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China Mobile 9-month profit grows 4.6% as data traffic doubles

2017-10-20 14:25:00| Telecompaper Headlines

(Telecompaper) China Mobile saw its operating revenue reach CNY 569.5 billion for the first nine months of 2017, which represents an increase of 4.9 percent year-on-year. Revenue from telecommunications services amounted to CNY 515.3 billion, up 7.1 percent compared to the year-earlier period. EBITDA stood at CNY 211.3 billion, up 5.5 percent year-on-year, while profit rose 4.6 percent to CNY 92.1 billion for the 9-month period.

Tags: data china mobile traffic

China Mobile eyes Brazil entry with Oi buy

2017-09-25 02:00:00| Total Telecom industry news

China Mobile is keen to buy beleaguered Brazilian telecoms operator Oi and has held talks with regulator Anatel on the subject, according to a local media report. The Chinese operator has met with officials from Anatel to explore its options for investing in Brazil, including taking over Oi, which is currently operating under bankruptcy protection…read more on TotalTele.com »

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China Mobile pays dividends as 1H revenue grows 5%

2017-08-10 02:00:00| Total Telecom industry news

China Mobile on Thursday announced it will pay a special dividend as well as an interim dividend as it reported 5% growth in revenue for the first six months of 2017. Shareholders will receive a one-off payout of HK$3.20 (€0.35) per share on top of an interim payout of HK$1…read more on TotalTele.com »

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China Mobile adds over 17 mln mobile customers in 9 months

2016-10-20 13:32:00| Telecompaper Headlines

(Telecompaper) China Mobile Group reported "favourable development" in its mobile business for the first three quarters of 2016. Growth was mainly boosted by the group's efforts to consolidate its 4G position and accelerate the migration of customers to 4G networks, the company said. China Mobile ended September with a total mobile customer base of 844 million, representing a net increase of 17.42 million for the first three quarters. Mobile ARPU rose 1.7 percent year-on-year to CNY 60.

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