CHL
China Mobile Limited
TMT
01/27/2015
Presented
| Date | 01/22/2015 |
| Price | $67.06 |
| Market Cap | $274.00B |
| Ent Value | $202.02B |
| P/E Ratio | 14.64x |
| Book Value | $32.56 |
| Div Yield | 2.7% |
| Shares O/S | 4,090.74M |
| Ave Daily Vol | 870,000 |
| Short Int | N/A |
Current
| Price | $27.51 |
| Market Cap | $113.16B |
| China Mobile Limited, an investment holding company, provides mobile telecommunications and related services in Mainland China and Hong Kong. It offers voice services comprising local calls, domestic long distance calls, international long distance calls, intra-provincial roaming, inter-provincial roaming, and international roaming, as well as provides voice value-added services, including caller identity display, caller restrictions, call waiting, call forwarding, call holding, voice mail, conference calls, and others. The company also offers data services, such as SMS, a service to deliver and receive text messages, including subscriber-to-subscriber messages, short messages, and others; and MMS, a service that allows user to deliver messages combining graphics, sounds, text, and motion pictures over wireless networks. In addition, it provides wireless data traffic services comprising mobile data traffic and WLAN data traffic; and applications and information services, including mobile music, mobile paper, mobile reading, mobile video, mobile market, etc. Further, the company offers telecommunications network planning design and consulting services; roaming clearance services; technology platform development and maintenance services; and mobile data solutions, system integration, and development, as well as operates a network and business coordination center. Additionally, it is involved in network planning and optimizing construction testing and supervising activities; technology support; development and training of Nokia GSM900/1800 mobile communication system; designing and selling electronic communication products; and provision of non-banking financial services. The company was formerly known as China Mobile (Hong Kong) Limited and changed its name to China Mobile Limited in May 2006. The company was incorporated in 1997 and is based in Central, Hong Kong. China Mobile Limited is a subsidiary of China Mobile Hong Kong (BVI) Limited. |
Publicly traded companies mentioned herein: China Mobile Ltd (CHL, 941 HK), China Telecom Corp Ltd (CHA, 728 HK), China Unicom Hong Kong Ltd (CHU, 762 HK)
Highlights
The presenter is long shares of China Mobile (CHL), and cited its leadership position in the Chinese wireless market, gains from the 4G rollout, and shareholder friendly moves as reasons for optimism. In addition, he is observing with interest a potential IPO of China Communications Facilities Services, a large domestic tower firm co-owned by China Mobile, China Telecom, and China Unicom.
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