Key Developments: China Mobile Ltd (0941.HK)

0941.HK on Hong Kong Stock

82.00HKD
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Latest Key Developments (Source: Significant Developments)

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

China Mobile Ltd announces management changes
Monday, 24 Aug 2015 07:19am EDT 

China Mobile Ltd:Says Xi Guohua has resigned from his positions as an Executive Director and the Chairman of the Company.Shang Bing has been appointed as the Chairman of CMCC and Mr. Xi Guohua would no longer be the Chairman of CMCC.  Full Article

Alcatel Lucent and China Mobile announce progress towards 5G network
Monday, 13 Jul 2015 03:41am EDT 

Alcatel Lucent SA:Alcatel-Lucent and China Mobile Ltd conduct 'live' field trial of a virtualized radio access network.Trial is considered important step in the path towards 5G network.  Full Article

Alcatel Lucent signs frame agreements with China Mobile and China Unicom
Thursday, 2 Jul 2015 08:03am EDT 

Alcatel Lucent SA:Signed comprehensive frame agreements with China Mobile and China Unicom for transition to cloud-based networks.Agreements are both spanning a year and valued at up to 4.53 billion yuan and 3.59 billion yuan for China Mobile and China Unicom respectively.  Full Article

China Mobile Ltd recommends final dividend
Thursday, 19 Mar 2015 12:09am EDT 

China Mobile Ltd:Recommends payment of final dividend of HK$1.380 per share for financial year ended Dec. 31, 2014.Final dividend will be paid on or about June 30, to those shareholders on register of members on June 10.  Full Article

China Mobile Ltd declares interim dividend
Thursday, 14 Aug 2014 12:06am EDT 

China Mobile Ltd:Declared an interim dividend of HK$1.540 per share.Dividend will be paid on or about Sept. 29 to those shareholders on the register of members on Sept. 11.  Full Article

500.com Ltd enters into strategic partnership with China Mobile Ltd
Thursday, 7 Aug 2014 07:49am EDT 

500.com Ltd:Signed strategic partnership agreement with China Mobile Ltd.To become sole provider of online sports lottery products to China Mobile Points Mall (Points Mall), an online marketplace where China Mobile subscribers can redeem loyalty points.Agreement will provide easy and convenient access for China Mobile's 770 million subscribers to purchase 500.com's online sports lottery products using loyalty points.  Full Article

China Mobile Ltd's subsidiary establishes China Communications
Friday, 11 Jul 2014 05:32am EDT 

China Unicom Hong Kong Ltd:Says through a subsidiary - China United Network Communications Corp Ltd entered into a promoters’ agreement with the subsidiary of China Mobile Ltd and China Telecom Corp Ltd to establish China Communications Facilities Services Corp Ltd.  Full Article

China Mobile Ltd announces subscription of interest in True Corporation Public Company Limited
Monday, 9 Jun 2014 08:00am EDT 

China Mobile Ltd:Says that on June 9, 2014, China Mobile International Holdings Limited (CMI Holdings), a wholly-owned subsidiary of the company, entered into the Share Subscription Agreement with True Corporation Public Company Limited (True Corporation).Says In connection with this Subscription, the company also entered into the Business Cooperation Framework Memorandum of Understanding with True Corporation.True corporation agrees to issue to CMI Holdings and CMI Holdings agrees to subscribe from True Corporation 4,429,427,068 ordinary shares of True Corporation with a par value of Baht 10 per share.The subscription price per CMI Holdings Subscription Share is Baht 6.45 (or HKD1.54), with a total consideration of Baht 28.57 billion (or HKD6.82 billion).Concurrently with the allotment and issuance of the CMI Holdings Subscription Shares, True Corporation will allot and issue 5,648,285,818 new shares by way of rights issue to its existing shareholders as of the relevant book closure date at the price of Baht 6.45 per share.Upon the completion of the Subscription and Rights Issue, the CMI Holdings Subscription Shares would represent 18 pct. of the total issued and outstanding shares of True Corporation.Following the subscription, True Corporation’s existing controlling shareholder, Charoen Pokphand Group Co. Ltd. will remain as the single largest shareholder of True Corporation.  Full Article

China Mobile Ltd selects Alcatel Lucent SA for strategic transformation to all-IP ultra-broadband network
Thursday, 27 Mar 2014 05:30am EDT 

Alcatel Lucent SA and China Mobile:One-year comprehensive frame agreement valued at up to 750 mln Euro.To provide technology that will move mobile service provider to an all-IP ultra-broadband network paving way for future network functions virtualization (NFV) and cloud-based services.  Full Article

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