Latest News:  
Beijing   Overcast/Cloudy    14 / 4   City Forecast

People's Daily Online>>China Business

China Mobile profits up 5.2 pct in 2011


13:38, March 16, 2012

BEIJING, March 16 (Xinhua) -- Chinese telecommunications giant China Mobile said its net profits hit 125.9 billion yuan (19.92 billion U.S. dollars) in 2011, an increase of 5.2 percent year-on-year.

Operating revenues grew 8.8 percent year-on-year to 528 billion yuan during the period on surging wireless Internet businesses, the operator said in a statement filed to the Shanghai Stock Exchange.

The company said it planned to increase its capital expenditure by 2.6 percent to 131.9 billion yuan in 2012.

In 2011, China Mobile added 65.55 million users, bringing the total number to 650 million.

As of the end of 2011, subscribers to the company's 3G services totalled 51 million, accounting for 40 percent of the domestic market.

The company said it will speed up the commercialization of TD-LTE technology to further drive growth, with pilot programs expected to roll out in 9 cities in 2012.

It said it also aims to bring the number of TD-LTE base stations to 200,000 by 2013.


Leave your comment0 comments

  1. Name


Selections for you

  1. USS Blue Ridge visits Hong Kong

  2. Endangered animals call for attention

  3. Spring ploughing season arrives in Yunnan

  4. China's own cartoon exhibition kics off

Most Popular


  1. Obama brings new trade case against China
  2. Giving is an aid to prosperity
  3. Rare earth case reveals US hypocrisy
  4. What international order should world build?
  5. Is morality improving or declining in China?
  6. China's development contributes world economy
  7. China's diplomacy needs courage and strategy
  8. Death penalty does not hold answer to corruption
  9. Socialist democracy to illuminate China's future
  10. Truth about Tibet is slowly coming to light

What's happening in China

Real estate trade fair kicks off in Shanghai

  1. "Two sessions" sign language sends good signals
  2. Levi's, Jack & Jones jeans fail quality tests
  3. Watches top gripe list for luxury goods
  4. Social security fund earns 18.6% return
  5. Online group buying to be regulated

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai