China Mobile Communications Corporation
China Mobile Limited (the “Company”, and together with its subsidiaries, the “Group”) was incorporated in Hong Kong, China on 3 September 1997. The Company was listed on The Stock Exchange of Hong Kong Limited (Hong Kong Stock Exchange) on 23 October 1997, while its American Depositary Shares (ADSs) were listed on the New York Stock Exchange (NYSE) on 22 October 1997. The Company’s NYSE listing was subsequently delisted, with the delisting becoming effective on 18 May 2021. On 5 January 2022, the Company’s RMB ordinary shares (A Shares) were listed on the Main Board of the Shanghai Stock Exchange (SSE). On 19 June 2023, an RMB counter was introduced for trading the Company’s Hong Kong-listed shares.
As a leading ICT services provider in mainland China, the Group provides communications and information services across all 31 provinces, autonomous regions and directly administered municipalities in mainland China, as well as in Hong Kong SAR. China Mobile operates one of the world’s largest telecommunications networks and customer bases and maintains a leading position in profitability, brand value and market value. Its businesses encompass voice, mobile data, broadband, dedicated lines, IDC, cloud computing, IoT and other digital services, serving the Customer, Home, Business and New (CHBN) markets.
As of 30 June 2025, the Group had approximately 450,000 employees, 1.005 billion mobile customers and 323 million wireline broadband customers. For the first half of 2025, the Group reported operating revenue of RMB543.8 billion.
China Mobile has also developed a broad portfolio of capabilities beyond traditional connectivity, including cloud computing, data centres/IDC, IoT, information systems integration, financial technology, e-commerce, AI and other digital services. Its corporate structure includes specialized subsidiaries such as China Mobile International Limited, China Mobile Financial Technology, China Mobile IoT, China Mobile System Integration and other technology and digital businesses.
China Mobile maintains an international presence through China Mobile International Limited and its overseas operations, including China Mobile Hong Kong (CMHK) and CMPak/Zong in Pakistan, alongside international network, connectivity and roaming partnerships. China Mobile International also supports the Group’s global connectivity, data centre, cloud and enterprise service activities.
The Group's international connectivity footprint is supported by extensive roaming and international transmission capabilities. In 2024, China Mobile reported 4G international roaming services in 241 countries and regions and 5G international roaming services in 87 countries and regions, reflecting its substantial global connectivity ecosystem.
China Mobile continues to be recognized among the world's leading corporations. In 2024, the Company was included in Forbes' Global 2000 – The World's Largest Public Companies and Fortune's Global 500. The China Mobile brand was also ranked 63rd in BrandZ™ Top 100 Most Valuable Global Brands 2024.
The Company’s corporate credit ratings are currently equivalent to China's sovereign credit ratings, namely A+ / Outlook Stable from Standard & Poor’s and A1 / Outlook Negative from Moody’s.
