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China Mobile Ltd (0941.HK)

0941.HK on Hong Kong Stock

86.80HKD
28 Mar 2017
Change (% chg)

HK$0.60 (+0.70%)
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HK$86.20
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Latest Key Developments (Source: Significant Developments)

China Mobile says FY net profit rose 0.2 pct
Thursday, 23 Mar 2017 12:07am EDT 

China Mobile Ltd <0941.HK> : FY profit attributable to equity shareholders was RMB108.7 billion, up by 0.2% . Final dividend of HK$1.243 per share was proposed . FY operating revenue was RMB708.4 billion, up by 6.0% . FY total number of mobile customers was 849 million, representing a net addition of 22.66 million . "Company will maintain a stable dividend payout ratio for full financial year of 2017" . Three "tariff reduction" measures expected to result in a decrease of each of operating revenue and operating profit in 2017 .In 2017 China Mobile will strive to maintain revenue growth from telecommunications services above industry average.  Full Article

China Mobile says Dong Xin appointed CFO
Thursday, 23 Mar 2017 12:04am EDT 

China Mobile Ltd <0941.HK> : Xue Taohai has resigned from his positions as an executive director, a vice president and chief financial officer . Stephen Yiu Kin Wah has been appointed as an independent non-executive director .Dong Xin has been appointed as an executive director, a vice president and chief financial officer.  Full Article

China Mobile to cancel all handset domestic long-distance and roaming tariffs
Monday, 6 Mar 2017 08:39am EST 

China Mobile Ltd <0941.HK> : Company will cancel all handset domestic long-distance and roaming tariffs from 1 october 2017 onwards . Will reduce dedicated internet access tariffs for small and medium enterprises, and reduce international long-distance call tariffs ."Expects such measures will have a certain impact on company's operating revenue and net profit".  Full Article

Fittec International entered cooperation with China Mobile Communication Group Terminal
Friday, 4 Nov 2016 07:12am EDT 

Fittec International Group Ltd : voluntary Announcement In Relation To Cooperation With China Mobile . entered into cooperation with china mobile communication group terminal .deal whereby guangzhou canhong supplies telecommunication products to China Mobile.  Full Article

Nokia says won 30 pct of China Mobile's optical network orders 2016-2017
Wednesday, 17 Aug 2016 03:01am EDT 

Nokia Corp :Says awarded over 30 percent share of China Mobile's 2016-2017 new construction of optical network.  Full Article

China Mobile announces renewal of continuing connected transactions<0941.HK>
Thursday, 11 Aug 2016 04:44am EDT 

China Mobile Ltd <0941.HK>: Renewal of continuing connected transactions <0941.HK> . The company and cmcc entered into the 2017-2019 property leasing agreement for a term of three years . Company and cmcc agreed to renew the network capacity leasing agreement according to its terms for a term of one year commencing on 1 January 2017 . Company and cmcc agreed to renew the network assets leasing agreement according to its terms for a term of one year commencing on 1 January 2017 .  Full Article

China Mobile posts 5.6 pct rise in half-year net profit<0941.HK>
Thursday, 11 Aug 2016 12:09am EDT 

China Mobile Ltd <0941.HK>: Announcement of 2016 interim results <0941.HK> . HY profit attributable to equity shareholders was RMB60.6 billion, up by 5.6% . HY operating revenue was RMB370.4 billion, up by 7.1% . Says payment of an interim dividend of HK$1.489 per share . HY total Mobile customers was 837 million, up by 2.4% . In first half of 2016 had over 80 million connections to iot, expect to see this number grow during the rest of the year . Will maintain regular communications with the regulators on the anticipated cancellation of long-distance and roaming tariffs . Will be proactive in meeting public expectation by launching flat rate voice call packages and adjusting tariffs . Says high-end approach with regards to wireline broadband will be maintained . In the first half of 2016, the monthly average net increase of 4G customers was over 19 million .Competition around 4G business, new regulatory policies and our change of business focus will all pose risks to our existing operations.  Full Article

China Mobile updates on lease of telecom towers from China Tower<0941.HK>
Friday, 8 Jul 2016 07:33am EDT 

China Mobile Ltd <0941.HK>: Voluntary disclosure commercial pricing in relation to the lease of telecommunications towers and related assets from China tower corporation limited <0941.HK> . CMC and China Tower finalised the leasing and pricing arrangement in relation to the lease of telecommunications towers and related assets . Respective provincial companies of cmc and China tower will enter into provincial company service agreements . Company expects to benefit from China tower's future earnings and value enhancement in the long run" .  Full Article

China Mobile says Lo Ka Shui resigned as an independent non- executive director<0941.HK>
Thursday, 26 May 2016 08:55am EDT 

China Mobile Ltd <0941.HK>: Announcement resignation of independent non-executive director and adjustment to the composition of nomination committee and remuneration committee <0941.HK> . Lo Ka Shui has resigned from his positions as an independent non- executive director . Says Moses Cheng Mo Chi, an ined of the company, has been appointed as the Chairman and a member of the remuneration committee . Paul Chow Man Yiu has been appointed as the chairman and a member of the nomination committee as well as a member of the remuneration committee . Says Lo Ka Shui resigned as the chairman and a member of the nomination committee .  Full Article

China Mobile Ltd says unit, China Unicom and China Telecom entered transaction agreement
Wednesday, 14 Oct 2015 07:46am EDT 

China Mobile Ltd:Says CMC, China unicom, China telecom, China Reform Corporation and China tower entered into the transaction agreement.Says pursuant to agreement, CMC, China unicom and China Telecom shall sell telecommunications towers and related assets to China Tower.Consideration payable by China tower to cmc shall be partly settled by issuance of consideration shares by China tower and partly in cash.Says China tower shall issue to cmc a maximum of 51.1 bln shares at a par value of 1 yuan per share.Expects that China tower shall pay the first instalment to cmc being 5 billion yuan within thirty days after it obtained subscription proceeds.  Full Article

More From Around the Web

UPDATE 2-China Mobile's net profit holds up, raises dividend payout

* Capex in 2017 to fall to 176 bln yuan from 187.3 bln in 2016 (Adds capital spending plan, analyst's comment on dividend, appointment of new CFO)