China Mobile Communications Corporation (Chinese: ??????????; pinyin: Zh?ngguó Yídòng T?ngxìn Jítuán G?ngs?) d/b/a simply China Mobile is a Chinese state-owned telecommunication corporation that provides mobile voice and multimedia services through its nationwide mobile telecommunications network across mainland China. China Mobile is the largest mobile telecommunications corporation by market capitalisation, and also the world's largest mobile phone operator by total number of subscribers, with over 902 million subscribers as of June 2018.
The core subsidiary of the group, "China Mobile Limited", is listed on both the NYSE and the Hong Kong Stock Exchange. China Mobile also operates China Mobile Hong Kong, a subsidiary mobile network in Hong Kong. As of August 2017, China Mobile's total market value stood at RMB 1.57 trillion.
In August, 2018, China Mobile's CEO Li Yue said that the company may spin off three or four subsidiaries for separate listings. Any spinoffs would involve subsidiaries with independent operations, less connection with the core business and discrete financials. Both the mainland markets and Hong Kong could be options for the potential listings. But Li ruled out splitting off China Mobile's Hong Kong subsidiary as doing so would contradict the company's strategy of integrating its mobile businesses.
Video China Mobile
History
A state-owned enterprise directly controlled by the government of the People's Republic of China and also a public company which is listed on the NYSE and the Hong Kong stock exchanges, China Mobile has dominated Chinese mobile services since its inception. As of 2010, China Mobile controls the vast majority of its domestic mobile services market with a 70% market share. China Unicom and China Telecom have 20% and 10% shares, respectively.
Incorporated in 1997 as China Telecom (Hong Kong) Limited, China Mobile was born from the 1999 break-up of China Telecommunications Corporation. (This company continues to provide mobile services, however.)
State control
The company likely enjoys substantial protectionist benefits from China's government but also experiences frequent government intervention in its business affairs. Government control is maintained through a presumably government-owned holding company, China Mobile Communications Corporation (CMCC), that owns 100 percent ownership of China Mobile (HK) Group Limited, which in turn holds over seventy percent ownership of China Mobile-the remainder being controlled by public investors. Established in 2000, CMCC is China Mobile Ltd's current parent company as of 2011.
Rural subscriber base
China Mobile has historically held a greater share of the rural market than competitors. By 2006, its network had expanded to provide reception to 97% of the Chinese population, and the company has since seen a sustained stream of new, rural mobile customers.
It also offers services targeted at the rural market including an agricultural information service, which facilitates a variety of activities such as the sale and purchase of agricultural products, access to market prices for produce and crops, wire transfers, bank withdrawals, and payments, etc.
Overseas activities
The company branched out in 2007 with the purchase of Paktel in Pakistan launching the Zong brand there a year later.
In 2013, China Mobile eyed expansion into Myanmar expressing interest in bidding for one of two licences on offer in a partnership with Vodafone although this plan ultimately fell through.
Domestic acquisitions
In May 2008, the company took over China Tietong, a fixed-line telecom and the then third-largest broadband ISP in China adding Internet services to its core business of mobile services.
Network
China Mobile operates a GSM network, which encompasses all 31 provinces, autonomous regions, and directly administered municipalities in Mainland China and includes Hong Kong, too. GPRS is utilized for data transmission.
- 3G
The company controls 70% of the Chinese mobile market but a far smaller percentage of the 3G market. As of May 2012, its nearly 60 million 3G subscribers account for roughly 9% of its total subscriber base, which is an increase from 3% in 2010.
Its 3G network, still under construction in 2010, utilizes the TD-SCDMA standard, which China Mobile helped develop. 3G service is available in all of the 4 direct-controlled municipalities and most of the 283 prefecture-level cities in China as of 2010.
- 4G
As of 2010, China Mobile has debuted small-scale 4G demonstration networks using a variant of 3GPP's Long Term Evolution, TD-LTE, and has plans for larger, citywide demonstration networks in the future. As of May 2012, such networks are in operation.
While prior iPhone models couldn't use the China Mobile network due to the chipset relying on WCDMA-based networks, talks to carry the then unreleased 4G iPhone (iPhone 5) began in mid-2012. The iPhone 5c and iPhone 5s were sold through China Mobile starting in January 2014.
- Everest
In 2003 and again in 2007, China Mobile provided mobile services on Mount Everest.
- Spratly Isles coverage
In May 2011, China Mobile announced its network now includes the controversial Spratly Islands.
Nokia deal
In October 2014, Nokia and China Mobile signed a $970 million framework deal for delivery between 2014 and 2015.
Maps China Mobile
Service brands
China Mobile uses other names to differentiate its offerings.
Mainland China
Mobile services are available in Mainland China under several brands as of 2007. As of 2013, the below brands are scheduled to be slowly phased out and replaced by an all-encompassing new brand name--And--whose logo combines an exclamation point, the Chinese character for "peace" (Chinese: ?, Hanyu Pinyin: Hé), as well as the English word "and".
- Easyown
(Chinese: ???, Hanyu Pinyin: Shénzh?uxíng Rough translation: "Travel across China" (lit. "travel the holy states")): a basic prepaid mobile phone service more heavily marketed in rural areas
- GoTone
(Chinese: ???, Hanyu Pinyin: Quánqiút?ng Rough translation: "Global Connect"): subscription flagship brand
- M-zone
(Chinese: ????, Hanyu Pinyin: Dòngg?ndìdài Rough translation: "Dynamic Area"): a premium prepaid service popular with youths
- G3
A 3G service brand (likely introduced post-2007)
Hong Kong
CMHK is a wholly owned subsidiary of China Mobile. It offers GSM, GPRS, EDGE, HSPA+ (MVNO), FD-LTE and TD-LTE technologies to customers in this the Hong Kong Special Administrative Region.
Pakistan
- Zong is China Mobile's brand in Pakistan and is operated by China Mobile Pakistan (CMPak), a subsidiary. It offers GSM, GPRS, EDGE, HSPA+, FDD-LTE
United Kingdom
In December 2017, China Mobile launch a MVNO service in the UK called CMLink. It's aimed at the Chinese population living in the UK and Chinese visitors and students, and plans include free calls to China Mobile phones in China.
Sponsorship
The company was the main sponsor of China's national basketball team at the 2010 FIBA World Championship in Turkey.
References
External links
- Official website
Source of article : Wikipedia
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