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China Mobile Ltd (CHL)

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Fri, Nov 4 2016

China Mobile reports 3.1 pct rise in 9-month net profit

HONG KONG, Oct 20 China Mobile Ltd, the country's largest telecom service provider, reported a 3.1 percent rise in nine-month net profit on Thursday helped by a growing subscriber base.

BRIEF-China Mobile says nine month operating revenue was rmb542.7 bln, up by 4.3%

* 9-Month operating revenue was rmb542.7 billion, up by 4.3% over same period last year

Fitch: Mixed-Ownership Pilot May Derail Chinese Telcos' Mega-Merger

(The following statement was released by the rating agency) HONG KONG, October 12 (Fitch) Fitch Ratings says that the potential mixed-ownership reform pilot for China Unicom (Hong Kong) Limited (CUHKL) is unlikely to harm the market positions and credit profiles of China Mobile Limited (CML, A+/Stable) and China Telecom Corporation Limited (CTCL, A+/Stable). However, the reform could delay or derail any merger between CTCL and CUHKL, the second- and third-largest Chinese telecommunications

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