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Covid-19 takes its toll on China Mobile, but 5G subs boom to nearly 32m
2020-04-21 02:00:00| Total Telecom industry news
China Mobile’s latest earnings report is not quite the rosy reading we have become accustomed to from the Chinese giant, with the coronavirus pandemic being felt across most of the operator’s headline metrics. Operating revenue fell 2%, net profit for Q1 2020 slipped 0.8% year-on…read more on TotalTele.com »
5G coming to Mount Everest courtesy of China Mobile and Huawei
2020-04-21 02:00:00| Total Telecom industry news
Mount Everest, known as Mount Qomolangma in China, has fascinated man for centuries. As the world’s highest point, reaching the summit presents an incredibly difficult and dangerous task to even the most experienced of mountaineers. However, it seems even the threat of an icy demise cannot stop China Mobile and Huawei from flexing their 5G muscles…read more on TotalTele.com »
Tags: china
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LNG Tanker to Discharge First US Cargo in China in 13 Months
2020-04-20 15:31:27| OGI
LNG was loaded at Freeport LNG in Texas.
US Says China Should Stop Bullying Behavior in South China Sea
2020-04-20 15:19:58| OGI
Three regional security sources told Reuters on April 17 that a Chinese government survey ship was tagging an exploration vessel operated by Malaysias state oil company Petronas in those waters.
China Mobile Q1 customer numbers, revenues, profit fall amid virus pandemic
2020-04-20 14:18:00| Telecompaper Headlines
(Telecompaper) Preliminary operating revenues for the quarter fell 2 percent from the year before to CNY 181.3 billion, impacted by measures taken during the coronavirus (covid-19) pandemic and despite service revenue rising 1.8 percent to CNY 168.9 billion. Revenue from the sale of products and others was down 34.9 percent to CNY 12.4 billion, mainly due to lower handset and IoT device sales amid the virus hit. Meanwhile, EBITDA slipped 5.8 percent to CNY 68.5 billion while the profit attributable to shareholders dipped 0.8 percent lower to RMB 23.5 billion.
Tags: customer
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