China Mobile Limited (the "Company", and together with its subsidiaries, the "Group") was incorporated in Hong Kong on 3 September 1997. The Company was listed on the New York Stock Exchange and The Stock Exchange of Hong Kong Limited on 22 October 1997 and 23 October 1997, respectively. The Company was admitted as a constituent stock of the Hang Seng Index in Hong Kong on 27 January 1998. As the leading mobile services provider in China, the Group boasts the world’s largest mobile network and the world’s largest mobile subscriber base. In 2007, the Company was once again selected as one of the "FT Global 500" by Financial Times, and "The World’s 2000 Biggest Public Companies" by Forbes magazine. Currently, the Company’s corporate credit rating is A/Positive Outlook by Standard and Poor’s and A1/Outlook Stable by Moody’s (respectively equivalent to China’s sovereign credit rating).
The Company owns 100 per cent. interest in the following operating subsidiaries:
- China Mobile Group Guangdong Company Limited
- China Mobile Group Zhejiang Company Limited
- China Mobile Group Jiangsu Company Limited
- China Mobile Group Fujian Company Limited
- China Mobile Group Henan Company Limited
- China Mobile Group Hainan Company Limited
- China Mobile Group Beijing Company Limited
- China Mobile Group Shanghai Company Limited
- China Mobile Group Tianjin Company Limited
- China Mobile Group Hebei Company Limited
- China Mobile Group Liaoning Company Limited
- China Mobile Group Shandong Company Limited
- China Mobile Group Guangxi Company Limited
- China Mobile Group Anhui Company Limited
- China Mobile Group Jiangxi Company Limited
- China Mobile Group Chongqing Company Limited
- China Mobile Group Sichuan Company Limited
- China Mobile Group Hubei Company Limited
- China Mobile Group Hunan Company Limited
- China Mobile Group Shaanxi Company Limited
- China Mobile Group Shanxi Company Limited
- China Mobile Group Neimenggu Company Limited
- China Mobile Group Jilin Company Limited
- China Mobile Group Heilongjiang Company Limited
- China Mobile Group Guizhou Company Limited
- China Mobile Group Yunnan Company Limited
- China Mobile Group Xizang Company Limited
- China Mobile Group Gansu Company Limited
- China Mobile Group Qinghai Company Limited
- China Mobile Group Ningxia Company Limited
- China Mobile Group Xinjiang Company Limited
- and China Mobile Peoples Telephone Company Limited
and operates nationwide mobile telecommunications networks in all 31 provinces, autonomous regions and directly-administered municipalities in Mainland China and in Hong Kong SAR through these thirty-two subsidiaries.
As of 31 December 2007, the Group had a total staff of 127,959 and a subscriber base of over 369.3 million, and enjoyed a market share of approximately 69.3 per cent.in Mainland China. The Group’s GSM global roaming services covered 231 countries and regions and its GPRS roaming services covered 161 countries and regions.
The Company's majority shareholder is China Mobile (Hong Kong) Group Limited, which, as of 31 December 2007, indirectly held an equity interest of approximately 74.33 per cent. of the Company through a wholly-owned ubsidiary, China Mobile Hong Kong (BVI) Limited. The remaining equity interest of approximately 25.67 per cent. of the Company was held by public investors.
