China Mobile Ltd (CHL)
23 Apr 2014
|Market Cap (Mil.):||$187,313.80|
|Shares Outstanding (Mil.):||4,042.75|
BEIJING, April 23 - Hong Kong stocks fell 1 percent on Wednesday, hurt by a sell-off in telecoms shares after the mainland's biggest carrier China Mobile posted its third straight quarterly decline in profits.
BEIJING, April 23 - Hong Kong shares eased on Wednesday, hurt by a sell-off in telecoms shares after the mainland's biggest carrier China Mobile posted its third straight quarterly decline in profits.
BEIJING - China Mobile Ltd booked its lowest quarterly profit in five years as the world's biggest mobile carrier by subscribers struggled to compete with mobile Internet applications offering services such as messaging.
* Q1 net profit 25.24 bln yuan, third consecutive decline
BEIJING, April 22 - China Mobile Ltd on Tuesday said net profit in the first quarter fell 9.5 percent to its lowest level in five years, as online messaging and call services such as Tencent Holdings Ltd's WeChat ate into profit.
(The following statement was released by the rating agency) HONG KONG/SEOUL/SYDNEY, April 07 (Fitch) Fitch Ratings has affirmed China Mobile Limited's (CML) Long-Term Foreign-Currency and Local-Currency Issuer Default Rating (IDR) at 'A+' with Stable Outlook. KEY RATING DRIVERS Dominant Mobile Market Position: The ratings reflect CML's leading position in China's mobile market and strong financial position. Fitch expects CML to maintain its dominant position over the medium term due to econo
March 24 - Hubei Kaile Science and Technology Co Ltd
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BEIJING/HONG KONG - China Mobile Ltd, the world's largest mobile carrier by subscribers, will spend more this year to bolster its 4G mobile network to counter its first annual profit drop in 14 years.
* Analysts had forecast 17 million iPhone sales in first year
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