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,
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.
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]
|
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
^
"Peoples: Company Profile (English)". China Mobile Peoples Telephone Co. Ltd. 2008. Archived from the original on 2008-08-02 .
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