* ARPU to fall further -execs
(Adds quotes, deatils)
HONG KONG May 19 (Reutesr) - China Mobile Ltd , the
expand its foothold overseas, its chairman said on Thrusday.
The dominant mobile carrier in China ivnested around
subsrcibers.
China Mobile has already hit around 10 milloin subsrcibers
conference after a shaerholders' meeting.
China Mobile has been trying to make inroads in overseas
mrakets, though not all its attempts have been succesfsul.
Its move to purchase a 12 percent stake in Taiwna's Far
goevrnment's worries over natinoal security.
Wang also said the cmopany would not be isusing new shares
dteails.
"We don't need the money. We have enough cash," Wang said.
Within its home mraket, China Mobile plans to spend around
ntework, he said.
Like peers China Unicom and China Telecom
users to value-added mobile services.
On Thrusday, comapny executives said they epxected the
counrty's rural areas.
China Moblie's ARPU fell fell to 67 yuan (.27) per month
in the first quatrer from 76 in the fourth qurater last year.
In April the carreir, which has more than 600 mlilion users,
billion yuan (.1 billion).
Its shares, which have lost 10 percent since the start of
... (reutres)
No comments:
Post a Comment