China Mobile Ltd
Company Profile
Business description
China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (1 billion) but also the largest in the world. It has 60% of the total wireless market in China and 50% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 3G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.
Contact
99 Queen’s Road Central
60th Floor, The Center
Hong Kong
HKGT: +852 31218888
Sector
Communication Services
Stock type
Sensitive
Industry
Telecom Services
Fiscal Year End
31 December 2024
Employees
450,000
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
---|---|---|---|
All Ordinaries | 8,316.70 | 98.30 | -1.17% |
CAC 40 | 7,274.48 | 19.89 | -0.27% |
DAX 40 | 19,884.75 | 85.11 | -0.43% |
Dow JONES (US) | 42,840.26 | 498.02 | 1.18% |
FTSE 100 | 8,084.61 | 20.71 | -0.26% |
HKSE | 19,720.70 | 31.81 | -0.16% |
NASDAQ | 19,572.60 | 199.83 | 1.03% |
Nikkei 225 | 38,701.90 | 111.68 | -0.29% |
NZX 50 Index | 12,878.58 | 25.53 | -0.20% |
S&P 500 | 5,930.85 | 63.77 | 1.09% |
S&P/ASX 200 | 8,067.00 | 101.20 | -1.24% |
SSE Composite Index | 3,368.07 | 1.96 | -0.06% |