Company News: Page (1) of 1 - 08/25/11 Email this story to a friend. email article Print this page (Article printing at page facebook China Mobile's Net Profit in the First Half is 24 Times of China Unicom

(August 25, 2011)
Beijing, Aug 25, 2011 - (ACN Newswire) - According to the recent research of by yesterday, the three major domestic carriers have announced the performance in the first half. China Mobile's profits are 6 times and 24 times of Telecom and Unicom respectively. Unicom is the only operator whose profit declined. ( reports that in the first half of this year, China Mobile's turnover is 250.1 billion yuan, an increase of 8.8%. The 61.3 billion yuan of net profit grows 6.3% compared with the same period of last year. Its average daily net profit of 334 million yuan once again confirmed the strong profitability of China Mobile. ( points out that China Telecom's profits grow the fastest. The revenues were 120.208 billion yuan in the first half of this year, an increase of 11%. The net profit was 9.808 billion yuan, an increase of 8%. The China Unicom achieved revenues of 108.385 billion, an increase of 22.9%, much higher than China Mobile and Telecom ( But the net profit was only 2.637 billion, a decrease of 5.5%.

The analysts of said that the high subsidy for iPhone end-users is the reason that causes Unicom's ( high revenue and low profits.

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