Saturday, October 23, 2010

China Mobile's Growth slowing down

China Mobile, the world’s largest mobile operator, has reported single-digit growth in revenue and profit amid signs of a maturing market. In the nine months between January and September this year, the firm reported profit of CNY87.2 billion (US$13.1 billion), up 3.9 percent from the same period a year ago, on revenue of CNY352.6 billion, up 7.8 percent.

However, ARPU was flat at CNY72 and the EBITDA margin dropped by about 1 percentage point to 50.4 percent. The increasing penetration rate of mobile telecommunications and the changes in the competition environment of the telecommunications industry, the group's customer growth showed signs of slowing down. China Mobile’s total customer base increased to just under 570 million.

Unicom revealed its customer numbers for September, noting that it is now adding more 3G than 2G customers. It added just 800,000 net 2G subscribers in September to reach 151.5 million 2G subs, but 1 million 3G subscribers to reach 10.6 million 3G customers.


sewa mobil said...

Nice article, thanks for the information.

markvictor111 said...

• This is a wonderful opinion. The things mentioned are unanimous and needs to be appreciated by everyone.

Business Sales