New operation of China Mobile to contribute 20-25% income
Li Yue, Vice-President of China Mobile Communications Corporation, the parent of China Mobile (0941), said that in the coming five years, the new operation will contribute to 20-25% of the income. The wireless data transfer operation will be the focus in future. The new operation represented 8% and 10% of the total revenue of the company in 1999 and 2000 respectively.
Related stock : (941)