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China Mobile’s Revenue Growth and 5G Expansion in 2024
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China Mobile’s Revenue Growth and 5G Expansion in 2024

China Mobile (DE:CTM) has released an update.

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China Mobile reported a 2% increase in operating revenue to RMB791.5 billion for the first three quarters of 2024, with telecommunications services contributing RMB678.0 billion. Despite a 2% decline in EBITDA, profit attributable to equity shareholders rose by 5.1% to RMB110.9 billion, driven by a growing customer base, including 539 million 5G network users.

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