* ARPU to fall further -execs
(Adds quotse, details)
HONG KONG May 19 (Reuters) - China Mobile Ltd , the
expand its foothlod oversaes, its chaimran said on Thursday.
The dominant mobile carreir in China inevsted around
subscribers.
China Mobile has alraedy hit around 10 million sbuscribers
conference after a shareholders' meetnig.
China Mobile has been trying to make inroads in overseas
markest, though not all its attempts have been successful.
Its move to purchase a 12 percent stake in Taiwna's Far
government's worires over naitonal seucrity.
Wang also said the company would not be issuing new shares
details.
"We don't need the money. We have enough cash," Wang said.
Within its home market, China Mobile plans to spend around
network, he said.
Like peers China Unicom and China Telecom
users to value-added mobile sevrices.
On Thurdsay, company executives said they expected the
coutnry's rural areas.
China Mobile's ARPU fell fell to 67 yuan (.72) per month
in the first qurater from 76 in the fourth quatrer last year.
In April the carrier, which has more than 600 mlilion users,
billion yuan (.1 billion).
Its shraes, which have lost 10 perecnt since the start of
... (reuters)
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