china mobile ltd-spon adr (CHL) Key Developments
China Mobile Limited Presents at Macquarie Greater China Conference, May-04-2015
May 1 15
China Mobile Limited Presents at Macquarie Greater China Conference, May-04-2015 . Venue: Conrad Hong Kong Hotel, Hong Kong, Hong Kong. Speakers: Grace Wong, Company Secretary and Deputy General Manager, Investor Relations, Li Qian, General Manager, Hong Kong Headquarters and Investor Relations.
China Mobile Limited Reports Un-Audited Earnings Results for the First Quarter Ended March 31, 2015
Apr 21 15
China Mobile Limited reported un-audited earnings results for the first quarter ended March 31, 2015. The company reported net profit attributable to shareholders decreased 5.6% year on year to RMB 23.8 billion compared to RMB 25.2 billion, EBITDA increased 2.8% from a year earlier to RMB 59.2 billion compared to RMB 57.6 billion and operating revenue reached RMB 160.9 billion in the first three months, 3.9% more than RMB 154.8 billion reported in the same period of last year.
Huawei and China Mobile Launch Software-Defined Clock Network
Apr 13 15
Huawei and China Mobile have released a software-defined Clock Network service. The platform is designed to provide centralized control and automated management of clock synchronization networks. The service automatically computes, plans and provisions the clock paths based on the overall physical network topology, in an attempt to eliminate the risks associated with manual planning. The embedded algorithm can compute and plan a clock network with tens of thousands of nodes in a few minutes, without introducing synchronization loops. The platform also provides performance monitoring, assessment, optimization and trouble-shooting options.
China Mobile Limited Announces Audited Consolidated Cash Flow Results for the Year Ended December 31, 2014
Apr 8 15
China Mobile Limited announced audited consolidated cash flow results for the year ended December 31, 2014. For the year, the company reported net cash generated from operating activities carried forward of RMB 211,022 million compared to RMB 224,985 million a year ago. Cash generated from operations was RMB 250,062 million compared to RMB 268,207 million a year ago. Capital expenditure was RMB 170,776 million compared to RMB 138,997 million a year ago.
China Mobile Limited Announces Audited Consolidated Earnings Results for the Year Ended 31 December 2014; Provides Capex Guidance for the Year 2015
Mar 19 15
China Mobile Limited announced audited consolidated earnings results for the year ended 31 December 2014. For the year, total revenue was RMB 641,448 million compared to RMB 630,177 million a year ago. Profit from operations was RMB 117.334 million compared to RMB 135,649 million a year ago. Profit before taxation was RMB 142,592 million compared to RMB 158,579 million a year ago. Profit for the year was RMB 109,405 million compared to RMB 121,803 million a year ago. Profit attributable to equity shareholders of the company was RMB 109,279 million or RMB 5.35 per diluted share compared to RMB 121,692 million or RMB 5.98 per diluted share a year ago. EBITDA was RMB 235,259 million compared to RMB 240,426 million a year ago. The company posted 10.2% decline in its net profit, hit by the government's new VAT regime and a fiercely competitive mobile market.
For the year 2015, the company expects lower capex, including reducing its 4G spending to RMB 72.2 billion. Overall its capital spending will come in at RMB 199.7 billion in 2015, down from RMB 213.5 billion last year.