China Mobile officially announced that Wang Jianzhou will retire from the position of chairman of China Mobile and be replaced by Xi Guohua, effective immediately. This marks the completion of a two-year transition to a new leadership in this Chinese telecom company. The leadership transition began in May 2010 when Wang stepped aside as chief […]
China Mobile Formally Establishes Board Of Directors
13 October 2011
Chinese telecom group China Mobile has announced the formal establishment of its board of directors, and Wang Jianzhou, chairman of China Mobile, signed services contracts with five outside directors. The board of directors of China Mobile is formed by nine members, including chairman Wang Jianzhou; deputy chairman and party secretary Xi Guohua; director and general […]
China Mobile To Invest CNY10 Billion For Wi-Fi In 2011
24 May 2011
Wang Jianzhou, chairman of China Mobile, revealed that the company will continue to develop the Chinese Wi-Fi market and plans to invest CNY10 billion in this sector in 2011. While attending a general meeting held in Hong Kong, Wang said that China Mobile is actively developing its Wi-Fi business and about 30% of its overall […]
China Mobile Changes Its CEO
19 August 2010
China Mobile Limited announced today that its chief executive officer has been replaced. Effective today, Wang Jianzhou has ceased to be the CEO, but he remains executive director and chairman of the telecommunications firm Li Yue, executive director and vice president of the company, has been re-designated as executive director and CEO of China Mobile. […]
China Mobile Appoints New General Manager
02 June 2010
Chinese telecom operator China Mobile has announced adjustments to its executive team and Li Yue, former deputy general manager of China Mobile, was promoted to general manager of the company, replacing Wang Jianzhou.
However, Wang will continue to be China Mobile's chairman and party secretary.
China Mobile's new general manager Li, aged 51, has rich experience in […]
China Mobile, CBC Jointly Announce Commercial Use Of Mobile TV Service
24 March 2010
China Mobile and China Broadcasting Corporation have jointly announced that the TD+CMMB mobile TV service developed by the two parties has officially been put into commercial use.
Zhang Haitao, vice director of the State Administration of Radio, Film and Television, told local media that with the commercial use of China Mobile's mobile TV service, mobile phone […]
China Mobile, University Of Cambridge Sign Cooperation Memorandum
20 October 2009
Chinese telecom operator China Mobile and the University of Cambridge have signed a cooperation memorandum to jointly establish a research and development entity.
This is the first time for China Mobile to implement an R&D communication and cooperation with a British university.
The memorandum confirms the two parties' intension to enhance exchanges in the next three years. […]
China Mobile, HTC Sign TD-SCDMA Cooperative Memorandum
26 August 2009
China Mobile and HTC have signed a TD-SCDMA terminal cooperative memorandum in Taiwan to jointly develop 3G handsets.
Under the memorandum, the two parties will set up a long-term partnership and cooperation in technical research, product development, market research, and customer service.
According to Wang Jianzhou, chairman and CEO of China Mobile, the cooperation between the two […]
China Mobile, Ministry Of Agriculture Jointly Promote Information Development In Rural Areas
22 July 2009
Chinese telecom operator China Mobile has signed a strategic framework agreement with China's Ministry of Agriculture for jointly promoting digital information development in China's rural areas.
Under the agreement, China Mobile will invest CNY70 billion in the next three years in basic communication network and information projects in these areas. The two parties reached cooperation in […]
China Mobile Plans Listing In Shanghai Via CDR
21 May 2009
According to Wang Jianzhou, chairman of China Mobile, the company plans to get back from the Hong Kong share market and seek a listing in Shanghai.
Wang said if the policy allows, China Mobile prefers to issue China Depositary Receipts instead of A-shares, because the listing procedures of CDRs are simpler. In addition, issuing CDRs will […]
China Mobile To Acquire 12% Stake In Far Eastone Telecommunications
30 April 2009
Chinese telecommunications operator China Mobile has announced that the company has invested NTD17.77 billion, which is about CNY3.6 billion, in acquiring a 12% stake in the Taiwan-based telecommunications company Far Eastone Telecommunications.
China Mobile said it will purchase 444 million shares of Far Eastone Telecommunications at the price of NTD40 per share through its wholly-owned subsidiary […]
Rumor Mill: China Unicom Finally Signs iPhone Contract With Apple
25 March 2009
Just days after China Unicom denied rumors of a deal, new reports in Chinese media state China Unicom has finally reached an agreement with Apple to introduce Apple's 3G iPhone into China and the two companies will formally announce the news on May 17, the World Telecommunication Day.
Under the agreement, China Unicom will reportedly give […]
China Mobile Net Profit Up 29.6% In 2008
20 March 2009
Chinese telecommunications operator China Mobile has published its annual financial report for 2008, which states its net profit increased by 29.6% to CNY112.8 billion during the period.
The report also reveals China Mobile's total revenue increased by 15.5% year-on-year to CNY412.343 billion; its earnings before interest, taxes, depreciation and amortization were CNY216.487 billion, a year-on-year increase […]
China Mobile Eyes Roaming Service In Taiwan
16 March 2009
Chairman of China Mobile Wang Jianzhou says that the company is negotiating with three major Taiwanese telecommunications operators to launch a roaming service.
Wang told local media that China Mobile is currently discussing with Chunghwa Telecom, Taiwan Mobile, and Far Eastone Telecommunications on future cooperative agreements. He said while attending the current CPPCC meeting last week […]
Pakistan Welcomes More Chinese Telecom Investment
18 February 2009
China Mobile Pakistan has announced that the company will invest USD500 million in constructions of networks and infrastructures in Pakistan this year to help its "Zong" brand in the country.
Waqar Ahmed Khan, director of the Investment Ministry of Pakistan, expressed his appreciation of China Mobile Pakistan's positive role in promoting the economic growth of Pakistan […]
China Mobile Publishes 2008 CSR Report
18 February 2009
China Mobile, one of the world's largest mobile communications operators, has just published its corporate social responsibility report for 2008.
In the report, China Mobile says that it invested a total of CNY19.5 billion in 2008 to make mobile telephone services accessible in more than 60,000 remote villages in China. In addition, it donated up to […]
Rumor: No Apple iPhone Harvest In China Anytime Soon
10 February 2009
China Mobile is continuing to insist on managing the online sales for Apple's iPhone apps in China, so its negotiation with Apple about introducing the iPhone into China has now stalled.
Quoted by Chinese technology website ZOL.com.cn, an unnamed insider from China Mobile's research institute says China Mobile's chairman Wang Jianzhou revealed that over the past […]
China Mobile Urging Nokia To Accelerate TD-SCDMA Mobile Phone Production
10 February 2009
According to local Chinese media reports, the upper management of China's leading telecommunications operator China Mobile will soon go to Finland to promote Nokia's research and production of TD-SCDMA mobile phones.
To stimulate manufacturers' enthusiasm, China Mobile will, with the help of relevant government departments, provide policy support to international mobile phone manufacturers who support the […]
Ericsson Will Recruit Hundreds Of New Chinese Employees To Support 3G Construction
06 February 2009
While some companies around the world are responding to the financial crisis with job cuts, the newly issued 3G licenses in China have caused Ericsson to plan a hiring spree of several hundred new employees in China in 2009.
Chinese media previously reported that Ericsson China would cut 150 staff in March 2009, accounting for 5% […]
China Mobile, Nokia Sign Dual-band Handsets Contract
20 November 2008
Chairman of China Mobile Wang Jianzhou says that the company will sign a TD-CDMA purchase contract with Nokia to make the Finnish firm its supplier of dual-band handsets compatible of connecting to both GSM and TD-SCDMA networks.