China Mobile Ltd (SEHK:0941) is the leading telecommunication companies in China. The company provides a wide range of telecommunications services in China, such as mobile and fixed-line broadband, GSM, fixed line, information and communications technology, data communications, and other services.
THE BUSINESS
Listed on both the Hong Kong Stock Exchange and New York Stock Exchange (ADR), China Mobile is one of the main telecommunication companies in China. Majority owned by the State-owned enterprise, China Mobile Communications Corporation, the company currently (Apr 2016) serves about 835 million customers and has more than 300 million 4G customers. To place things in perspective, their competitor China Unicom Ltd had 260 million mobile subscribers in Apr 2016, close to a third of China Mobile.
As China’s leading telco a 63% market share, China Mobile has a network is able to support coverage for over 1.2 billion people.
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