Company Profile For China Mobile Limited

China Mobile Limited (CHL.N) (New York Stock Exchange)
sector: Telecommunications Services · industry: Wireless Telecommunications Services ·
As of  27 Nov 2009
47.67USD
Price Change
-1.11
Percent Change
-2.28%
 
 
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Overview

China Mobile Limited is engaged in mobile telecommunications services principally using the global system for mobile communications (GSM), standard. Its GSM networks reach all cities and counties, and roads and highways, as well as a substantial part of rural areas, throughout Mainland China and, through the network of Hong Kong Mobile, a substantial part of Hong Kong. On January 7, 2009, the Company started to offer mobile telecommunications services using the time division-synchronous code division multiple access (TD-SCDMA) standard. It operates its third generation (3G) business based on a core mobile telecommunications network that is shared by both its second generation (2G) and 3G businesses and TD-SCDMA wireless network capacity leased from China Mobile Communications Corporation (CMCC). As of May 31, 2009, the Company’s total number of subscribers reached approximately 488.1 million.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, China Mobile Ltd.'s revenues increased 9% to RMB212.91B. Net income increased 1% to RMB55.33B. Revenues reflect higher income from usage fees, an increase in value added services fees and a rise in other operating revenue. Net income was partially offset by increased leased lines expense, higher depreciation charges, a rise in personnel cost and increased other operating expenses.

Company Address

China Mobile Limited
60/F., The Center
99 Queen's Road Central
   

Total Employees

141206

Find Out More About CHL.N

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