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China Mobile profits flat in Q1, revenues up 5.7%
2013-04-22 14:12:00| Telecompaper Headlines
(Telecompaper) China Mobile reported first-quarter revenues up 5.7 percent year-on-year to CNY 134.7 billion. EBITDA rose a slower 0.8 percent to CNY 61.2 billion, and net profit was up just 0.3 percent to CNY 27.9 billion. The operator added a net 16.01 million new customers in the quarter, for a total 726.31 million at the end of March. The 3G base grew by 26.44 million customers to 114.37 million. ARPU fell to CNY 63 per month from CNY 71 in the year-earlier period, amid a rise in customers with multiple Sim cards and a drop in average minutes per customer to 488 per month from 503. The expansion in 3G users helped mobile data traffic grow to a total 103.4 billion MB from 89.7 billion a year ago, and SMS also continued to increase, to 192.7 billion messages versus 182.6 billion a year earlier.
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Category:Telecommunications