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China Mobile revenues up 6.5%, EBITDA grows 9.1%

2015-10-20 12:04:00| Telecompaper Headlines

(Telecompaper) China Mobile reported an acceleration in customer growth in September, adding 2.761 million new customers for a total 822.906 million. Over 18 million 4G customers were added, taking the total to 247.617 million, while 3G users fell to 195.279 million. The continued customer growth and expansion in 4G data services helped the operator grow revenues for the first nine months of 2015 by 6.5 percent year-on-year to CNY 512.7 billion, and EBITDA increased 9.1 percent to CNY 192.3 billion. The EBITDA margin improved to 37.5 percent from 36.6 in the year-earlier period. Net profit rose 3.4 percent to CNY 85.4 billion. China Mobile reported mobile data traffic up 151 percent in the period, while voice traffic fell 1.2 percent and SMS traffic was down 6.4 percent.. Average minutes per user were down slightly to 434 per month, and ARPU dipped to CNY 61 per month from CNY 62 a year ago. China Mobile noted that its recent introduction of data carryover from 01 October may have an adverse impact on operating revenue and net profit from the fourth quarter.

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Orange launches mobile payments across France

2015-10-20 02:00:00| Total Telecom industry news

French mobile operator extending Orange Cash service it launched last year in partnership with Visa.

Tags: france mobile orange payments

 
 

China Tower's Asset Move Is Great For China Mobile, China Unicom And China Telecom

2015-10-19 20:43:21| Telecom - Topix.net

The three largest Chinese wireless companies all collectively own telecom towers that are essential for 4G deployment. Last week news broke that an entity called China Tower will take possession, manage and aid in the development of China's mobile industry.

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Mobile Threat Monday: Adware Sneaks on to Google Play in New Ways

2015-10-19 20:02:06| PC Magazine Security Product Guide

A report from WeLiveSecurity shows several fake apps thwarting Google's Bouncer security protocols.

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TeliaSonera Said to Revive Sale of Spanish Mobile Unit Yoigo

2015-10-19 19:41:16| Appliances - Topix.net

Teliasonera AB is reviving plans to sell its Spanish mobile-phone unit Yoigo SA after receiving interest from local telecommunications provider A sale of Yoigo could fetch about 500 million euros , the people said, asking not to be identified because the discussions are private. One or more buyout firms may bid alone, or by teaming up with Masmovil, the people said.

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