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China Mobile starting LTE trials next month
China Mobile is getting ready to trial its 4G service next month in Shanghai. Starting from June 1st, the world’s largest mobile operator will be inviting around 5,000 users to start testing the TD-LTE based service. As part of its preparations, China Mobile has built 1,000 base stations, 700 outdoors and 300 indoors, to cover the Inner Ring region. The whole city will get the coverage by the end of this year. Initially, the carrier will be offering handsets and modems from Huawei, Alcatel-Lucent Shanghai Bell and Datang Mobile, with … Read more
Dusan Belic
China Mobile ends the financial year with $60 billion in cash
China Mobile has a sweet problem as it ended the year with another $20.8 billion in profits, bringing its total cash pile to impressive $60 billion. The world’s largest mobile operator experienced a rise of 2.7% over the previous year with revenues rising by 6.1%. For the next financial year, China Mobile is expected to post a slight drop in profits as it increases investment in mobile broadband services. Wireless data traffic business increased by 53.6% over last year, contributing to 12.2% of the total operating revenue. However, China Mobile’s … Read more