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 Tracking 1050 U.S. listed China Stocks and Counting...
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 China Mobile (NYSE:CHL)

Wednesday, September 14, 2011
Joint Venture
HONG KONG and BELLEVUE, Wash., Sept. 15, 2011 /PRNewswire-Asia/ -- China Mobile (NYSE: CHL, HKEx: 0941), the world's largest mobile operator in terms of subscribers, and Clearwire Corporation (NASDAQ: CLWR), a leading provider of 4G wireless broadband services in the United States, today announced a collaboration to accelerate the development of TD-LTE devices. Specifically, the two companies agreed to work together to cultivate a robust device ecosystem that supports multi-mode, multi-band devices with minimum component complexity and cost.

Thursday, August 18, 2011
Comments & Business Outlook

HONG KONG, Aug. 18, 2011 /PRNewswire-Asia/ --

  • Turnover reached RMB250.1 billion, up by 8.8%
  • EBITDA of RMB124.2 billion, up by 6.5%
  • EBITDA margin of 49.6%
  • Profit attributable to shareholders of RMB61.3 billion, up by 6.3%
  • Total customer number and net additions were over 610 million and almost 32.77 million, respectively
  • Payment of an interim dividend of HK$1.580 per share. The Company's planned dividend payout ratio for the full year of 2011 is 43%

China Mobile Limited (referred to below as the "Company", and together with its subsidiaries, the "Group") (HKEx: 941) (NYSE: CHL) announced its 2011 interim results today.

The Group made positive strides in the first six months of 2011, against the backdrop of China's steady and fast economic growth. At the same time, we faced intensified market competition and impact on the traditional telecommunications industry from the convergence of industries. The Group responded by adhering to its principles of sustainable development, rational competition and innovation, and fully leveraged its core strengths, including the world's largest scale mobile network and customer base, good network quality and premium customer service. Implementing that strategy, the Group continued to expand the share of "Daily Life Services" for individual customers and the share of "Information Services" for companies and industries in the reporting period. Overall, the Group achieved sustained healthy growth and maintained its leading position in the industry, underpinned by its continuously improved revenue structure.


Saturday, July 2, 2011
Liquidity Requirements
Our principal source of liquidity is cash generated from our operations. We have generally funded our capital requirements primarily with cash generated from operations. We believe our available cash and cash generated from future operations will be sufficient to fund the capital expenditures and working capital necessary for the planned network expansion and continued growth of our mobile telecommunications operations through the end of 2011. We may seek to obtain additional sources of financing to fund our network expansion and possible future acquisitions, to the extent necessary.

Wednesday, March 16, 2011
Comments & Business Outlook

Full Year 2010 Highlights:

  • Operating revenue reached RMB485.2 billion, up 7.3%
  • EBITDA of RMB239.4 billion, up 4.5%
  • Profit attributable to shareholders of RMB119.6 billion, up 3.9%
  • Total customers reached 584 million, up 11.8%
  • Proposed final dividend of HK$1.597 per share, together with an interim dividend of HK$1.417 per share already paid, total dividend for 2010 amounting to HK$3.014 per share, representing a dividend payout ratio of 43%

The Board is of the view that the Company's good profitability and strong cash flow generating capability will continue to support the future sustainable development of the Company, while providing shareholders with a favorable return.