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China Mobile (Hong Kong) Ltd, together with its subsidiaries, was incorporated in Hong Kong on September 3, 1997 and listed on the Hong Kong and New York Stock Exchanges in October 1997. The company operates mobile networks in all the 31 provinces, municipalities, and autonomous regions of China through 31 wholly-owned subsidiaries.
China Mobile (Hong Kong) is the leading mobile services provider in mainland China and boasts the world’s largest unified, contiguous all-digital mobile network and the world’s largest mobile subscriber base. As of May 31, 2005, the company had a subscriber base of 220.51 million, consisting of 60.51 million contract and 160 million pre-paid customers.
China Mobile (Hong Kong) provides mobile telecommunication services primarily through the GSM platform. The company also provides voice and data services including wireless data and Internet access.
China Mobile (Hong Kong) Ltd’s majority shareholder is China Mobile (Hong Kong) Group Ltd, which, as of December 31, 2004 indirectly held an equity interest of approximately 75.6% of the company through a wholly-owned subsidiary, China Mobile Hong Kong (BVI) Ltd. China Mobile Hong Kong (BVI), in turn, is wholly-owned by China Mobile Communications Corporation (CMCC), the ultimate parent company. The remaining 24.4% of the shares were held by public investors, including Vodafone Group of the UK, with an approximate 3.26% interest. No other persons own 5% or more of China Mobile’s shares.
As of May 31, 2005, approximately 75.5% of China Mobile’s shares were held by China Mobile (Hong Kong) Group.
Note: This profile is about China Mobile (Hong Kong) Ltd, which is referred to as China Mobile from this point on. It should also be
noted that CMCC often places contracts with equipment suppliers that cover China Mobile companies.
