China Mobile adds 12.63 million subs in 1Q

21 Apr 2006

China Mobile (Hong Kong) has reported its first quarter financial and operational results which show that revenues grew by 18.5% year-on-year to CNY65.015 billion, while profits climbed 27.6% to CNY14.35 billion (USD1.76 billion). 12.63 million new customers joined in the three months ended 31 March 2006 to take the company’s base to an enormous 260.64 million. Full year net profit is forecast to rise 6% to more than USD7.4 billion, according to Reuters estimates.

China, China Mobile