China Mobile ADS
(NYSE: CHL)
50.30
+0.14
+0.28%
+0.14
+0.28%
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COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | China Mobile Ltd. |
| Industry: | Telecom Services |
| Employees: | 182,487 |
DESCRIPTION
| China Mobile Ltd., was incorporated under the laws of Hong Kong on September 3, 1997 as a limited liability company under the name ‘China Telecom (Hong Kong) Limited’. The Company completed its initial public offering in October 1997. It changed its name to ‘China Mobile (Hong Kong) Limited’ on June 28, 2000 and to ‘China Mobile Limited’ on May 29, 2006. The Company provides a range of mobile telecommunications services in all 31 provinces, autonomous regions and directly-administered municipalities in Mainland China as well as in Hong Kong. It offers mobile telecommunications services mainly using the Global System for Mobile Communications, or GSM, standard. GSM is a pan-European mobile telecommunications system based on digital transmission and mobile telecommunications network architecture with roaming capabilities. The Company’s GSM networks reach virtually all cities and counties and major roads and highways, as well as a substantial part of rural areas, throughout Mainland China and, through the network of Hong Kong Mobile, a substantial part of Hong Kong. Its businesses mainly consist of voice business and value-added business. Its voice business focuses on enabling its subscribers make and receive calls with a mobile phone at any point within the coverage area of its mobile telecommunications networks. The services include local calls, domestic long distance calls, international long distance calls, intra-provincial roaming, inter-provincial roaming and international roaming. The Company’s value-added business includes voice value-added services, short message services, or SMS, and non-SMS data business. Its voice value-added services mainly include caller identity display, caller restrictions, call waiting, call forwarding, call holding, voice mail, conference calls and others services. The Company’s SMS mainly includes subscriber-to-subscriber messages, ‘Monternet’–based short messages and others. Its non-SMS data business mainly includes ‘Color Ring’, wireless application protocol, or WAP, multimedia messaging service, or MMS, Wireless Music, Mobile Paper, ‘Fetion’, ‘139 Mailbox’, Mobile Gaming, Mobile Video, Mobile Map and Mobile e-Commerce services. Starting from January 7, 2009, the Company also offers mobile telecommunications services using the TD-SCDMA standard. It operates its 3G business based on a core mobile telecommunications network that is shared by both its 2G and 3G businesses and TD-SCDMA wireless network capacity leased from CMCC. The Company offers its services through an extensive network of proprietary sales outlets and retail outlets. In addition to providing retail sales and network connection services, most of its proprietary sales outlets also offer differentiated services to subscribers under different service brands, including billing information and payment collection, services consultation, handset repair and other customer services. Furthermore, most of its proprietary sales outlets provide training and service demonstrations to retail outlets. The Company markets its services under the ‘CHINA MOBILE’ trademark, which is the trademark it uses throughout Mainland China. The Company competes with other telecommunications services providers in all of the thirty-one provinces, autonomous regions and directly-administered municipalities in Mainland China. |
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