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CHINA: CHINA MOBILE'S PROFITS ROSE BY 55% IN 2001.(Brief Article)(Statistical Data Included)
IPR Strategic Business Information Database, March, 2002
China Mobile (Hong Kong) Limited, China's leading mobile operator, has announced that its operating revenue in 2001 reached 100.3 billion yuan (US$12.1 billion), reflecting a rise by 54% since the figure posted in the previous year. The company's net profits amounted to 28 billion yuan (US$3.4 billion), reflecting a rise by 55% compared with the figure reported in the year 2000.
Last year, China Mobile's number of users rose by 24.509 million, and amounted to 69.643 million subscribers. This figure represents a market share of approximately 72.4%, according to the People's Daily. China Mobile is China's leading mobile operator, and operates in 13 provinces and municipalities in China. China Mobile is the second largest mobile operator in the world in terms of the...
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