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  1. Business - Companies - TELECOMMUNICATIONS

    China Mobile shares slip after interim earnings disappoint

    Posted Aug 17th 2012, 12:00am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Intense competition sees price fall 5pc to lowest level this year, with profit growing just 1.5pc China Mobile shares take a tumble China Mobile ... competition. That prompted its share price to slip 5.03 per cent to close at HK$86.85- its biggest decline since August 9 last year. China Mobile's revenue, however, rose 6.6 per cent to 266.53 ...

  2. Mobile deal lifts China Telecom

    Posted Aug 04th 2012, 12:00am

    ... that it plans to pay more than 120 billion yuan (HK$147.10 billion) to acquire the mobile infrastructure of its parent company. State-owned parent China Telecommunications Corp is currently leasing out its domestic mobile network, which supports the 2G cdmaOne and 3G CDMA2000 standards, to its Hong Kong-listed subsidiary. At the end of trading yesterday, China Telecom's share price ...

  3. Surge in users fuels China Telecom mobile push

    Posted Apr 30th 2011, 12:00am

    ... Bien Perez China Telecom Corp, the mainland's largest fixed-line network operator, plans to aggressively expand its mobile services business after posting strong subscriber growth ... million subscribers, after adding 9.73 million subscribers at the end of last month. That put the total number of mobile users on the mainland at 875.63 million. Market leader China Mobile, which ...

  4. Sex and fiddling the figures spell downfall of China Mobile official

    Posted Jan 08th 2010, 12:00am by Raymond Li

    ... Raymond Li A cocktail of sex and financial irregularities has brought down another high-ranking mainland official- a former vice-chairman of China Mobile, Zhang Chunjiang. Zhang, ... Mobile Communications, the parent company of China Mobile. Zhang ran afoul of party bosses when he inflated earnings during his tenure as general manager of the now-defunct China Netcom from 2003 ...

  5. China Mobile shares halted over dividend tax

    Posted May 14th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung Shares in China Mobile were suspended yesterday owing to a technicality related to a new mainland tax. Late on Tuesday, China Mobile announced it would have to delay ... shareholders must withhold and pay enterprise income tax for those shareholders. Individual shareholders, however, are not affected. China Mobile said it was required to withhold 10 per cent ...

  6. China Mobile to link fixed line to 3G

    Posted Mar 19th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung China Mobile Communications Corp, the nation's largest mobile operator, has been required by the government to introduce fixed-line telephone services through its ... China Mobile, a subsidiary of China Mobile Communications, can operate the TD-SCDMA mobile service but is not allowed to operate a local fixed-line network, according to the licence. The local ...

  7. China Mobile may pay lower fees

    Posted Mar 12th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung The mainland may introduce a regulatory measure that charges China Mobile a lower fee than its rivals when using each other's networks in order to develop ... asymmetrical interconnection charge, China Telecom Corp and Unicom will need to pay more than China Mobile, which runs the 3G TD-SCDMA services, to access an external network. That will make it cheaper ...

  8. PetroChina loses top value rank to ExxonMobil

    Posted Nov 07th 2008, 12:00am by Staff Reporter

    ... PetroChina has lost its crown as the world's most valuable company to ExxonMobil Corp following the stock market slump, as the nation's largest oil producer celebrated the first ... and locked up until November 2010. Based on Wednesday's closing price, ExxonMobil was valued at US$394.16 billion. PetroChina's A shares ended at 10.33 yuan yesterday, translating ...

  9. China Mobile earmarks 58.8b yuan for network

    Posted Jan 12th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung China Mobile, the nation's biggest mobile operator, announced at the weekend that it would invest 58.8 billion yuan (HK$66.83 billion) to install 60,000 base stations ... Mobile is developing the 3G service using the homegrown TD-SCDMA technology, a standard the government has said it would provide initiative to support. Rival companies China Telecom and China ...

  10. New users to boost China Mobile earnings

    Posted Mar 17th 2008, 12:00am by Staff Reporter

    ... China Mobile: March 19 China Mobile (941), the nation's largest mobile operator, may report 30 per cent growth in last year's net profit on Wednesday following a surge in the number of new customers. As it derives all its income from the mainland, any slowdown overseas will not cast a shadow on China Mobile's earnings, said Lehman Brothers analyst Danny Chu. ...




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