China Mobile posts 6 per cent profit gain on strong jump in 5G users in first half

Source: Tech – South China Morning PostChina Mobile, the world’s largest wireless network operator by subscribers, reported a 6 per cent rise in profit for the first half of this year, boosted by new 5G subscribers and cost-paring efforts.Net profit rose to 59.1 billion yuan (US$9.1 billion) for the six months through June, compared with 55.8 billion yuan in the same period last year, according to the company’s statement on Thursday. Operating revenue advanced to 443.6 billion yuan, up 13.8 per cent from a year earlier. The company…Read More

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