Monday, 25 June 2018

China Mobile hit by OTT competition, but monthly 4G adds hit 11m

By Mary Lennighan, Total Telecom
Monday 20 October 14

Chinese telco's bottom line impacted by network rollout costs, retention costs and additional competition.

China Mobile on Monday reported that it added a staggering 11.38 million 4G customers in September, but growth on that side of its business has come at a price, with net profit for the first nine months of the year declining by 9.7%. The telco noted that in the first three quarters of the year its costs increased due to the build…

China Mobile on Monday reported that it added a staggering 11.38 million 4G customers in September, but growth on that side of its business has come at a price, with net profit for the first nine months of the year declining by 9.7%. The telco noted that in the first three quarters of the year its costs increased due to the build…

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