The Company operates nationwide mobile telecommunications networks in all 31 provinces, autonomous regions and directly-administered municipalities in Mainland China and in Hong Kong SAR through these thirty-two subsidiaries.
As of 31 December 2006, the Group had an aggregate staff of 111,998 and an aggregate mobile telecommunications subscriber base of over 301.2 million, and enjoyed a market share of approximately 67.5 per cent. in Mainland China. The Group's GSM global roaming services covered 219 countries and regions and its GPRS roaming services covered 138 countries and regions.
The Company's majority shareholder is China Mobile (Hong Kong) Group Limited, which, as of 31 December 2006, indirectly held an equity interest of approximately 74.57 per cent. of the Company through a wholly-owned subsidiary, China Mobile Hong Kong (BVI) Limited. The remaining equity interest of approximately 25.43 per cent. of the Company was held by public investors.
~Number of Subscriber reach 332 million in China untill June 2007.
~JP Morgan and UBS upgraded China Mobile From hold to buy
~China is going to announce the first 3G license holder by end of this year.(90% is going to China Mobile)
A Gigantic company with a EPS 22.5rmb and the world largest mobile operating company, it is difficult for CM to plunge. So there is no reason for this counter to go wrong. Remember China Goverment is soon to announce it 1st 3G licence to China Mobile. Why must it issue to CM ? the answer is if not China Mobile then who else ???