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The Corporate Strategy for China Mobile Communications Essay Example

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The Corporate Strategy for China Mobile Communications

Correspondingly, the revenue from the wireless data traffic services was also recorded to be RMB47.4 billion with a growth rate of 62.2% as compared to the results of the first six months of last financial year (1China Mobile Ltd.According to the interim report of the year 2013, the report of the company has also highlighted that the revenue structure of China Mobile achieved a remarkable growth throughout the last financial year. In relation to the company’s interim financial statement (2013), China Mobile continued to play a leading role in the information and communication service industry in the context of profitability. The attributable profit to the equity shareholders had also been observed to increase up to 1.5% during the similar financial period of the year 2012 to RMB63. Moreover, the attributable margin of profit to the equity shareholders of China Mobile had also been observed to increase with a rate of 20. In this regard, it is evident that the financial performance of China Mobile had achieved a promising economic development during the first six months of the year 2013. The continuous improvement of the financial stability can also be stated as a major factor related to China Mobile to achieve competitive position in its different diversified business operations in the Chinese telecommunication service industry (2China Mobile Ltd., 2013; China Mobile Ltd.Although the recent financial performance depicts a generous growth of China Mobile, the company has also been recognised to perform a leading role in different economic periods. According to Memon & et. (2003), the financial performance of China Mobile had been observed to show remarkable growth in its wireless telephony services area. During the end of the financial year 2012, the company had gained over 117.7 million of cellular users through representing up to 57% of market share of the overall cellular service users across the Mainland China. Moreover, the wireless services have also gained 74.6% of users from its own telephony service area 

preview essay on The Corporate Strategy for China Mobile Communications
  • Pages: 18 (4500 words)
  • Document Type: Literature review
  • Subject: Business
  • Level: Undergraduate
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