China Mobile Ltd (0941.HK)
18 May 2018
HONG KONG (Reuters Breakingviews) - China Tower could have communication issues with investors. The world’s biggest mobile-mast company has filed a prospectus for a Hong Kong float, which Reuters says could raise $10 billion. China’s big three telecoms operators are both key customers as well as shareholders. New backers will need to be convinced the trio won’t squeeze the company too hard as they try to keep their own costs down.
HONG KONG China Tower, the world's biggest operator of mobile phone towers, has applied to list its shares in Hong Kong in what could become the city's second $10 billion (7.3 billion pounds) offering this year.
HONG KONG China Tower, the world's biggest operator of mobile phone towers, has applied to list its shares in Hong Kong in what could become the city's second $10 billion offering this year.
* China Tower operated 1.9 million sites as of end 2017 (Adds details from IPO prospectus, company background)
HONG KONG (Reuters Breakingviews) - Chinese telecom operators can ring home with good news. U.S. probes into equipment makers ZTE and Huawei might prompt Beijing to delay or scale back a rollout of next generation wireless technology, known as 5G. That would be a relief to the $200 billion China Mobile and peers that will foot the bill for the big buildout. It’s a rare reason for investors in these state giants to cheer.
HONG KONG China Mobile Ltd , the world's largest telecom carrier, on Friday said profit for the first three months of the year rose 4.1 percent, driven by its strong mobile business.
HONG KONG, April 20 China Mobile Ltd, the world's largest telecom carrier, on Friday said profit for the first three months of the year rose 4.1 percent, driven by its strong mobile business.
* AS AT 31 MARCH 2018, TOTAL NUMBER OF MOBILE CUSTOMERS WAS AROUND 899 MILLION
* NOKIA : NOKIA, RANKED #1 IN CHINA MOBILE CENTRAL BID, WILL PROVIDE TRANSPORT NETWORK TO SUPPORT DATA CENTER INTERCONNECT AND FUTURE 5G SERVICES Source text for Eikon: Further company coverage: (Helsinki Newsroom)
BRIEF-China Mobile Says Parent Co Obtained Operating Permit For LTE/4G Digital Cellular Mobile Service
* CHINA MOBILE COMMUNICATIONS GROUP OBTAINED OPERATING PERMIT FOR LTE/4G DIGITAL CELLULAR MOBILE SERVICE (LTE FDD) Source text for Eikon: Further company coverage: