|Type||Public; State-owned enterprise|
|Predecessor||China Telecom (Hong Kong) Limited|
|Founded||3 September 1997|
60th Floor, The Center, 99 Queen’s Road Central,
|Yang Jie (Chairman) |
Li Yue (CEO)
|Revenue||CNY746 billion (2019)|
|CNY107 billion (2019)|
|Total assets||CNY1629 billion (2019)|
|Total equity||CNY1104 billion (2019)|
|Owner||Government of China (72.72%):65|
Number of employees
|Parent||China Mobile Communications Group|
|Footnotes / references|
Source of the financial figures: the consolidated financial statements
|China Mobile Limited|
|China Mobile Communications Group Co., Ltd.|
|Second alternative Chinese name|
|Literal meaning||China Mobile|
China Mobile is the trade name of both China Mobile Limited (Chinese: 中国移动有限公司; pinyin: Zhōngguó Yídòng Yǒu Xiàn Gōngsī) and its ultimate controlling shareholder, China Mobile Communications Group Co., Ltd. (Chinese: 中国移动通信集团有限公司; pinyin: Zhōngguó Yídòng Tōngxìn Jítuán Gōngsī, formerly known as China Mobile Communications Corporation, "CMCC"), a Chinese state-owned company. China Mobile Limited provides mobile voice and multimedia services through its nationwide mobile telecommunications network across mainland China and Hong Kong.
China Mobile Limited is listed on the Hong Kong Stock Exchange. It is the largest mobile telecommunications corporation by market capitalisation, and also the world's largest mobile network operator by total number of subscribers, with over 946.73 million[failed verification] active subscribers as of June 2020[update].
A state-owned enterprise directly controlled by the government of the People's Republic of China and also a public company which is listed on the NYSE and the Hong Kong stock exchanges, China Mobile has dominated Chinese mobile services since its inception for civilian and military purposes. According to the United States Department of Defense, the company has links to the People's Liberation Army. As of 2010[update], 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.
Incorporated in 1997 as China Telecom (Hong Kong) Limited, China Mobile was born from the 1999 break-up of China Telecommunications Corporation. This company continues to provide mobile services, however.
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 Group Co., Ltd. (formerly: 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 2019[update].
Rural subscriber base
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.
Marketed as "G3", the company controls 70% of the Chinese mobile market but a far smaller percentage of the 3G market. As of May 2012[update], 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[update].
Marketed as "and和", 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[update], 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[update], 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" (和; Hé), as well as the English word "and".
(Chinese: 动感地带; pinyin: Dònggǎndìdài Rough translation: "Dynamic Area"): a premium prepaid service popular with youths
A 3G service brand (likely introduced post-2007)
A 4G/LTE service brand.
- Zong is China Mobile's brand in Pakistan and is operated by China Mobile Pakistan (CMPak), a subsidiary. It offers GSM, GPRS, EDGE, HSPA+, FDD-LTE
In December 2017, China Mobile launched a MVNO service in the UK called CMLink. CMLink is aimed at the Chinese population living in the UK and Chinese visitors and students. Plans include free calls to China Mobile phones in China.
US stock market delisting
In November 2020, President Donald Trump issued an executive order prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included China Mobile. On 31 December 2020, the New York Stock Exchange announced that it would suspend trading in China Mobile, China Telecom, and China Unicom from 7 to 11 January 2021 and start the delisting process, causing stock values to drop. On 4 January the decision to delist was suddenly reversed; two days later, the NYSE said that the delistings would proceed.
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- Copyright World Economic Forum
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- Business data for China Mobile:
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