Wednesday, February 26, 2020
The Corporate Strategy for China Mobile Communications Literature review
The Corporate Strategy for China Mobile Communications - Literature review Example In relation to the recent financial results, China Mobile (2013) has also informed that the company has been achieving a steady growth with operating revenue of RMB303.1 billion with a growth of 10.4% as compared to the same phase of the previous financial year i.e. 2012. In this context, it is further determined that the telecommunication services of the company have also achieved a growth of 6.8% with an earning revenue of RMB284.7 during the first half of the financial year 2013. During the same period, the data business services of China Mobile had also emerged with a revenue growth of 25.5% i.e. RMB95.4 billion and the growth revenue earned from the telecommunication services increased to 33.5%. 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., 2013).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 companyÃ¢â¬â¢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 RMB63.1 billion.