Boosted by its wireless data growth, China Mobile recorded operating revenue of 740.5 billion Chinese yuan (117 billion US dollars) for 2017, up 4.5% from 2016. It said revenue growth in telecommunications services achieved a six-year high of 7.2%, outpacing the industry average. Revenue from wireless data traffic, on a full-year basis, accounted for more than half of the total telecommunications services revenue for the first time.
China Mobile said the total number of connections reached 1.229 billion, of which 887 million were mobile connections, 113 million were wireline broadband connections and 229 million were Internet of Things connections. IoT revenue rose 44% to 5.5 billion yuan
In 2018, the operator is aiming to take its total number of connections above 1.4 billion, partly by adding another 120 million IoT connections.
source: China Mobile statement
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