Friday, 21 June 2019

Profits slow at China Mobile, despite adding 63m 4G subscribers in 2018

By Chris Kelly, Total Telecom
Thursday 21 March 19

China Mobile remains the world's biggest telco with a total of 925 million mobile subscribers

China Mobile saw revenues slip by 0.5 per cent in 2018 to $110 billion (CNY737 billion), as declining revenues from its mobile network business weighed heavy on the company's profitability in 2018. Net profits stood at $17.7 billion (CNY118 billion) in 2018…

China Mobile saw revenues slip by 0.5 per cent in 2018 to $110 billion (CNY737 billion), as declining revenues from its mobile network business weighed heavy on the company's profitability in 2018. Net profits stood at $17.7 billion (CNY118 billion) in 2018…

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