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China Mobile cancels plan to sell shares

Business | Information industry
2009-3-23

CHINA Mobile Ltd canceled plans to sell shares to domestic investors because of the poor market environment, Sina.com reported, citing Chairman Wang Jianzhou, who attended the China Development Forum 2009 in Beijing...

Telco plans to raise subsidies for 3G users

Business | Information industry
2009-2-2

CHINA Mobile Ltd, the world's largest wireless phone company by users, plans to increase handset subsidies this year by as much as 25 percent to attract more customers for its high-speed services. The company...

3G permit

Business | Information industry
2009-1-7

CHINA Mobile Ltd will receive a license to operate third-generation wireless services from the Chinese government today, Sina.com reported yesterday, citing people it didn't identify. It's unclear when other...

Network lease

Business | Information industry
2008-12-30

CHINA Mobile Ltd, the world's biggest phone company by market value, said it will pay its parent about 1 billion yuan (US$145 million) to lease a network for high-speed mobile services next year. The agreement was...

Telco disappoints with Q3 earnings

Business | Information industry
2008-10-21

CHINA Mobile Ltd, the world's biggest phone company by users, increased third-quarter profit less than analysts estimated. Net income rose 26 percent to 27.8 billion yuan (US$4 billion) from 22 billion yuan a...

China Mobile plummets 6.3% to one-year low

Business | Information industry
2008-8-29

CHINA Mobile Ltd, the world's biggest phone company by market value, yesterday fell to a one-year low in Hong Kong trading after JPMorgan Chase & Co and DBS Vickers Ltd cut their investment ratings on the stock. ...

Price cuts attract handset users

Business | Information industry
2008-8-28

CHINA Mobile Ltd, the world's biggest phone company by users, increased second-quarter profit by 51 percent, more than analysts' estimates, after price cuts helped attract subscribers. Net income jumped to 30.8...

Telco denies report of no sign-up

Business | Information industry
2008-6-28

CHINA Mobile Ltd, the world's biggest wireless-phone company by users, denied a report it will suspend signing up users during the Olympic Games in August. "The report is not true," spokeswoman Rainie Lei said...

China Mobile falls on merger plan for sector

Business | Information industry
2008-5-27

CHINA Mobile Ltd, the world's largest phone company by users, lost more than US$26 billion in market value in Hong Kong trading yesterday after the government said it will merge smaller operators to increase competition. ...

China Mobile takes a hit in HK

Business | Information industry
2008-5-21

CHINA Mobile Ltd, the world's biggest telephone carrier by users, fell the most in more than a month in Hong Kong trading yesterday, leading a decline in phone stocks, after it added the fewest subscribers in three...