China Mobile Ltd

China Mobile is a state-owned telecommunications company that provides mobile, fixed-line, and broadband services to over one billion customers in mainland China and other countries.

Categories

Technology  

#62

Rank

$174.8B

MarketCap CN

CN China

Country

Summary

China Mobile Limited is a state-owned Chinese telecommunications company. It is the largest mobile telecommunications company in China and the world, with over 902 million mobile subscribers. China Mobile operates in Mainland China and Hong Kong, offering voice and data services, as well as internet and multimedia services.

The company was established in 1997 and is headquartered in Beijing. It has a diverse portfolio of businesses, including mobile telecommunication services, broadband and multimedia services, enterprise services, and international services.China Mobile is a leader in the development and deployment of 5G technology in China and has a significant presence in the Internet of Things (IoT) market. The company has a strong network infrastructure, including over 500,000 base stations, and has invested heavily in fibre-optic networks, enabling it to provide high-speed broadband services to its customers.

China Mobile is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng Index. The company has a strong financial profile, with a market capitalization of over USD 100 billion and a large customer base, making it a major player in the telecommunications industry in China and beyond.


History

China Mobile Limited was incorporated in Hong Kong on 3 September 1997. It is a subsidiary of the state-owned behemoth China Mobile Communications Corp., which was created in 2000 by spinning off the mobile telecommunications division.

China Mobile initially focused on providing mobile voice and data services to customers in mainland China. In 2008, the company expanded its operations to Hong Kong, where it provides mobile and fixed-line broadband services.

Over the years, China Mobile has experienced significant growth in its customer base and revenues. As of 2021, the company had over 950 million mobile subscribers, making it the world's largest mobile network operator by number of subscribers.

In addition to its mobile services, China Mobile also offers fixed-line broadband services, value-added services, and other telecommunications products and services. The company has been actively involved in the development of 5G technology and has launched 5G commercial services in various cities in China.

China Mobile has also been actively expanding its international presence through partnerships and investments in other telecommunications companies around the world. The company is listed on the Hong Kong Stock Exchange and the New York Stock Exchange.


Mission

The mission of China Mobile is to provide customers with a quality service experience, inspire and unleash the potential of staff, and be a reliable business partner. The company is committed to providing exceptional customer service and optimizing their customer services in every aspect.


Vision

China Mobile's vision revolves around leveraging its position as a telecommunications leader to foster technological advancement and connectivity. The company aims to play a pivotal role in shaping the digital landscape, not just in China, but globally. The core elements of China Mobile's vision include:

Unparalleled Connectivity: China Mobile envisions a world where seamless connectivity is a reality for everyone. This involves expanding their network infrastructure to provide reliable, high-speed, and wide-ranging connectivity to urban and rural areas alike. The goal is to bridge the digital divide and ensure that individuals, businesses, and communities can access information and services effortlessly.

Innovation and Transformation: The company is committed to driving innovation in the telecommunications industry. This includes staying at the forefront of emerging technologies such as 5G, Internet of Things (IoT), cloud computing, artificial intelligence (AI), and more. China Mobile aims to lead in technological advancements and use these innovations to provide new and improved services to its customers.

Customer-Centric Approach: China Mobile's vision emphasizes catering to the needs of its customers. By understanding customer preferences and behaviors, the company aims to develop tailored solutions that enhance user experiences and provide real value. This involves offering diverse services ranging from traditional voice and data services to newer digital offerings.


Key Team

Mr. Yang Jie (Executive Director & Chairman)

Mr. LI Ronghua (Executive Director & Chief Financial Officer)

Mr. Dong Xin (Executive Director & Chief Executive Officer)

Dr. Yang Qiang (Executive Director)

Mr. Pizheng Li (Exec. Director )

Ms. Wai Lan Wong FCIS, FCS (Company Sec. )

Dr. Tiger Lin (Chairman of China Mobile International Ltd and CEO of China Mobile International Ltd )


Recognition and Awards
China Mobile Limited has won awards such as the Listed Enterprises of the Year Award in The 7th Listed Enterprises of the Year 2022, Best Investor Relations Company in the 7th Asian Excellence Award 2017, The 5G Deployment Award and Best Innovative MVNO Operator of The Year at CC Global Awards 2022, Best Mobile Innovation for Connected Economy at MWC 2022, and GLOTEL Automation Initiative of the Year Award for Innovation and Practice in Autonomous Core Networks.

Products and Services

China Mobile is primarily known for providing mobile voice and data services to customers in mainland China and Hong Kong. The company offers a range of mobile plans and packages to suit the needs of different customers, including prepaid and postpaid plans, as well as plans with varying amounts of data and call minutes.

In addition to mobile services, China Mobile also offers fixed-line broadband services to customers in China. The company provides high-speed internet access through its broadband network, which covers both urban and rural areas of the country.

China Mobile also offers a range of value-added services, including entertainment services, such as mobile games and music streaming, as well as enterprise services, such as cloud computing and Internet of Things (IoT) solutions. The company has been actively involved in the development of 5G technology and has launched 5G commercial services in various cities in China.

In recent years, China Mobile has also been expanding its offerings to include financial services. The company operates a mobile payment platform called "Mobile Wallet," which allows customers to make payments and transfers using their mobile phones.

China Mobile has also launched various other products and services, such as e-commerce platforms and smart home products, as part of its efforts to diversify its business and stay competitive in the rapidly evolving telecommunications industry.

Overall, China Mobile's products and services are designed to meet the evolving needs of its customers, while also supporting the company's growth and expansion efforts.


References
China Mobile Ltd
Leadership team

Mr. Yang Jie (Executive Director & Chairman)

Mr. Dong Xin (Executive Director & Chief Executive Officer)

Dr. Yang Qiang (Executive Director)

Mr. LI Ronghua (Executive Director & Chief Financial Officer)

Industries

Technology

Products/ Services
Communications
Number of Employees
1,000 - 20,000
Headquarters
Beijing, China
Established
1997
Company Type
Public Limited Company
Revenue
Above - 1B
Traded as
0941.HK
Social Media

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Fri Mar 01 2024
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