China Mobile Ltd. (NYSE:CHL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Friday. According to Zacks, “China Mobile offers mobile communications services…
TECHNOLOGY
China Mobile Profit Increases 3.1% on Rise in 4G Subscribers
China Mobile Ltd.’s profit rose 3.1 percent for the first nine months of the year as the company’s expanded 4G network drew new subscribers. Net income increased to 88.1 billion yuan ($13 billion), compared with…
China Telecom impresses on 4G, data growth
China Telecom, the country’s third largest mobile operator, reported strong results for the January to September period, with its profit and revenue rising 7 per cent and its 4G user base nearly doubling since the…
