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 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.

Tuesday, 18 March, 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

China Mobile assets expand to 738b yuan

Total assets of China Mobile Communications Corp expanded to 737.5 billion yuan (HK$804.6 billion) in the first nine months last year, reaffirming its rank as the mainland's top telecommunications operator.

The company revealed this in the second edition of its corporate social responsibility report for last year.

28 Feb 2008 - 12:00am

Cost edge gives mobile firms 60pc of market

Lower tariffs further boosted mobile-phone use on the mainland, allowing the two mobile operators to claim 60 per cent of the telephone market as they signed up a record 86.22 million users last year, government figures showed yesterday.

As tariffs dropped 53 per cent over the past five years, last year's average phone bill was reduced 13.6 per cent.

6 Feb 2008 - 12:00am

Unicom leads telecoms rally on revamp talk

Shares of China Unicom, the mainland's smaller mobile operator, rose the highest in seven years yesterday, leading gains in telecommunications stocks on investor expectations that the sector will be bolstered by an industry restructuring.

Unicom climbed HK$2.24 or 15.14 per cent to HK$17.04, its largest percentage gain since December 2000.

24 Jan 2008 - 12:00am

Lower roaming fees seen boosting China Mobile's dominance

China Mobile will further cement its dominant position in the country after a reduction of domestic roaming charges to make long-distant calls more affordable for mobile users, according to China Netcom Group Corp.

23 Jan 2008 - 12:00am

Beijing gives all-clear to telecoms restructuring

Mergers and management reshuffles to boost competition

The Communist Party has reportedly signed off on the long-awaited restructuring of the telecommunications industry that will include a series of mega mergers and a reshuffle of senior executives.

11 Jan 2008 - 12:00am

NDRC restructuring proposal may spell end of China Unicom

The country's top economic planning agency has proposed disbanding China Unicom while keeping China Mobile intact as the mainland restructures its telecommunications industry to create a fair market landscape, according to a state-controlled newspaper.

24 Dec 2007 - 12:00am

China Mobile signs Chongqing deal in rural push

China Mobile Communications Corp, the parent of Hong Kong-listed China Mobile, disclosed on its website that it has invested 14 billion yuan in the past four years to build mobile networks in 39,000 rural villages across 25 provinces - apparently to carve a bigger slice of a less-saturated market.

22 Dec 2007 - 12:00am

Smaller players to gain from telecoms revamp

China Unicom and Netcom likely to join forces

China Unicom and China Netcom Group Corp are likely to emerge as winners in the revamp of the telecommunications sector once they join forces to challenge the dominance of their bigger rivals, market analysts say.

18 Dec 2007 - 12:00am

In Brief

China Public Security Technology acquires Bocom Venture

China Public Security Technology, a leading provider of security information solutions and Geographic Information Systems software services, last week acquired Bocom Venture in a deal that could be worth US$18 million.

18 Dec 2007 - 12:00am

China Mobile sets ringing reform tone

The stellar performance of China Mobile's stock this year in Hong Kong has impressed investors. The stock leaped almost 100 per cent, leaving the modest gains of global players such as AT&T and Vodafone look anaemic.

19 Nov 2007 - 12:00am

China Inc gains street cred in global M&As

Mainland firms are gaining some 'street cred' from overseas companies and Wall Street after a string of acquisitions helped transform their reputation as slow and overly cautious into fast-moving and downright unpredictable players in the merger and acquisition scene.

12 Nov 2007 - 12:00am

Netcom eyes opportunities with Europe base

China Netcom Group Corp would open its European headquarters in London today, aiming to capture business opportunities arising from strong demand for telecommunications services by overseas enterprises interested in getting into the mainland, industry sources said.

2 Nov 2007 - 12:00am