China Mobile H1 revenues up 4.9%, led by 4G expansion

Thursday 20 August 2015 | 08:52 CET | News
China Mobile reported operating revenue for the first half of 2015 of CNY 340.7 billion, up 4.9 percent from a year earlier. Services revenue rose 0.5 percent to CNY 299.5 billion, led by a 24.3 percent increase in data revenue to CNY 151.5 billion, or just over half of service revenue. EBITDA increased 7.3 percent to CNY 126.9 billion, while net profit was down 0.8 percent to CNY 57.3 billion. The mobile operator ended the period with over 810 million customers, up 3.4 percent year-on-year and 10.56 million more than at the end of 2014. Growth was helped by the roll-out of its 4G network,

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Categories: Mobile & Wireless
Companies: China Mobile
Countries: China
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