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China Mobile Reaches 683 Million Users, Wireless Data Traffic up 184% in 1H2012

China Mobile reported revenue of RMB266.5 billion (US$41.8 billion) for the first half of 2012, up 6.6% over the same period last year, as profits increased by 1.5% over the same period last year to RMB62.2 billion. EBITDA slightly decreased by 0.9% over the same period last year to RMB123.1 billion, with EBITDA margin reaching 46.2%.

Despite increased mobile penetration rates and intensified competition, China Mobile had a net addition of 33.51 million customers, bringing the total customer base to 683 million. The mid- to high-end customer base remained stable. Revenue derived from wireless data traffic, as a component of data services revenue, achieved RMB29.2 billion, up 51.6% over the same period last year.

Some highlights for the first half of 2012:

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