China Mobile Limited Closed Now

China Mobile Limited is China’s largest wireless carrier, serving a broader telecommunications and digital services role. Established in 1997, it evolved from the state-owned China Mobile Communications Group into the public China Mobile Limited while retaining state ownership and strategic oversight.

For fiscal year 2024, the company reported US $128.0 billion in revenue, positioning it around #28 globally in the Fortune Global 500 rankings. It remains one of the world’s most valuable telecom operators by revenue. (en.wikipedia.org, statista.com)

China Mobile employs approximately 455,000 people, supporting telecommunications infrastructure deployment and digital service delivery across China and overseas markets, including Africa and South Africa’s mobile networks. (en.wikipedia.org)

The company operates a vast network—over 1.6 billion mobile subscribers and more than 800 million 5G connections at the close of 2024. It leads globally in base station deployment, fiber optics rollout, and telecom innovation. China Mobile’s services span prepaid and postpaid mobile, broadband, IoT connectivity, enterprise cloud and data center offerings, and app/API ecosystems including digital financial services, entertainment, and smart city solutions.

China Mobile plays a strategic role in China’s digital transformation, coordinating with national initiatives around smart cities, industrial IoT, and e-government platforms. Research and infrastructure investments in 6G, edge computing, and network virtualization reinforce its industrial leadership. The company also continues limited international expansion, notably in Pakistan and selective African markets.

In fiscal 2025, China Mobile targets revenue growth of 5–7% and plans further dividend expansion and capex deployment—estimated at ¥285 billion (~US $40B) focused on network rollout, 5G maturity, and emerging enterprise services. (en.wikipedia.org)

China Mobile’s strategic focus centers on maintaining scale leadership, digital innovation, and diversification beyond core telecom into enterprise cloud, value‑added services, and data-driven smart infrastructure.