China Mobile Limited provides mobile voice and multimedia services through its nationwide mobile telecommunications network, the largest of its kind in the world. While a state-owned enterprise, it is listed on both the NYSE and the Hong Kong stock exchange. In addition to the world’s largest mobile network, China Mobile has also the greatest number of mobile subscribers.
History
A state-owned enterprise directly controlled by the government of the People's Republic of China but also a public company that is listed on the NYSE and the Hong Kong stock exchange, China Mobile has dominated Chinese mobile services since its inception.
State control
China Mobile was created from the mobile-phone division of China Telecom after its 1999 break-up, and incorporated in 2000 It enjoys substantial protectionist benefits from China's government but also experiences frequent government intervention in its business affairs. As late as 2003, and as a result of governmental protectionism, China Mobile was one part of a duopoly that saw China Unicom and China Mobile control China's mobile services market.[5] Listed in 1997, government control is maintained through China Mobile Communications Corporation, a presumably government-owned holding company, which owns 100 percent equity interest in China Mobile (HK) Group Limited that in turn holds over seventy percent of China Mobile's equity interest, the remainder being controlled by public investors
Rural subscriber base
China Mobile has historically held a greater share of the rural market than competitors. By 2006 it had expanded its network so that 97% of the Chinese population lived in an area that received reception and has since seen a sustained stream of new, rural mobile customers. China Mobile also offers information services targeted at the rural market, chief among these being 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 agricultural products, connecting potential employees with employers looking to hire, dissemination of information by local government, wire transfers, bank withdrawals and payments, etc.
Overseas activities
China Mobile expanded overseas in 2007, with the purchase of Paktel in Pakistan, and launched the ZoNG brand there a year later.[
Acquisitions
In May 2008 the company took over China Tietong, a fixed-line telecom and the third largest broadband ISP in China, thus adding internet services to its core business of mobile services.
As a mainland China-based company listed and incorporated in Hong Kong, China Mobile is a red chip.
Network
China Mobile's has the world's largest GSM network, which encompasses all 31 provinces, autonomous regions and directly-administered municipalities in Mainland China and includes Hong Kong, too .GPRS is utilized for data transmission.
Its 3G network, still under construction as of 2009, utilizes the TD-SCDMA standard, which China Mobile helped develop. In 2009 it obtained the requisite licenses needed to pursue full deployment of this new network, and the prior year it had field-tested TD-SCDMA networks in eight cities.
Rankings
As of 2009, China Mobile is the world's largest mobile phone operator by number of subscribers, operator of the world's largest mobile network, the largest Chinese company listed overseas and the largest telecom carrier in Asia.
History
A state-owned enterprise directly controlled by the government of the People's Republic of China but also a public company that is listed on the NYSE and the Hong Kong stock exchange, China Mobile has dominated Chinese mobile services since its inception.
State control
China Mobile was created from the mobile-phone division of China Telecom after its 1999 break-up, and incorporated in 2000 It enjoys substantial protectionist benefits from China's government but also experiences frequent government intervention in its business affairs. As late as 2003, and as a result of governmental protectionism, China Mobile was one part of a duopoly that saw China Unicom and China Mobile control China's mobile services market.[5] Listed in 1997, government control is maintained through China Mobile Communications Corporation, a presumably government-owned holding company, which owns 100 percent equity interest in China Mobile (HK) Group Limited that in turn holds over seventy percent of China Mobile's equity interest, the remainder being controlled by public investors
Rural subscriber base
China Mobile has historically held a greater share of the rural market than competitors. By 2006 it had expanded its network so that 97% of the Chinese population lived in an area that received reception and has since seen a sustained stream of new, rural mobile customers. China Mobile also offers information services targeted at the rural market, chief among these being 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 agricultural products, connecting potential employees with employers looking to hire, dissemination of information by local government, wire transfers, bank withdrawals and payments, etc.
Overseas activities
China Mobile expanded overseas in 2007, with the purchase of Paktel in Pakistan, and launched the ZoNG brand there a year later.[
Acquisitions
In May 2008 the company took over China Tietong, a fixed-line telecom and the third largest broadband ISP in China, thus adding internet services to its core business of mobile services.
As a mainland China-based company listed and incorporated in Hong Kong, China Mobile is a red chip.
Network
China Mobile's has the world's largest GSM network, which encompasses all 31 provinces, autonomous regions and directly-administered municipalities in Mainland China and includes Hong Kong, too .GPRS is utilized for data transmission.
Its 3G network, still under construction as of 2009, utilizes the TD-SCDMA standard, which China Mobile helped develop. In 2009 it obtained the requisite licenses needed to pursue full deployment of this new network, and the prior year it had field-tested TD-SCDMA networks in eight cities.
Rankings
As of 2009, China Mobile is the world's largest mobile phone operator by number of subscribers, operator of the world's largest mobile network, the largest Chinese company listed overseas and the largest telecom carrier in Asia.
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