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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Monday, April 20, 2009

Growth Slows at China Mobile

Adding 6.6 million customers each month, China Mobile said its revenue rose 9% in the first quarter of 2009 to 101.27 billion Chinese yuan (14.8 billion US dollars) compared with the same period a year earlier. Curbed by falling prices, that represents a slowdown on the 15.5% revenue growth China Mobile managed in the whole of 2008.

The Beijing-based company's EBITDA rose 8% in the first quarter of 2009 to 53.38 billion Chinese yuan.

During the first quarter, users of China Mobile MMS service rose 5 million to 134 million, while its customers sent 174 billion text messages compared with 158 billion in the previous quarter. source: China Mobile statement

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