• Mon
  • Dec 22, 2014
  • Updated: 1:56am

China Mobile

China Mobile Ltd is a state-owned telecom providing mobile voice and multimedia services through a nationwide mobile network. It is listed in New York and Hong Kong and is the world's largest mobile phone operator with about 655 million subscribers as of January 2012.

China Mobile posts 3.9pc rise in earnings

China Mobile, the world's largest wireless network operator by subscribers, yesterday reported a small increase in profit for the nine months to September amid fresh speculation about another round of musical chairs among the country's senior telecommunications industry e

Thursday, 21 October, 2010, 12:00am

China Mobile wins right to offer TV services

China Mobile yesterday won a landmark public auction on the right to offer broadcast-type mobile TV services across Hong Kong, the Office of the Telecommunications Authority said.

30 Jun 2010 - 12:00am

Unicom earnings fall 68pc in first quarter

30 Apr 2010 - 12:00am

Telecoms firms weigh chances across border

Hong Kong telecommunications service providers are upbeat about plying their business in Guangdong, but making their mark will not be easy.

The elaborate logistical support needed to succeed in the mainland's most populous province posed a challenge, industry experts said.

25 Sep 2009 - 12:00am

Claims of dirty tricks as mobile phone firms bid to woo students

At first, it seemed like a reason to gloat: China Mobile employees were using their arch-rival's telephone system extremely heavily in an area of Wenzhou, Zhejiang, where many students lived.

Then the China Telecom employees found out why, and allegations of dirty tricks flew as fast at it took to connect a call. But that was the point.

14 Sep 2009 - 12:00am

A celebrity - thanks to one, foul, character

Shenzhen resident Chen Shuwei has filed 187 lawsuits against three major telecommunications companies - China Telecom, China Mobile and China Unicom - in the past five years. The 36-year-old has lost most of the lawsuits - which targeted unfair contract terms - but gained overnight celebrity when he submitted a profane, one-character petition against the rulings.

24 May 2009 - 12:00am

China Mobile drops 5.4pc on growth concern

China Mobile shares slid 5.4 per cent yesterday on concern it faces slower growth amid the economic downturn and rising competition.

The nation's biggest mobile operator closed HK$3.60 lower at HK$63.10, reflecting fears the tough business environment this year will hurt the company's bottom line.

21 Mar 2009 - 12:00am

Warrants worth considering if you can stomach the risk

Potential for profit matches perils of complex derivative

Like most professions, finance has created its own dialect.

Not too long ago, none of us had heard of a collateralised debt obligation or credit default swap, but now they are bringing about the collapse of the banking system, they have entered the popular lexicon.

8 Feb 2009 - 12:00am

China Mobile signs up fewer new subscribers

China Mobile, the mainland's largest mobile operator, reported its lowest growth in subscribers last month as rival China Telecom Corp narrowed losses.

China Mobile said it added 6.87 million subscribers, 5 per cent fewer than in October. It has gained 80 million users this year to 450 million.

23 Dec 2008 - 12:00am

Reforms to shift balance in telecoms landscape

Investors betting on the restructuring of the country's telecommunications industry beware: The timing will make a difference on the performance of the four industry players.

28 Apr 2008 - 12:00am

Netcom results may raise concern over fixed-line operators

China Netcom Group Corp is expected to announce today weak financial results for last year.

The results of the fixed-line operator and its smaller mobile service supplier might sound the alarm that the telecommunications sector needed to be restructured in a way that allowed for the fixed-line segment to survive, industry watchers said.

25 Mar 2008 - 12:00am

China Mobile targets 80m new users as profit rises to 87b yuan

China Mobile, the country's No1 mobile-telephone operator, aims to sign up more than 80 million new customers this year to maintain its strong growth before an expected industry restructuring starts.

Top executives, who were in Hong Kong yesterday, disclosed their target after announcing better than expected earnings results for last year.

20 Mar 2008 - 12:00am

China Mobile income forecast to rise 30pc

China Mobile is expected to report up to a 30 per cent surge in net profit for last year, thanks to strong growth in subscribers and rising revenue from non-voice value-added services.

Analysts estimate China Mobile's net profit to be in the range of 82.6 billion yuan (HK$90.61 billion) to 86.6 billion yuan, up 25.1 to 30 per cent from a year ago.

18 Mar 2008 - 12:00am

Telecoms revamp tipped to follow shake-up

This week's creation of the mainland's telecommunications super ministry is unlikely to derail the long-awaited restructuring of the industry giants, with analysts saying the revamp is imminent.

The State Council announced on Monday the formation of a new Ministry of Industry and Information as part of Beijing's wider shake-up of top government departments.

14 Mar 2008 - 12:00am

China Mobile rules out mega IPO

China Mobile Communications Corp will not launch a large-scale share offering on the mainland because the company has plenty of cash, according to president Wang Jianzhou.

Mr Wang said the company still did not have a timetable for the long-awaited A-share sale.

4 Mar 2008 - 12:00am