Profile: China Mobile Ltd (CHL)

CHL on New York Consolidated

60.94USD
22 Aug 2014
Price Change (% chg)

$0.46 (+0.76%)
Prev Close
$60.48
Open
$61.05
Day's High
$61.21
Day's Low
$60.81
Volume
747,863
Avg. Vol
924,918
52-wk High
$62.26
52-wk Low
$41.35

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China Mobile Limited, incorporated on September 3, 1997, provides a range of mobile telecommunications services in 31 provinces, autonomous regions and directly-administered municipalities in the People’s Republic of China, as well as in the Hong Kong Special Administrative Region of the People’s Republic of China. As of March 31, 2011, its total number of customers was approximately 600.8 million. As of March 31, 2011, China Mobile Communications Corporation (CMCC) owned 74.2% equity interest in the Company. It offers mobile telecommunications services using the Global System for Mobile Communications (GSM). It provides its customers with Internet access through, wireless local area networks (WLAN). As of December 31, 2010, it had 56,500 WLAN hotspots at such locations as airports, hotels, conference centers, schools and exhibition centers in the People’s Republic of China. Its businesses consist of voice business and value-added business. In March 2011, the Company, through its wholly owned subsidiary, China Mobile Communication Co., Ltd. (CMC), acquired from CMCC, ZTE, Eastern Communications Co., Ltd., Beijing Digital China Limited, Ningbo Bird Co., Ltd. and Shenzhen Huawei Investment & Holding Co., Ltd.

The tariffs payable by the Company’s customers include usage charges, monthly fees (if applicable) and service fees for voice value-added services and data services. It offers customers a range of tariff packages, which have varied monthly charges, minimum charges for basic usage, charges for usage exceeding the covered basic usage, fixed charges for selected features and functions, as well as charges for voice value-added services. It also offers different tariff packages with respect to short message services (SMS), Mobile Internet Access and other data businesses. It provides roaming services to its customers, which allow them to access mobile telecommunications services while they are physically outside of their registered service area or in the coverage areas of other mobile telecommunications networks in other countries and regions, with which it has roaming arrangements. As of December 31, 2010, its GSM global roaming services covered 237 countries and regions, while its general packet radio service (GPRS), global roaming services coverage was extended to 186 countries and regions.

Voice Business

The Company’s voice business focuses on enabling its customers make and receive calls with a mobile phone at any point within the coverage area of its mobile telecommunications networks. The services include local calls, domestic long distance calls, international long distance calls, domestic roaming and international roaming.

Value-Added Business

The Company’s value-added business includes voice value-added services, SMS, mobile Internet access business and other data businesses. Its voice value-added services include caller identity display, caller restrictions, call waiting, call forwarding, call holding, voice mail, conference calls and other services. Its SMS mainly includes customer-to-customer messages, corporate SMS, Monternet-based short messages and others. Its mobile Internet access business is a service provided by it to its customers, which enables wireless access to the Internet through mobile phones and data cards. Its other data businesses include Wireless Music (including Color Ring), multimedia messaging service (including Mobile Paper), or MMS, Fetion, 12580 Integrated Information Service Line, Mobile Reading, Mobile Gaming, 139 Mailbox, 139 Community, Mobile Video, Mobile Payment/Wallet, Mobile TV, Mobile Market and Internet Data Center (IDC). It also expanded its mobile to mobile (M2M) and Mobile e-Commerce businesses in different areas involving its corporate customers. As of December 31, 2010, the total number of its corporate accounts reached 2.93 million.

As of December 31, 2010, the number of registered customers of Mobile Paper was approximately 72.8 million, including 41.5 million paying customers who subscribed to Mobile Paper through the Company's central platform for information broadcasted nationwide.During 2010, the Company recorded 213 million times of music downloads. During 2010, its SMS usage reached 711 billion messages. Fetion enables mobile customers to communicate through means, including SMS, for chatting, dating or interactive entertainment. During 2010, the number of active customers of Fetion reached 78.4 million.

The Company’s other value-added businesses, including 12580 Integrated Information Service Line, Mobile Reading, Mobile Gaming, 139 Mailbox, 139 Community, Mobile Video, Mobile Payment/Wallet and Mobile TV. As of December 31, 2010, the cumulative number of software developers for its Mobile Market reached 1.10 million. During 2010, with the total number of its M2M terminals exceeding 6.9 million.

The Company competes with China Telecommunications Corporation and China United Network Communications Group Company Limited.

Company Address

China Mobile Ltd

60F, The Center
99 Queen's Road Central, Centr
   
P: +85231.218888
F: +8522.5119092

Name Compensation

Guohua Xi

2,274,000

Yue Li

2,109,000

Taohai Xue

1,917,000

Wenlin Huang

1,917,000

Aili Liu

1,916,000
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