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China Mobile's 9-mth profit slips 2%

2013-10-22 00:56:00| Telecompaper Headlines

(Telecompaper) China Mobile saw its nine-month profit fall 1.9 percent to CNY 91.50 billion from CNY 93.31 billion in the same period last year. Operating revenues grew 9.4 percent to CNY 463.01 billion, but EBITDA fell 0.9 percent year-on-year to CNY 185.67 billion. The EBITDA margin slipped to 40.1 percent from 44.3 percent in the year-ago period. The company said that during the period it experienced difficulties and challenges from increasingly complex competition in the ICT sector, greater impact from over-the-top products on the traditional communications services, and more intense horizontal competition due to the continued increase in mobile penetration. China Mobile added 44.89 million new customers in the nine-month period to bring its total customer base to 755.19 million. This includes 169.50 million million 3G customers.

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UK: Mobiles to influence GBP18bn in store sales

2013-10-07 19:06:00| Daily apparel & textile news and comment - from just-style.com

Smartphones are set to influence GBP18bn (US$29bn) in UK store sales this year, with clothing and footwear expected to capture more of that share in the future, new research suggests.

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China licenses iPhone with China Mobile's wireless standard

2013-09-11 02:00:00| Total Telecom industry news

China Mobile could start selling Apple handset in a matter of weeks.

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Huawei, ZTE get most of China Mobile's $3 billion initial 4G contracts: sources

2013-08-23 06:17:34| Telecom - Topix.net

China Mobile Ltd , the world's largest mobile carrier by subscribers, has awarded initial 4G contracts worth around 20 billion yuan , with Chinese telecom gear makers Huawei and ZTE taking more than half, industry sources said.

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Huawei, ZTE get most of China Mobile's $3 billion initial 4G contracts: sources

2013-08-23 06:00:42| Wireless - Topix.net

China Mobile Ltd , the world's largest mobile carrier by subscribers, has awarded initial 4G contracts worth around 20 billion yuan , with Chinese telecom gear makers Huawei and ZTE taking more than half, industry sources said.

Tags: china initial sources billion

 

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