Converge Digest

China Mobile Nears 700 Million Users, ARPU at US$10.71

As of the end of September, China Mobile was serving 698 million lines — the 700 million milestone has likely been crossed as the company continues to add nearly 5.4 million users per month. The company notes that as the number of low usage customers has increased, it is seeing more cases of  “one customer with multiple SIM cards.”

For the first nine months of 2012, China Mobile’s operating revenue of the first three quarters

of 2012 reached RMB408.6 billion, representing an increase of 6.4% compared to the same

period of last year. EBITDA reached RMB187.3 billion, essentially maintained at the level

for the same period of last year. Profit attributable to equity shareholders reached RMB93.3

billion, representing an increase of 1.4% compared to the same period of last year.

Some highlights:

http://www.chinamobileltd.com

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