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China Mobile Ltd (CHL)

CHL on New York Consolidated

54.10USD
24 Jul 2017
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$-0.06 (-0.11%)
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Latest Key Developments (Source: Significant Developments)

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

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

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Chinese telecom firm ZTE to double 5G research spending

HONG KONG Chinese telecom equipment maker ZTE Corp will double its research spending on fifth-generation mobile network (5G) from this year, the company said, as China steps up the push to build the world's largest 5G network.