China Mobile revenue, profits up on continuing subscriber growth

The company's profit increased by 4.8 percent in the fourth quarter

China Mobile's fourth quarter net profit grew year-over-year by 4.8 percent as the country's largest mobile operator continues to add more customers.

During the quarter, China Mobile added 65.5 million news users, taking the total at the end of 2011 to nearly 650 million. This represents about double the users that rivals China Unicom and China Telecom together have.

China Mobile's net profit reached 33.9 billion yuan (US$5.35 billion) in the quarter, the company said Thursday. This was up from 32.3 billion yuan in the same period in 2010.

The company's revenue was 144.2 billion yuan at the end of the quarter, an increase of 8.7 percent from the 132.5 billion during the same period in 2010.

China Mobile is the only mobile carrier of the three that does not offer Apple's iPhone as part of its official smartphone offerings. Analysts have said this has been a stumbling block for the company, and largely the outcome of it trying to attract more users to its 3G TD-SCDMA network (Time Division-Synchronous Code Division Multiple Access), a homegrown technology standard only used in China and not yet supported by the iPhone.

China Mobile, however, is pushing for the development of China's 4G networks, which will use LTE TDD (Long-Term Evolution Time-Division Duplex) technology. In a Thursday statement, the company said it had completed the first phase of large scale testing of the networks in six Chinese cities. It will begin the second phase of trials in nine cities this year.

Earlier this month, a top Chinese official said the country will probably need to wait another two to three years before the government grants 4G licenses for LTE TDD networks.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Michael Kan

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?