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China Mobile Ltd (0941.HK)

0941.HK on Hong Kong Stock

26 May 2017
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HK$-0.70 (-0.81%)
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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

More From Around the Web

Fitch Affirms China Mobile at 'A+', Stable Outlook

(The following statement was released by the rating agency) HONG KONG, May 25 (Fitch) Fitch Ratings has affirmed China Mobile Limited's (CML) Long-Term Foreign-Currency and Local-Currency Issuer Default Ratings (IDRs) at 'A+'. The Outlook is Stable. KEY RATING DRIVERS Dominant Mobile Market Position: The ratings reflect Fitch's expectations that CML would be able to maintain its dominant position in China's mobile market over the medium term due to its significant economies of scale, robust fina