China Mobile reported revenue of RMB542.7 billion (US$80.30 billion) for the first nine months of 2016, up by 4.3% over the same period last year; of which, revenue from telecommunications services was RMB481.2 billion, up by 5.4% over the same period last year. There was a profit of RMB88.1 billion, up by 3.1% over the same period last year.
Some highlights:
- As of 30 September 2016, the number of mobile customers was 844 million, representing a net increase of 17.42 million for the first three quarters.
- ARPU of mobile customers increased by 1.7% year-on-year to RMB60.0.
- Of the mobile customers, the number of 4G customers was 481 million, representing a net increase of 168 million for the first three quarters.
- Handset data traffic increased by 131% over the same period last year.
- As of 30 September 2016, the total number of wireline broadband customers was 74.24 million.
- The number of net additional wireline broadband customers for the first three quarters was 19.21 million with ARPU basically remaining stable at RMB33.0.