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China Telecom profit up 6%, adds 9 mln mobile subs in H1

2016-08-23 09:40:00| Telecompaper Headlines

(Telecompaper) China Telecom reported operating revenues of CNY 176.8 billion for the six months ended 30 June 2016, which represents an increase of 7.2 percent year-on-year. Service revenues amounted to CNY 155.2 billion, up by 5.6 percent from the first half of 2015. First-half EBITDA reached CNY 50.5 billion, down 0.4 percent year-on-year, while EBITDA margin stood at 32.6 percent at 30 June 2016. Profit reached CNY 11.6 billion, up by 6.3 percent year-on-year. Basic earnings per share were CNY 0.14.

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Nokia secures slice of China Mobile 100G deal

2016-08-17 02:00:00| Total Telecom industry news

New win builds on framework contract signed in June.

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Ericsson and China Mobile in world's first 5G drone test

2016-08-12 16:40:00| Telecompaper Headlines

(Telecompaper) Ericsson said it teamed up with China Mobile to conduct the world's first 5G-enabled drone prototype field trial. At the the trial, held in Wuxi in China's Jiangsu province, a drone controlled by the operator's network flew with handovers between cells across multiple sites. Ericsson said the potential use cases for drones could include support for emergency services and emphasised the importance of reactive networks with end-to-end low latency to ensure the safety and reliability of such functions.

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China Mobile grows H1 sales 7% on strong 4G uptake

2016-08-11 09:08:00| Telecompaper Headlines

(Telecompaper) China Mobile reported improving results in the first half of 2016, growing operating revenue 7.1 percent year-on-year to CNY 370.4 billion. Growth in telecom service revenues improved to 6.9 percent to CNY 325.4 billion, compared to an increase of 4.9 percent in the first quarter of 2016. EBITDA rose 2.9 percent to CNY 134.4 billion, and net profit increased 5.6 percent to CNY 60.6 billion. The company declared an interim dividend of HKD 1.489 per share.

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China Mobile 1H profit up 5.6% on 4G customer growth

2016-08-11 02:00:00| Total Telecom industry news

More than half of the operator's total mobile subscriber base is connected to 4G.

Tags: customer china mobile growth

 

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