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Posts Tagged ‘China Mobile Ltd’

(Reuters) – Investors can buy China Mobile Ltd, the worlds biggest wireless company, at a deep discount to international peers and get a 4 percent dividend while waiting for a turnaround, according to Barrons. In an article for release on Monday, Barrons said China Mobile is a \cheap play\ on Alibaba, the Chinese e-commerce giant […]

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By Paul Carsten BEIJING (Reuters) – China Mobile Ltd booked its lowest quarterly profit in five years as the world’s biggest mobile carrier by subscribers struggled to compete with mobile Internet applications offering services such as messaging. China Mobile’s traditional revenue sources such as phone calls and short messaging services (SMS) have rapidly lost out […]

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By Paul Carsten and Yimou Lee BEIJING/HONG KONG (Reuters) – China Mobile Ltd, the worlds largest mobile carrier by subscribers, will spend more this year to bolster its 4G mobile network to counter its first annual profit drop in 14 years. The company blamed pressure from messaging services like the WeChat mobile app from Tencent […]

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