Wednesday, 13 December 2017

China Mobile full-year profit slides

By Mary Lennighan, Total Telecom
Thursday 19 March 15

Chinese telco plans to reduce 4G network capex in 2015 after heavy spending last year.

China Mobile posted a 10.2% decline in its net profit last year, hit by the government's new VAT regime and a fiercely competitive mobile market. The world's biggest mobile operator generated a bottom line of 109.28 billion yuan (€16.57 billion) in 2014…

China Mobile posted a 10.2% decline in its net profit last year, hit by the government's new VAT regime and a fiercely competitive mobile market. The world's biggest mobile operator generated a bottom line of 109.28 billion yuan (€16.57 billion) in 2014…

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