China Mobile Profit Rises on Record Gain in Users – Janet Ong
From Bloomberg: China Mobile Ltd., the world’s largest wireless operator by market value, increased fourth- quarter profit 19 percent after cutting prices and expanding into rural areas. Net income rose to 19.9 billion yuan ($2.6 billion) from 16.7 billion yuan a year earlier. Fourth-quarter profit was derived by subtracting nine-month results from full-year earnings reported […]