China Mobile's earnings fall 5.9pc, ending 14-year run of profit growth

China Mobile Chairman Xi Guohua at the company's results briefing yesterday. He said 4G services should be cheaper than 3G due to technology advancement. Photo: Edward Wong

China Mobile said net profit fell 5.9 per cent to 121.7 billion yuan (HK$153.6 billion) last year due to heavier investments in infrastructure resources. It was the first time in 14 years that profits at the world's largest mobile company by subscribers failed to grow.

Friday, 21 March, 2014, 5:20am

China's 4G network operators face profit challenge in services expansion

Competition in the mainland's 4G business is likely to intensify later this year when the Big Three speed up their expansion. Photo: Xinhua

Profits at the mainland's three leading telecommunications network operators are expected to be squeezed in the first couple of years of their expansion into 4G mobile services, analysts say.

22 Jan 2014 - 4:28am

CSL raises the ante on 4G network services

CSL chief Phil Mottram shows off the pocket Wi-fi router.

CSL said the expansion was made possible by more than HK$1 billion it had invested on network development and innovation since last year. It now provides 20 megahertz of 4G spectrum in the 2.6-gigahertz frequency band, up from 15MHz previously.

23 May 2013 - 4:27am

China Mobile gets 4G edge, iPhone coming?

The next iPhone 6 launch date is speculated to be around the end of this year, about the same time China Mobile would launch its 4G service. Photo: Reuters

The latest reports on Beijing's plans to issue 4G mobile licenses look like good news for China Mobile, which could lay the groundwork for China's largest telcoms company to reach a highly anticipated deal to finally offer an Apple iPhone for its network.

9 May 2013 - 11:29am

4G seen to widen Asian SMEs' reach

Google says there is not enough information online relating to the Asia-Pacific region, partly due to the dominance of English. Photo: Reuters

The launch of high-speed 4G services will help remove limits on internet use in Asia and give smaller businesses greater outreach to customers, according to industry experts.

18 Apr 2013 - 5:33am

4G buzz: who gets what in China

Chinese telecoms officials have been speaking non-stop these last two weeks about 4G mobile networks, making the roll-out of commercial 4G services look almost inevitable as early as the third quarter of this year.

12 Mar 2013 - 10:20am

Speculation on mainland 4G network expansion helps lift ZTE shares

ZTE announced a strategic collaboration with semiconductor giant Intel on advanced smartphones. Photo: Reuters

Shenzhen-based ZTE's share price rose 8.94 per cent to finish at HK$14.14, its biggest one-day gain since January 29, 2009 when the company was lifted by news of being included among the major suppliers of 3G network equipment for China Mobile.

7 Mar 2013 - 6:12am

China Mobile expands commercial 4G

China Mobile chairman Xi Guohua speaks at the Mobile World Congress in Spain. Photo: AP

Dominant wireless carrier China Mobile is turning up its campaign to pressure the telecoms regulator to issue 4G licenses soon, this time through aggressive comments from its chairman at the world's biggest industry event taking place this week in Spain. 

27 Feb 2013 - 2:04pm

China’s Huawei unveils 'world fastest smartphone' Ascend P2

Huawei's Ascend P2 can achieve speeds of 150Mbps, fast enough to download a two-hour high-definition movie in less than five minutes. Photo: AP

China’s Huawei, the No 3 smartphone maker behind giants Samsung and Apple, unveiled on Sunday a new mobile, the Ascend P2, which it claims is the fastest in the world.

Sharp-cornered and thinner than a pencil at 8.4mm, the company said it can achieve speeds of 150Mbps, fast enough to download a two-hour high-definition movie in less than five minutes.

29 Aug 2013 - 4:13am

PCCW in court bid to end Apple phone locking

Hong Kong telecom giant PCCW. Photo: AFP

The operator of PCCW says the iPhone 5 cannot connect to its fourth-generation wireless network, but can connect to those of its rivals in the city. Users are restricted to PCCW's slower 3G network.

22 Feb 2013 - 5:20am 1 comment

China Mobile stabilises, set for growth

The latest numbers show that China Mobile had 38 per cent of the 3G market at the end of January. Photo: Reuters

Based on data and other recent developments, it does indeed look like industry leader China Mobile could finally return to a growth track in the Year of the Snake after years of stagnation

21 Feb 2013 - 9:15am

Business Digest, February 21, 2013

MGM China declares special dividend

Macau casino operator MGM China declared a special dividend of HK$1.02 per share as it posted unaudited earnings before interest, taxes, depreciation and amortisation of HK$5.31 billion last year, up 7.7 per cent from 2011.

21 Feb 2013 - 6:07am

China Mobile's 4G word games

China Mobile began trialing its 4G service, based on a homegrown standard known as TD-LTE in 2010. Photo: SCMP

The massive bureaucracy of China's telecoms regulator means it often takes ridiculously long periods to approve just about anything, putting China's telecoms market at a major disadvantage to global peers.

5 Feb 2013 - 3:36pm

Mainland 4G mobile network trial to expand this year, says MIIT

The mainland is to expand its two-year-old 4G network trial.

Telecommunications giant China Mobile could firm up its standing as the world's largest 4G network operator, as the central government pushes for an expanded trial this year of the high-speed wireless system.

24 Jan 2013 - 4:58am

Huawei, ZTE named in new dispute over 3G and 4G mobile patents

Samsung has also been named in the patent case. Photo: Thomas Yau

Huawei Technologies and ZTE - China's biggest telecommunications equipment manufacturers - have been accused of patent infringement in a case filed by InterDigital with the United States International Trade Commission.

4 Jan 2013 - 2:48am