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China Mobile Ltd (0941.HK)

0941.HK on Hong Kong Stock

86.40HKD
18 Aug 2017
Change (% chg)

HK$-0.10 (-0.12%)
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Latest Key Developments (Source: Significant Developments)

China Mobile announces renewal of network assets leasing agreement with CMCC
Thursday, 10 Aug 2017 04:42am EDT 

Aug 10 (Reuters) - China Mobile Ltd <0941.HK>:Co and CMCC agreed to renew network assets leasing agreement according to its terms for a term of one year commencing on 1 january 2018.Co and CMCC agreed to renew network capacity leasing agreement according to its terms for a term of one year commencing on 1 jan 2018.Will continue to pay cmcc capacity leasing fees based on actual usage of td-scdma network.As a result of 4g network attaining full coverage, company expects usage of td- scdma network to decrease.Is expected that amount of capacity leasing fees payable by company to cmcc under network capacity leasing agreement will decrease.Pursuant to network capacity leasing agreement, co and its units lease td-scdma network capacity from cmcc and pay leasing fees to cmcc.Amount of capacity leasing fees payable by co to cmcc under network capacity leasing agreement for 2018 is expected not to exceed rmb3,300 million.Assets leasing fees payable by group under network assets leasing agreement for lease of network assets for 2018 expected not to exceed rmb3.5 billion.  Full Article

China Mobile says HY profit attributable to equity shareholders up 3.5 pct
Thursday, 10 Aug 2017 12:06am EDT 

Aug 10 (Reuters) - China Mobile Ltd <0941.HK>::HY profit attributable to equity shareholders was RMB62.7 billion, up by 3.5%.HY operating revenue was RMB388.9 billion, up by 5.0%.Total number of mobile customers was 867 million, representing a net addition of 17.61 million in HY.Payment of an interim dividend of HK$1.623 per share.Broadband ARPU recorded a growth of 4.6% to RMB34.9 in first half of 2017.APRU that included home digital services grew by 9.8% to reach RMB38.0 in HY."This year, we will commence field tests for 5G".Target is to boost penetration of digital set-top box to 45% by end of year.Aim to grow number of 4G customers to in excess of 630 million and volte customers to over 150 million by end of this year.Company will also endeavour to achieve a full-year net profit higher than that of 2016.Company will further expand pace of IOT adoption, with a target to add 100 million smart connections for full year of 2017.Is on track to achieve its target of a net increase of 100 million 4G customers this year..Will further expand pace of iot adoption, with a target to add 100 million smart connections for full year of 2017..Announces special dividend of HK$3.200 per share.  Full Article

Hengtong Optic-Electric wins bid to provide cables from China Mobile
Monday, 31 Jul 2017 07:06am EDT 

July 30 (Reuters) - Hengtong Optic-Electric Co Ltd <600487.SS>:* Says it won a bid to provide cables from China Mobile .  Full Article

Nokia signs ultra-broadband access technology deal with China Mobile
Monday, 12 Jun 2017 03:00am EDT 

June 12 (Reuters) - Nokia Oyj :says Nokia and China Mobile are deploying millions of home gateways to provide residential customers across 29 different provinces in China with access to fiber-based ultra-broadband applications and intelligent home services.Says China Mobile will deploy home gateway units with Nokia's solution to over 30 million users during 2017.  Full Article

China Mobile Ltd says Q1 operating revenue was RMB184.0 billion
Thursday, 20 Apr 2017 06:30am EDT 

April 20 (Reuters) - China Mobile Ltd <0941.HK>::China Mobile-unaudited Key Performance Indicators For The First Quarter Of 2017 <<<0941.HK>>>.Q1 operating revenue was RMB184.0 billion, up by 3.7 pct over same period last year.Q1 profit attributable to equity shareholders was RMB24.8 billion, up by 3.7 pct over same period last year.As at 31 March 2017 wireline broadband business average revenue per user per month 32.6.As at 31 March 2017, total number of wireline broadband customers was 85.68 million, representing a net increase of 8.06 million for Q1.As at 31 March 2017, total number of mobile customers was around 856 million.As at 31 March 2017, ARPU of mobile customers increased by 1.6 pct year-on-year to RMB58.5.  Full Article

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

UPDATE 2-China Mobile's H1 profit climbs, shares jump after special dividend

* Shares of firm jump as much as 5.8 pct after dividend (Recasts, adds share price)