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Topic: China Mobile (Hong Kong) Ltd


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In the News (Wed 16 Dec 09)

  
  China Mobile - Wikipedia, the free encyclopedia
China Mobile Communications Corporation (中国移动通信 Zhongguo Yidong Tongxin) SEHK: 0941NYSE: CHL), also known as China Mobile or CMCC, is the People's Republic of China's largest mobile phone operator.
It is the world's largest mobile phone operator ranked by number of subscribers, with over 200 million customers.
A state-owned enterprise, it was spun off from former monopoly China Telecom in 2000, and now has a 37.4% share of the highly competitive Chinese mobile market.
en.wikipedia.org /wiki/China_Mobile   (194 words)

  
 CNN.com - China Mobile to pay $10B for networks - May 16, 2002
China Mobile will pay US$8.57 billion in cash, shares and a loan from its parent, and assume US$1.63 billion in debt in a deal to be completed by the end of June.
China's two fixed-line giants China Telecom and China Netcom, which were both launched on Thursday as part of Beijing's broad reform of the telecoms sector, are expected to receive mobile network licences within 18 months.
China Mobile, which unlike most big telecoms carriers enjoys a net cash position, said the deal will be accretive to 2002 earnings by 2.7 percent after amortising goodwill.
archives.cnn.com /2002/BUSINESS/05/16/chinamobile.vodafone/index.html   (650 words)

  
 China Mobile   (Site not responding. Last check: 2007-10-22)
China Mobile Limited, of which China Mobile (HK) Group Limited is the major shareholder, set wholly-owned subsidiaries in 31 provinces (autonomous regions and municipalities directly under the central government) in China and went public in Hong Kong and New York Stock Exchanges.
Currently, in terms of its market value, China Mobile Limited is the largest among all the overseas listed Chinese companies and among all the telecom carriers in Asia.
China Mobile operates not only basic mobile voice services but also value-added services such as data,IP telephone and multimedia.It has the right to operate Internet services and the international gateways,reputed for its brands like GOTOne,Easy-own and M-Zone,and provides services through network numbers of 139,138,137,136,135,134(0-8)and159.
www.chinamobile.com /ENGLISH/index.html   (156 words)

  
 CNN.com - China Mobile's net profit jumps - Mar. 18, 2003
China Mobile, with nearly 120 million subscribers at the end of January, met expectations with a 2002 net profit of 32.7 billion yuan (US$3.95 billion) or 1.71 yuan per share, compared with 28.02 billion yuan or 1.51 yuan per share a year earlier.
China Mobile and its rival China Unicom Ltd spent much of 2002 locked in a war for market share, sacrificing profits by offering subsidies and other promotions to build business in the world's most populous market.
China Mobile (Hong Kong) has been gradually buying networks from its unlisted parent company, with a goal of eventually having the entire national network in the publicly traded unit.
edition.cnn.com /2003/TECH/03/18/china.mobile.reut   (695 words)

  
 China Mobile (Hong Kong) Limited   (Site not responding. Last check: 2007-10-22)
Incorporated in Hong Kong 1997 and the same year listed on the New York and the Hong Kong stock exchange, China Mobile provides a full range of mobile telecommunications services in 21 provincial networks in Mainland China, combining the largest geographically coherent mobile network.
China Mobile has already bought 21 networks from its parent and an acquisition of the remaining ten networks seems to be within China Mobile’s long-term-strategy.
China Mobile primarily uses the Western standard GSM and is under pressure by the new competitor’s PAS services (in China known as Xiaolingtong) - a system with limited capacity and range but very competitive prices.
www.fiducia-china.com /News/2003/456-1756.html   (476 words)

  
 IT100: China Mobile (Hong Kong) Profile
But one problem for China Mobile is that those new subscribers are coming on in lesser developed parts of China where people aren't as well off as longer-time users in relatively affluent cities like Shanghai and Beijing.
China Mobile (Hong Kong) Limited offers mobile telecommunications services principally using the global system for mobile communications standard in Mainland China.
The company was incorporated under the laws of Hong Kong in 1997 under the name China Telecom (Hong Kong) Limited and changed its name to China Mobile (Hong Kong) Limited in 2000.
www.businessweek.com /it100/2005/company/CHL.htm   (448 words)

  
 Bloomberg.com: Asia
China Mobile registered a 56 percent increase in prepaid phone users this year and a 20 percent drop in the number of long- term subscribers.
China Mobile's second-half profit may rise at least 10 percent after income from the 10 provincial networks it bought from its parent earlier this year is included in its earnings starting July 1, said BNP's Lo.
China Mobile forecast the new networks, which have 24 million subscribers in provinces such as Yunnan and Guizhou in the south, and Inner Mongolia in the north, will add 3.1 billion yuan to its profit this year.
quote.bloomberg.com /apps/news?pid=10000080&refer=asia&sid=aIWDv9kGFCHY   (770 words)

  
 WJLA - China Mobile First-Half Profit Increases   (Site not responding. Last check: 2007-10-22)
China Mobile (Hong Kong) Ltd., the Hong Kong-listed unit of China's largest mobile network, said Wednesday its first-half net profit rose 28 percent, with nearly 20 million subscribers joining during the period.Net profit for the six months ended June 30 was 24.04 billion Chinese yuan ($2.96 billion), up from 18.83 billion yuan a year earlier.
China Mobile's new business, which includes short-message-service, voice value-added services and other data services, rose 82 percent on year to 22.56 billion yuan in the first half.
China Mobile recommended a first half dividend of 45 Hong Kong cents (5 cents), up from 20 Hong Kong cents a year ago.
www.wjla.com /headlines/0805/250688.html   (542 words)

  
 Associated Press Business News: Hong Kong Shares Rise - MSN Money
China Mobile, the largest mobile operator in China by subscribers, moved 2.7 percent higher to HK$45.70.
China Netcom Group Corp. (Hong Kong) Ltd., a fixed-line operator in China, was up 1.1 percent to HK$13.95, while China Unicom Ltd. remained unchanged at HK$6.70.
CNOOC Ltd., China's largest offshore oil producer by output, rallied 1.6 percent to HK$HK6.50 after reporting Tuesday a 45 percent increase in its first quarter revenue on the back of high crude oil prices and strong domestic demand.
news.moneycentral.msn.com /provider/providerarticle.asp?feed=AP&Date=20060426&ID=4770187   (274 words)

  
 Hang Seng Index - Wikipedia, the free encyclopedia
It is used to record and monitor daily changes of the 33 largest companies of the Hong Kong stock market and as the main indicator of the overall market performance in Hong Kong.
HSI was started on November 24, 1969, compiled and maintained by HSI Services Limited, which is a wholly-owned subsidiary of Hang Seng Bank, the second largest bank listed in Hong Kong in terms of market capitalisation.
It caters for the unique characteristics of the Hong Kong stock market and maintains the international compatibility with a mapping to the FTSE Global Classification System, which is compiled and administered by FTSE International Limited.
en.wikipedia.org /wiki/Hang_Seng_Index   (819 words)

  
 Asia Times Online - News from greater China; Hong Kong and Taiwan
Virgin Group was in talks with several companies about a mobile phone venture on the mainland, but declined to name his potential partners in a country with more than 300 million cellular subscribers.
In addition, China has nearly 75 million users of a low-cost limited-roaming service called Little Smart, which is provided by fixed-line operators China Telecom and China Netcom and their respective parent firms.
China Mobile (Hong Kong) Ltd the worlds biggest carrier by subscribers, said Tuesday it could spend up to 110 billion yuan (US$13.29 billion) to build a nationwide third-generation (3G) mobile network.
www.atimes.com /atimes/China/FL09Ad08.html   (369 words)

  
 [No title]
China Unicom's network structure is broken over two technology infrastructures, leaving it at a disadvantage to the dominant China Mobile, Liu said.
China Mobile plans 83.3 billion yuan of capital expenditure in 2006, excluding 3G investments.
Last year was the first year China Mobile fully incorporated income from the 10 provincial networks it acquired from its parent, China Mobile Communications Corp., in mid-2004.
www.marketwatch.com /News/Story/Story.aspx?guid={EC3AAF15-0D64-4C3A-B766-58B6C7D848D6}&source=blq/yhoo&dist=yhoo&siteid=yhoo   (954 words)

  
 Vodafone to buy $2.5 billion in China Mobile (Hong Kong) shares - Oct. 4, 2000
China Mobile's tally of 39.3 million subscribers includes customers it acquired by purchasing from its parent company wireless assets in Beijing, Shanghai, Tianjin, and the provinces of Liaoning, Shandong, Hebei and Guangxi.
China Mobile will pay for the bulk of the purchase with $22.7 billion in stock.
China Mobile told analysts it would assume $1.2 billion in debt from the seven networks.
money.cnn.com /2000/10/04/worldbiz/vodafone_china   (533 words)

  
 IT100: China Telecom Profile
Without a cellular license, China Telecom hasn't been able to offer the GSM and CDMA services of China Mobile and China Unicom, although it has compensated by providing a cellular-like service, using a wireless local loop.
Perhaps one sign that China Telecom will win a license: CEO Wang Xiaochu was head of China Mobile until the government moved him to China Telecom last year.
China Telecom Corp. was incorporated in 2002 and is based in Beijing.
www.businessweek.com /it100/2005/company/CHA.htm   (360 words)

  
 Handset vendors threatened as China favors local suppliers - Computer Business Review
China's two largest mobile carriers are reported to be planning to sell handsets in a bid to help Chinese manufacturers.
China has a policy of nurturing local industry and this could badly hit the major manufacturers that have invested heavily in China to take advantage of its growth potential and the fact that it is on its way to becoming the world's largest market for wireless products.
China is also moving to impose a restriction on government agencies' acquisitions of WLAN equipment whereby the kit they buy will have to support another locally developed standard, this one for WLAN security, called BWIPS.
www.cbronline.com /article_news.asp?guid=10BB9D4C-58D4-4241-81F4-83674F9F62D3   (721 words)

  
 RIM to launch BlackBerry in China by mid-year - Boston.com
Research In Motion Ltd. , the maker of the iconic BlackBerry device, said on Wednesday it expects to launch its wireless email service with China Mobile (Hong Kong) Ltd. <0941.HK> by mid-year.
Research In Motion Ltd., the maker of the iconic BlackBerry device, said on Wednesday it expects to launch its wireless email service with China Mobile (Hong Kong) Ltd. by mid-year.
China offers huge growth potential for RIM as it is the world's largest telecommunications market and China Mobile , the world's top cellular carrier by subscribers, holds two-thirds of the market.
www.boston.com /news/world/asia/articles/2006/04/12/rim_to_launch_blackberry_in_china_by_mid_year   (406 words)

  
 Espicom - China Mobile (Hong Kong) Ltd Company Intelligence Report   (Site not responding. Last check: 2007-10-22)
China Mobile (Hong Kong) Ltd, together with its subsidiaries, was incorporated in Hong Kong on September 3, 1997 and listed on the Hong Kong and New York Stock Exchanges in October 1997.
China Mobile (Hong Kong) is the leading mobile services provider in mainland China and boasts the world’s largest unified, contiguous all-digital mobile network and the world’s largest mobile subscriber base.
China Mobile (Hong Kong) provides mobile telecommunication services primarily through the GSM platform.
www.espicom.com /web3.nsf/structure/tel_bkscchinamobile?OpenDocument   (254 words)

  
 Xinhua Far East Upgrades the China Mobile rating to AAA, Ahead of its Interim Result Announcement
China Mobile (Hong Kong) Limited is principally engaged in mobile communications in all 31 provinces, municipalities, and autonomous regions in Mainland China.
It is the dominant mobile service provider in Mainland China and the largest mobile operator in the world in terms of subscriber base, which exceeds 204.2 million in 2004.
The Company's largest shareholder is China Mobile Communications Corporation with a stake of 75.7%, which is a state- owned enterprise under supervision of the Ministry of Information Industry.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/08-09-2005/0004085052&EDATE=   (1215 words)

  
 Bloomberg.com: Top Worldwide
China's economy, the world's sixth-largest, grew 9.9 percent from a year earlier in the fourth quarter, accelerating from a 9.6 percent pace in the previous three months, as investment surged.
China's 4.75 percent dollar-denominated bonds maturing in October 2013 were bid at a yield of about 74 basis points more than like-maturity U.S. Treasuries as of 11:25 a.m.
China's foreign debt, excluding that of Hong Kong, Macau and Taiwan, stood at $184 billion at end-September.
quote.bloomberg.com /apps/news?pid=10000087&sid=a0su8pImf6nk&refer=top_world_news   (576 words)

  
 CNN.com - China Mobile posts 13% profit gain - Aug. 12, 2003
China's biggest mobile phone operator, China Mobile (Hong Kong) Ltd, has met expectations in posting a 13 percent rise in first-half net profit to 17.47 billion yuan ($2.11 billion).
China Mobile now has 129.1 million subscribers, making it the world's biggest mobile phone company by users, ahead of Britain's Vodafone.
Shares in China Mobile are 0.26 percent higher in Hong Kong afternoon trade at HK$19.55.
edition.cnn.com /2003/BUSINESS/08/12/china.mobile.biz   (270 words)

  
 China Mobile sees Q1 profit jump 28 percent - Network World
China Mobile earned revenue of 65 billion renminbi (US$8.1 billion as of March 31, the last day of the period being reported) during the first three months of the year, up 18.5% from the same period last year.
China Mobile attributed this increase in revenue to growing demand for telecommunications services in China, noting that it added 12.6 million subscribers during the first quarter.
Most of China Mobile's new subscribers are low-end users and this contributed to a general decline in average revenue per user, from 92 renminbi per month during the fourth quarter to 86 renminbi per month during the most recent period, the company said.
www.networkworld.com /news/2006/042106-china-mobile-sees-q1-profit.html   (594 words)

  
 China Mobile to buy 7 mobile-phone networks in China - HK Asian Economic News - Find Articles
China Mobile (Hong Kong) Ltd., China's largest wireless carrier, said Wednesday it will buy seven mobile phone networks in China from its parent, China Mobile Communications Corp., for $32.84 billion.
China Mobile (Hong Kong) is China's largest wireless carrier in terms of the number of subscribers.
The seven networks the Hong Kong firm will acquire are in the municipalities of Beijing, Shanghai and Tianjin, and the provinces of Hebei, Liaoning and Shandong as well as the Guangxi autonomous region.
www.findarticles.com /p/articles/mi_m0WDP/is_2000_Oct_9/ai_66304171   (305 words)

  
 Newsvine - China Mobile in Talks With Google
HONG KONGChina Mobile (Hong Kong) Ltd., China's largest cell-phone carrier by subscribers, said Thursday it's in talks with Google Inc. to launch an Internet search engine for mobile services in China.
China Mobile is keen to explore mobile data services to offset declining revenue from the traditional voice services.
Wang didn't elaborate on the two companies' cooperation on the mobile search engine, but he said it will mean significant progress in China's mobile service.
www.newsvine.com /_news/2006/05/17/202526-china-mobile-in-talks-with-google   (173 words)

  
 China Mobile, Hong Kong CSL and Nokia demonstrate MMS services over live GPRS networks in Beijing and Hong Kong at the ...
The China Telecom Day demonstration coincides with China Mobile's commercial launch of its nationwide GPRS service and its Monternet brand of advanced mobile messaging services.
Hong Kong CSL Limited recently launched Asia's first multimedia messaging service, implemented with the Nokia MMS solution.
The successful demonstration marks an important milestone in the development of MMS in the Asian market, showing that both mainland Chinese and Hong Kong mobile subscribers can in the near future send and receive multimedia messages and experience seamless, uninterrupted multimedia messaging service when traveling and using different GPRS networks.
www.mobileinfo.com /News_2002/Issue19/Nokia_MMSDemo.htm   (905 words)

  
 ITworld.com - Vodafone to buy more of China Mobile
Vodafone Group PLC is to increase its stake in China Mobile (Hong Kong) Ltd, it announced Thursday.
China Mobile has issued the shares, priced at $24.72, to raise the funds it needs to buy eight provincial mobile telecommunication companies from its parent, China Mobile Communications Corp., Vodafone said.
Mobile is a "bypass technology," in that it will eventually become more important than the older landline technology, a Vodafone spokesman said Thursday.
www.itworld.com /Net/2613/020516vodafone   (485 words)

  
 China Mobile (Hong Kong) Ltd - BuddeComm   (Site not responding. Last check: 2007-10-22)
Listed on the New York and Hong Kong stock exchanges since 1997, China Mobile (Hong Kong) provides GSM mobile voice and 2.5G data services in China.
China Mobile (Hong Kong) is facing competition from cheaper city-based PHS mobile services offered by fixed-line operators.
In preparation for 3G services in China, CMHK submitted its application for a WCDMA licence in July 2005.
www.budde.com.au /Reports/Contents/China-Mobile-Hong-Kong-Ltd-2193.html   (220 words)

  
 China Mobile, Google hold talks on mobile search engine - MarketWatch :: China Digital Times (CDT) ...
China's largest mobile carrier by subscribers is keen to explore mobile data...
China Mobile (Hong Kong) Ltd. said Thursday it is in talks with Google Inc. to launch an Internet search engine for mobile services in China.
China's largest mobile carrier by subscribers is keen to explore mobile data services to offset declining revenue from the traditional voice services.
chinadigitaltimes.net /2006/05/china_mobile_google_hold_talks_on_mobile_search_engine.php   (629 words)

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