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  • Rank55
  • Previous Rank55
  • CEO
    Li Yue
  • Address
    29 Jinrong Ave., Beijing 100033
  • Websitehttp://www.10086.cn
  • Industry
    Telecommunications

China Mobile is the biggest wireless phone provider in the world, with more than 800 million customers and a 60% share of its home nation’s telecom market. The last two years have been particularly good to China Mobile, thanks in part to two largely unrelated tech trends: The company’s 4G network, seen as a big improvement over its 3G network, helped it sign up a new wave of customers. And a wider migration from Android devices to the iPhone among Chinese customers also benefited China Mobile, which is Apple’s main service-provider partner in China. The company can’t afford to rest on its laurels, however. China’s cellphone market is maturing as the country nears 100% penetration, and some investors have criticized China Mobile for not doing more to curb operating costs. Government officials have also faulted the country’s cell providers for not offering faster data speeds, and many analysts believe that the state could either break up China Mobile or divert some of its resources to the two other state-owned telecoms in the name of improving service.

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Company Information

CEO
Li Yue
Industry
Telecommunications
Sector
Telecommunications
HQ Location
Beijing, China
Websitehttp://www.10086.cn
Years on List15
Government owned 50% or more.

Key Financials (last fiscal year)

($ Millions)% change
Revenues107,529.4-0.1%
Profits10,451.213.6%
Assets246,748.8-
Employees274,347-

Profits as a % of

Profit as % of Revenues9.7%
Profits as % of Assets4.2%
Profits as % of Stockholder Equity7.7%