China Mobile improves EBITDA, prepares for 5G as revenues dip lower in H1

[ad_1]

(Telecompaper) China Mobile reported revenues down 0.6 percent to CNY 389.4 billion, as government pressure to reduce prices and tough competition weighed on results. EBITDA still grew 3.6 percent to CNY 151.1 billion, good for a margin of 38.8 percent, up 1.6 percent points. 

[ad_2]

Source link