China Mobile reported its monthly customer data — there were 5.2 million new users in October, bringing the cumulative additions for the year so far to over 52 million.
- In August, China Mobile announced that Mr. Wang Jianzhou has stepped down as CEO of China Mobile but remains as Executive Director and Chairman of the company. Mr. Li Yue assumes the role of CEO and continues as a Director of the company. Li (age 51) joined China Mobile’s Board of Directors in 2003. He previously served as Deputy Director General and Chief Engineer of Tianjin Long-Distance Telecommunications Bureau, among many other postings. Li holds a Bachelor’s Degree in telephone exchange from the Correspondence College of Beijing University of Posts and Telecommunications, a Master’s Degree in business administration from Tianjin University and a doctoral degree in business administration from Hong Kong Polytechnic University.