Financial Times FT.com

Competition takes toll on China Mobile

By Justine Lau in Hong Kong and Kathrin Hille in Beijing

Published: August 20 2009 07:40 | Last updated: August 20 2009 18:22

China Mobile, the world’s largest wireless operator by subscribers, on Thursday re­ported the slowest growth in interim profit since the company listed in 1997.

It also warned that both margins and average revenue per user – a gauge of profitability – would be under pressure as the number of new mobile subscribers slowed down.

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