||This article needs to be updated. (July 2017)|
China Mobile Communications Corporation is a Chinese state-owned telecommunication company that provides mobile voice and multimedia services through its nationwide mobile telecommunications network. The core subsidiary of the group, China Mobile Limited, is listed on both the NYSE and the Hong Kong Stock Exchange. The subsidiary is the largest mobile telecommunications company by market capitalization today, and it was named as such in March 2011.
|Traded as||SEHK: 0941
|Predecessor||China Telecom (Hong Kong) Limited|
|Founded||September 3, 1997|
|Headquarters||60/F, The Center, Hong Kong, China (registered office)|
|Mainland China, Hong Kong, Pakistan|
|Bing Shang (Chairman)
Li Yue (CEO)
|Revenue||CNY708.42 billion (2016)|
|CNY118.08 billion (2016)|
|CNY108.74 billion (2016)|
|Total assets||CNY1.520 billion (2016)|
Number of employees
|Parent||Government of China|
|Alternative Chinese name|
|Second alternative Chinese name|
|Literal meaning||China Mobile|
A state-owned enterprise directly controlled by the government of the People's Republic of China and also a public company that is listed on the NYSE and the Hong Kong stock exchanges, China Mobile has dominated Chinese mobile services since its inception. As of 2010, China Mobile controls the vast majority of its domestic mobile services market with a 70% market share. China Unicom and China Telecom have 20% and 10% shares, respectively.
The company likely enjoys substantial protectionist benefits from China's government but also experiences frequent government intervention in its business affairs. Government control is maintained through a presumably government-owned holding company, China Mobile Communications Corporation (CMCC), that owns 100 percent ownership of China Mobile (HK) Group Limited, which in turn holds over seventy percent ownership of China Mobile–the remainder being controlled by public investors. Established in 2000, CMCC is China Mobile Ltd's current parent company as of 2011.
Rural subscriber baseEdit
China Mobile has historically held a greater share of the rural market than competitors. By 2006, its network had expanded to provide reception to 97% of the Chinese population, and the company has since seen a sustained stream of new, rural mobile customers.
It also offers services targeted at the rural market including an agricultural information service, which facilitates a variety of activities such as the sale and purchase of agricultural products, access to market prices for produce and crops, wire transfers, bank withdrawals, and payments, etc.
China Mobile operates a GSM network, which encompasses all 31 provinces, autonomous regions, and directly administered municipalities in Mainland China and includes Hong Kong, too. GPRS is utilized for data transmission.
The company controls 70% of the Chinese mobile market but a far smaller percentage of the 3G market. As of May 2012, its nearly 60 million 3G subscribers account for roughly 9% of its total subscriber base, which is an increase from 3% in 2010.
Its 3G network, still under construction in 2010, utilizes the TD-SCDMA standard, which China Mobile helped develop. 3G service is available in all of the 4 direct-controlled municipalities and most of the 283 prefecture-level cities in China as of 2010.
As of 2010, China Mobile has debuted small-scale 4G demonstration networks using a variant of 3GPP's Long Term Evolution, TD-LTE, and has plans for larger, citywide demonstration networks in the future. As of May 2012, such networks are in operation.
While prior iPhone models couldn't use the China Mobile network due to the chipset relying on WCDMA-based networks, talks to carry the then unreleased 4G iPhone (iPhone 5) began in mid-2012. The iPhone 5c and iPhone 5s were sold through China Mobile starting in January 2014.
- Spratly Isles coverage
China Mobile uses other names to differentiate its offerings.
Mobile services are available in Mainland China under several brands as of 2007. As of 2013, the below brands are scheduled to be slowly phased out and replaced by an all-encompassing new brand name—And—whose logo combines an exclamation point, the Chinese character for "peace" (Chinese: 和, Hanyu Pinyin: Hé), as well as the English word "and".
A 3G service brand (likely introduced post-2007)
Peoples is a wholly owned subsidiary of China Mobile (Hong Kong) Limited. It offers GSM, GPRS, EDGE, HSPA+ (MVNO), FD-LTE and TD-LTE technologies to customers in this Special Administrative Region.
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- Copyright World Economic Forum
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- For 2003 service, see Everest goes online for anniversary Mary Hennock, bbc.co.uk, Wednesday, 23 April 2003, 04:23 GMT 05:23 UK
- For 2007 service, see China tests Mt. Everest cell station msnbc.msn.com, 13 November 2007 8:09:24 PM ET
- Ian Mansfield, 18 May 2011, China Mobile Expands Coverage to the Spratly Islands, Cellular News
- "Nokia, China Mobile sign $970 million framework deal" (Press release). Reuters. 10 October 2014.
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- Homepage > Brand & Products > Our Brands CMCC Official Site (Archive.org cache)
- "Peoples: Company Profile (English)". China Mobile Peoples Telephone Co. Ltd. 2008. Archived from the original on 2 August 2008. Retrieved 27 September 2008.
- "Corporate Overview". Retrieved 6 August 2015.
- 2010 FIBA World Championship Team photos, FIBA.com, Retrieved 19 July 2016.