Quickie: China Mobile increases profit, and total subs
By Ben Robinson on Thursday, August 28th, 2008 at 3:21 PM PST In Announcements, China Mobile
China Mobile has shown off a 44.7% increase in H1 net profit, from a base that now (impressively) totals 415 million subs! It’s net adds for subscribers were 45m, that’s over 10%!
China Mobile (NYSE: CHL) is already the world’s largest mobile network operator (counting by subscribers), but the rate of additions is almost hard to comprehend. As I mentioned in a previous post, China is where it’s at in terms of growth right now!
Full China Mobile press release here.
