Get Our Weekly Email Newsletter
I.T. Skills In Your China Business!IPS works with institutions and corporate clients to deliver computer skills training and ICT solutions, as well as internal assessments and benchmarking. More Info Here...
China International Fair for Investment and Trade @ Xiamen - 2010/09/08
First International Conference on Networking and Distributed Computing @ Hangzhou - 2010/10/21
Conference on Energy Strategy and Technology @ Beijing - 2010/10/23
11th China Solar PV Conference and Exhibition @ Nanjing - 2010/11/18
The 9th International Conference on Web-based Learning @ Shanghai - 2010/12/08
2010 IEEE International Conference on Information Theory and Information Security @ Beijing - 2010/12/17
China Mobile Net Profit Up 2.3% In 2009
March 19, 2010 |
Print
| 
Email
| 
Comments | Category: Telecom & Wireless
Chinese telecom operator China Mobile has published its annual financial report for 2009, stating that its operating revenue increased by 9.8% year-on-year to CNY452.103 billion, while its net profit increased by 2.3% year-on-year to CNY115.166 billion.
The report said China Mobile's profit rate reached 25.5% in 2009; its earnings before interest, taxes, depreciation, and amortization reached CNY229.023 billion, a year-on-year increase of 5.9%; its profit rate of EBIDTA was 50.7%; and its earnings per share were CNY5.74, an increase of 2.2% compared with the previous year.
For the user sector, China Mobile gained 65.03 million new users in 2009, reaching a total number of 522 million. During the entire year of 2009, the total communication time via China Mobile's network were about 2.919 trillion minutes, with minutes of usage (average monthly communication time per user) of 494 minutes and average revenue per user of CNY77.
The company's value-added services continued to develop last year and made more obvious contributions to its overall income. In 2009, China Mobile's revenue from the value-added services increased by 16% year-on-year and accounted for 29.1% of its total revenue.
For the 3G sector, the second- and third-phase projects of its TD-SCDMA networks had been completed, covering 238 cities across China. By the end of December 2009, China Mobile had gained 3.41 million 3G users.
Related Links:
Recommend this page: 
Loading ...Leave A Comment:
-
Gadgets & Electronics
-
Internet
- Focus Media Dumps Chinese Internet Advertising Company Allyes
- Beijing Computing Center, Dawning Join Hands For Cloud Computing Lab
- Foshan Makes Cloud Computing Move In Southern China
- Shanda Games Launches Outsourcing Platform
- Sohu.com Reports Higher Internet Advertising Revenue, But Drop In Wireless Services
-
Law & Policy
- China's Huawei Accused Of Trade Secret Theft By Motorola
- Beijing Starts Work On Convergence Of Three Networks
- Microsoft's New Gaming Device Will Not Be Sold In Chinese Mainland
- The End Of Social Networking Sites In China?
- EU Launches Anti-dumping Case Against Chinese Wireless Wide Area Networking Modems
-
Security
-
Software
-
Telecom & Wireless
- HTC Launches New Mobile Phone Brands In Mainland China
- Microsoft, Hanvon Team For Development Of Chinese Business Tablet Computer
- Apple Starts iPad Sales In Hong Kong
- Sohu.com Reports Higher Internet Advertising Revenue, But Drop In Wireless Services
- China's Huawei Accused Of Trade Secret Theft By Motorola
Copyright 2010 ChinaTechNews.com. All Rights Reserved.
If you would like to syndicate these articles and posts for personal non-business use where you will not gain in any monetary way, please utilize the RSS feed for this online publication, which provides a brief summary of each post with a link back to the original article. Posting of any other part of the articles or posts on this website, in whole or in part, is expressly prohibited without express written permission from ChinaTechNews.com. No part of this website may be copied, transferred, posted, or published without the express written permission of ChinaTechNews.com or its registered agents. Content on this website, including articles, opinions, and data are protected under international copyright laws. Failure to comply with these rules will result in legal action. 