China Mobile Limited is an investment holding company. The Company and its subsidiaries provide mobile telecommunications and related services in 31 provinces, autonomous regions and directly-administered municipalities in Mainland China and Hong Kong.
A state-owned enterprise directly controlled by the government of the People’s Republic of China and also a public company which is listed on the NYSE and the Hong Kong stock exchanges, China Mobile has dominated Chinese mobile services since its inception for civilian and military purposes. According to the United States Department of Defense, the company has links to the People’s Liberation Army. As of 2010, China Mobile controls the vast majority of its domestic mobile services market with a 70% market share. China Unicom and China Telecom have 20% and 10% shares, respectively.
Incorporated in 1997 as China Telecom (Hong Kong) Limited, China Mobile was born from the 1999 break-up of China Telecommunications Corporation. (This company continues to provide mobile services, however.)
To become a worldwide leader in the telecommunications world and achieving leapfrog evolution from excellence to preeminence.
Leading role in the development of the mobile communications industry in China and holds an important position in the international arena as well.