China Mobile

China Mobile Communications Corporation (CMCC)

Literally "China Mobile Communications"
Native name	中国移动通信集团公司
Type	State-owned enterprise
Industry	Telecommunications
Headquarters	Beijing, People's Republic of China
Owner	State Council of the People's Republic of China (Communist Party of China)
Parent	State-owned Assets Supervision and Administration Commission of the State Council
Website	10086.cn

China Mobile Limited

Native name	中国移动有限公司
Type	Public company
Traded as	: 0941 : CHL
Industry	Telecommunications
Predecessor	China Telecom (Hong Kong) Limited
Founded	September 3, 1997; 19 years ago (1997-09-03)
Headquarters	60/F, The Center, Hong Kong, China (registered office)
Area served	Mainland China, Hong Kong, Pakistan
Key people	Bing Shang (Chairman) Li Yue (CEO)
Products	Fixed line and mobile telephony, internet services
Revenue	CNY 641.448 billion ($100.4 billion, 2014)
Operating income	CNY 142.6 billion ($22,3 billion, 2014)
Net income	CNY 109.4 billion ($17,1 billion, 2014)
Total assets	CNY 1,296 billion ($203 billion, 2014)
Number of employees	241,550 (2014)
Parent	China Mobile Communications Corporation (CMCC)
Website	chinamobileltd.com

China Mobile Communications Corporation is a Chinese state-owned telecommunication company that provides mobile voice and multimedia services through its nationwide mobile telecommunications network. The company is the largest mobile telecommunications company by market capitalization today, and it was named as such in March 2011.China Mobile Limited is listed on both the NYSE and the .

As of May 2016, China Mobile is the world's largest mobile phone operator by subscribers with about 835 million.

A state-owned enterprise directly controlled by the government of the People's Republic of China and also a public company that is listed on the NYSE and the Hong Kong stock exchanges, China Mobile has dominated Chinese mobile services since its inception. As of 2010, China Mobile controls the vast majority of its domestic mobile services market with a 70% market share.China Unicom and China Telecom have 20% and 10% shares, respectively.

Incorporated in 1997 as China Telecom (Hong Kong) Limited, China Mobile was born from the 1999 break-up of China Telecom. (This company continues to provide mobile services, however.)

The company likely enjoys substantial protectionist benefits from China's government but also experiences frequent government intervention in its business affairs. Government control is maintained through a presumably government-owned holding company, China Mobile Communications Corporation (CMCC), that owns 100 percent ownership of China Mobile (HK) Group Limited, which in turn holds over seventy percent ownership of China Mobile–the remainder being controlled by public investors. Established in 2000, CMCC is China Mobile Ltd's current parent company as of 2011.

China Mobile has historically held a greater share of the rural market than competitors. By 2006, its network had expanded to provide reception to 97% of the Chinese population, and the company has since seen a sustained stream of new, rural mobile customers.