China Mobile posts 8.8% revenue increase

22 Aug 2011

China Mobile has posted revenue of RMB250.1 billion (USD39.1 billion) for the first six months of 2011, up 8.8% year-on-year. EBITDA meanwhile increased 6.5% to produce an EBITDA margin of 49.6%. The figures were boosted by a net increase of 33 million new users between January and June coupled with an 18.5% increase in data revenue. Non-voice services now account for 32.2% of total sales. A further 11.85 million customers were added during July, taking the company’s total subscriber base to 621.9 million, of which 37.6 million are 3G subscribers.

China, China Mobile, China Mobile Communications Group