Key Developments: China Mobile Ltd (0941.HK)

0941.HK on Hong Kong Stock

96.40HKD
19 Sep 2014
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HK$1.70 (+1.80%)
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Latest Key Developments (Source: Significant Developments)

China Mobile Ltd Announces Appointment Of Auditors
Thursday, 30 May 2013 09:19am EDT 

China Mobile Ltd announced that the appointment of PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian CPAs Limited Company (to be renamed as PricewaterhouseCoopers Zhong Tian LLP) as the auditors of the Company for Hong Kong financial reporting and U.S. financial reporting purposes, respectively  Full Article

Far EasTone Telecommunications Co Ltd Signs Business Cooperation Framework Agreement with China Mobile Ltd
Thursday, 18 Apr 2013 05:06am EDT 

Far EasTone Telecommunications Co Ltd announced that it has signed a business cooperation framework agreement with China Mobile Ltd on April 18, 2013, to continue their cooperation on the communication and development of new business, new products and new contents of telecommunication industry.  Full Article

Myanmar Names China Mobile Ltd And Other Bidders In Race For Two Mobile Licences-Reuters
Thursday, 11 Apr 2013 09:07am EDT 

Reuters reported that Myanmar has announced the names of 12 international consortia that have pre-qualified to bid for two mobile licences, moving closer to opening one of the last major untapped mobile markets. The companies include Bharti Airtel Ltd, China Mobile Ltd, KDDI CORP, MTN Group Ltd, Singapore Telecommunications Ltd, Telenor ASA and Digicel, a group backed by billionaire George Soros. The pre-qualified applicants will be required to submit their applications to the committee by June 3, 2013. The committee expects to announce the names of two winners to receive 15-year telecommunications licences by June 27, it said. China Mobile has teamed up with Vodafone Group Plc, while France Telecom SA is working with Marubeni Corporation, and Africa's MTN with M1 Telecom and Amara Communications. SingTel has joined with Myanmar Telephone Co Ltd and KBZ, while KDDI has teamed up with Japan's SUMITOMO CORP and Myanmar Information and Communication Technology Development Corp. Other pre-qualifiers are Axiata Group Bhd, Millicom International Cellular SA, Qatar Telecom QSC and Viettel Group. The bidding has attracted wide interest from international telecoms firms, which see huge opportunities in a country of 60 million where mobile penetration is just 5%-10%, compared with rates of over 100% in many developed markets.  Full Article

China Mobile Ltd Recommends Final Dividend
Wednesday, 27 Mar 2013 04:31am EDT 

China Mobile Ltd announced that its Board of Directors has recommended a final dividend of HKD1.778 per share for the year ended December 31, 2012 and, if such dividend is declared by the members passing resolution number 2, it is expected to be paid on or about June 26, 2013 to those shareholders whose names appear on the Company’s register of members on June 10, 2013.  Full Article

China Mobile Ltd Announces Proposed Change Of Auditor
Thursday, 14 Mar 2013 12:15am EDT 

China Mobile Ltd announced that in view of the SASAC Auditor Requirements, the Company has reached a mutual understanding with KPMG on the non-renewal of the appointment of KPMG, the transitional arrangements and other related matters, and agreed that after KPMG has completed the audit work in respect of the Company for the financial year ended December 31, 2012 (the FY 2012), the Company will not re-appoint KPMG as its auditor for the financial year ending December 31, 2013 (FY 2013). As recommended by the Audit Committee of the Company, the board of directors of the Company (the Board) has resolved to put forward an ordinary resolution at the 2013 annual general meeting of the Company (2013 AGM) to appoint PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian CPAs Limited Company (to be renamed as PricewaterhouseCoopers Zhong Tian LLP) as the auditors of the Company for FY 2013 for Hong Kong financial reporting and U.S. financial reporting purposes, respectively.  Full Article

China Mobile Ltd Recommends Final Dividend
Thursday, 14 Mar 2013 12:11am EDT 

China Mobile Ltd announced that the Board recommends payment of a final dividend of HKD1.778 per share for the financial year ended December 31, 2012 in accordance with the dividend payout ratio of 43% planned for the full financial year of 2012. This, together with the interim dividend of HKD1.633 per share that was paid in 2012, amounts to an aggregate dividend payment of HKD3.411 per share for the full financial year of 2012. Subject to the approval by shareholders at the 2013 AGM, the 2012 final dividend will be paid on or about June 26, 2013 to those shareholders on the register of members on June 10, 2013 (the Record Date).  Full Article

Alcatel Lucent SA and China Mobile Ltd Launch lightRadio Metro Radio
Sunday, 24 Feb 2013 07:00pm EST 

Alcatel Lucent SA announced that lightRadio Metro Radio – co-developed by Alcatel Lucent SA and China Mobile Ltd - will be launched on February 26, 2013 at the Global TD-LTE Initiative’s (GTI) “TDD Night” during Mobile World Congress 2013 in Barcelona. Alcatel Lucent SA and China Mobile Ltd signed a co-creation agreement in January 2012 to conduct joint development and test activities on a series of lightRadio TD-LTE projects to speed the deployment of LTE in China. lightRadio Metro Radio houses two lightRadio cubes, fully integrated with a directional antennae.  Full Article

France Telecom SA (Orange) and China Mobile Ltd to Cooperate on the Adoption of Interoperable, SIM-Based NFC Standards
Sunday, 16 Dec 2012 07:00pm EST 

France Telecom SA (Orange) announced that it has signed a memorandum of understanding (MoU) with China Mobile Ltd that aims to accelerate the commercialization of mobile contactless services by integrating standardized technical protocols based on the SIM card into their respective services. The two companies have agreed to work together on these themes with a view to ensuring the adoption of SIM,based NFC services and the availability of compatible devices; the interoperability of such services, and the development of standardized solutions that will provide consistency across ecosystems, regardless of the mobile network operator or third party involved in providing the service, and regardless of the device used.  Full Article

Nokia Oyj To Launch New Lumia Phone With China Mobile Limited-Reuters
Wednesday, 5 Dec 2012 02:17am EST 

Reuters reported that Nokia Oyj will launch a version of its Lumia smartphone tailored for Chinese market. China's operator China Mobile Limited will start selling Lumia 920T, the first device to be based on Microsoft's new Windows Phone 8 platform in China's 3G network.  Full Article

Photo

The BlackRock China equities playbook: investing in reform

TIANJIN China - The restructuring of China's state-owned enterprises and the liberalization of its financial markets now provide key opportunities for investment that rarely existed before, BlackRock Inc's head of China equities told Reuters.

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