone, which would be the first deal between telecoms companies in China and Taiwan if it is allowed. Far EasTone shareholders have already approved the deal. Taiwan opened 100 sectors to investment by mainland Chinese companies on Tuesday, but did not include the politically sensitive telecoms sector, indicating the investment is unlikely to be approved by Taiwanese authorities.