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Posts Tagged ‘china mobile’

BANGKOK (Reuters) – Thai telecoms group True Corp said it plans to raise up to 65 billion baht ($2.0 billion) from new share issues, including 28.6 billion baht ($882 million) in shares to be offered to China Mobile. True is selling up to 10.08 billion new shares via a rights issue and a private placement […]

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(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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