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China Mobile revenues up 6.5%, EBITDA grows 9.1%
2015-10-20 12:04:00| Telecompaper Headlines
(Telecompaper) China Mobile reported an acceleration in customer growth in September, adding 2.761 million new customers for a total 822.906 million. Over 18 million 4G customers were added, taking the total to 247.617 million, while 3G users fell to 195.279 million. The continued customer growth and expansion in 4G data services helped the operator grow revenues for the first nine months of 2015 by 6.5 percent year-on-year to CNY 512.7 billion, and EBITDA increased 9.1 percent to CNY 192.3 billion. The EBITDA margin improved to 37.5 percent from 36.6 in the year-earlier period. Net profit rose 3.4 percent to CNY 85.4 billion. China Mobile reported mobile data traffic up 151 percent in the period, while voice traffic fell 1.2 percent and SMS traffic was down 6.4 percent.. Average minutes per user were down slightly to 434 per month, and ARPU dipped to CNY 61 per month from CNY 62 a year ago. China Mobile noted that its recent introduction of data carryover from 01 October may have an adverse impact on operating revenue and net profit from the fourth quarter.
Tags: china
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Category:Telecommunications