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China Mobile

China Mobile

China Mobile

中国移动 .
Translated version of the Chinese article - {{Translated|zh|中国移动}}
China Mobile
China Mobile Limited
China Mobile Logo.svg
Type - Public
Traded as - SEHK0941
NYSECHL
Industry - Telecommunications
Predecessor(s) - China Telecom (Hong Kong) Limited[1]
Founded - 1997[2]
Area served - Mainland China, Hong Kong, Pakistan
Products - Fixed line and mobile telephony, Internet services, digital television
Revenue - CNY 527.99 billion (2011)[3]
Operating income - CNY 151.29 billion (2011)[3]
Net income - CNY 125.87 billion (2011)[3]
Total assets - CNY 952.55 billion (2011)[3]
Total equity - CNY 649.06 billion (2011)[3]
Owner(s) - China Mobile Communications Corporation (74.22%) [4]
Employees - 181,000 (2012)[3]
Website - China Mobile ltd Website
China Mobile Limited (simplified Chinese: 中国移动通信; traditional Chinese: 中國移動通信; pinyin: Zhōngguó Yídòng Tōngxìn) is a Chinese state-owned[5] telecommunication company that provides mobile voice and multimedia services[6] through its nationwide mobile telecommunications network.[2] The company is one of the largest mobile telecommunications companies by market capitalization today, and it was named as such in March 2011.[7] It is listed on both the NYSE and the Hong Kong stock exchange.[2]

As of July 2013, China Mobile is the world's largest mobile phone operator by subscribers with about 740 million.[8]

Historyedit

A state-owned enterprise directly controlled by the government of the People's Republic of China[5] and also a public company that is listed on the NYSE and the Hong Kong stock exchanges,[2] 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.[9] China Unicom and China Telecom have 20% and 10% shares, respectively.[9]

Incorporated in 1997 as China Telecom (Hong Kong) Limited,[1] China Mobile was born from the 1999 break-up of China Telecom.[10] (This company continues to provide mobile services, however.[9])

State controledit

China Mobile likely enjoys substantial protectionist benefits from China's government[11] but also experiences frequent government intervention in its business affairs.[12] 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,[13] which in turn holds over seventy percent ownership of China Mobile–the remainder being controlled by public investors.[2] Established in 2000,[13] CMCC is China Mobile Ltd's current parent company as of 2011.[14]

Rural subscriber baseedit

- - Wang Jianzhou, Chairman and CEO during the Market Insight: Frontier Markets plenary session in Tianjin, China, 28 September 2008.[15] - - display of China Mobile phones, 2010

China Mobile has historically held a greater share of the rural market than competitors.[16] By 2006, its network had expanded to provide reception to 97% of the Chinese population,[17] and the company has since seen a sustained stream of new, rural mobile customers.[16]

China Mobile also offers information services targeted at the rural market, including the Agricultural Information Service, which allows a variety of activities to take place through the use of mobile phones and the Internet. These include the sale and purchase of agricultural products, access to market prices for produce, wire transfers, bank withdrawals, and payments, etc.[18]

Overseas activitiesedit

China Mobile expanded overseas in 2007 with the purchase of Paktel in Pakistan[19] launching the ZONG brand there a year later.[20]

In February 2013, China Mobile together with Vodafone, has participated in bidding for one of the two newly opened Myanmar Mobile licences.[21]

Domestic acquisitionsedit

In May 2008, the company took over China Tietong, a fixed-line telecom[22] and the then third-largest broadband ISP in China,[23] adding Internet services to its core business of mobile services.

Networkedit

China Mobile operates a GSM network,[24] which encompasses all 31 provinces, autonomous regions, and directly administered municipalities in Mainland China and includes Hong Kong, too.[2] GPRS is utilized for data transmission.[25]

3G
The company controls 70% of the Chinese mobile market but a far smaller percentage of the 3G market.[9] As of May 2012, its nearly 60 million 3G subscribers account for roughly 9% of its total subscriber base,[26] which is an increase from 3% in 2010.[9]

Its 3G network, still under construction in 2010, utilizes the TD-SCDMA standard,[27] 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.[27]

4G
As of 2010, China Mobile has debuted small-scale 4G demonstration networks using a variant of 3GPP Long Term Evolution, TD-LTE, and has plans for larger, city-wide demonstration networks in the future.[27] As of May 2012, such networks are in operation.[26]

While prior iPhone models couldn't use the China Mobile network because it relies on a China-only 3G standard, talks to carry the then unreleased 4G Apple iPhone (iPhone 5) began in mid-2012.[26]

Everest - In 2003 and again in 2007, China Mobile provided mobile services on Mount Everest.[28]

Spratly Isles coverage - In May 2011, China Mobile announced its network now includes the controversial Spratly Islands.[29]

Service brandsedit

China Mobile uses other names to differentiate its offerings.

Mainland Chinaedit

China Mobile offers mobile services in Mainland China under several brands.[30]

Easyown (Chinese: 神州行, Hanyu Pinyin: Shénzhōuxíng Rough translation: "Travel across China"[31] (lit. "travel the holy states"))
a basic prepaid mobile phone service more heavily marketed in rural areas[17]
GoTone (Chinese: 全球通, Hanyu Pinyin: Quánqiútōng Rough translation: "Global Connect")
subscription[31] flagship brand[32]
M-zone (Chinese: 动感地带, Hanyu Pinyin: Dònggǎndìdài Rough translation: "Dynamic Area")
a premium prepaid service popular with youths[32]

Hong Kongedit

Peoples is a wholly owned subsidiary of China Mobile (Hong Kong) Limited. It offers GSM, GPRS and EDGE technologies to customers in this Special Administrative Region.[33]

Pakistanedit

ZONG is China Mobile's brand in Pakistan and is operated by China Mobile Pakistan (CMPak),[20] a subsidiary.

Referencesedit

  • ^ a b Milestone China Mobile Official Site
  • ^ a b c d e f Company Profile China Mobile Official Site
  • ^ a b c d e f http://www.google.com/finance?q=NYSE%3ACHL&fstype=ii&ei=_r1rUOjpCcabkAX3Cg
  • ^ Annual report 2009
  • ^ a b Strait deals The Economist , May 7th 2009
  • ^ Company Profile CMCC Official Site
  • ^ "FT Global 500". The Financial Times. March 2011. Retrieved 01/04/2012. 
  • ^ Operation Data - Customer Numbers China Mobile Official Site
  • ^ a b c d e China Mobile Still Dominates, but Faces Competition in 3G. morningstar.com , 10-22-10
  • ^ Asian economic and political issues, Volume 8 (page 68) Frank Columbus, Nova Publishers, 2003 (Google Books)
  • ^ Asian Economic and Political Issues, Volume 8 (page 54) 2003. Frank Columbus. Nova Publishers. (Google Books)
  • ^ Asian Economic and Political Issues, Volume 8 (page 84) 2003. Frank Columbus. Nova Publishers. (Google Books)
  • ^ a b CMCC Profile CMCC Official Site (Archive.org cache)
  • ^ China Mobile, MTR, SJM Holdings, ZTE: Hong Kong Stocks Preview By Kana Nishizawa, bloomberg.com - May 17, 2011 5:54 PM PT
  • ^ Copyright World Economic Forum
  • ^ a b Chinese Telecom: China Mobile Leads the Way businessweek.com, August 5, 2009, 9:28AM EST
  • ^ a b Homepage > Brand & Products > Business Review CMCC Official Site
  • ^ 2008 Corporate Social Responsibility Report - Rural Program CMCC Official Site
  • ^ CMCC Officially Enter Pakistani Telecommunication Market, 25th March, 2007 CMCC Official Site
  • ^ a b ZoNG the first international brand of China Mobile being launched in Pakistan, 5th April, 2008 CMCC Official Site
  • ^ "Vodafone, China Mobile eye Myanmar". Investvine.com. 2013-04-05. Retrieved 2013-04-05. 
  • ^ Telecoms in China The Economist , May 29th 2008
  • ^ China Mobile to take over China Tietong Telecom
  • ^ Beijing Olympic Games spur another technological leap forward CMCC Official Site, 18th Aug, 2008
  • ^ Homepage > About CMCC > Networks & Technologies CMCC Official Site
  • ^ a b c Lee, Chyen Yee (Wed May 16, 2012 1:22am EDT). "China Mobile in talks with Apple for iPhone". reuters.com (Thompson Reuters). Retrieved 05/20/12. 
  • ^ a b c "China Mobile Limited: Annual Report 2010". China Mobile Ltd. 2010. pp. 13–14. Retrieved 18 June 2011. 
  • ^ 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, 11/13/2007 8:09:24 PM ET
  • ^ Ian Mansfield, 18th May 2011, China Mobile Expands Coverage to the Spratly Islands, Cellular News
  • ^ "Our Brands". China Mobile. 2007. Archived from the original on 2010-12-04. Retrieved 2008-03-18.  (Archive.org cache)
  • ^ a b "DIFFERENCE BETWEEN QUANQIUTONG AND SHENZHOUXING". Wangjianshuo's blog . Shanghai. March 19, 2003. Retrieved 01/04/2012. 
  • ^ a b 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 2008-08-02. Retrieved 2008-09-27. 
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