China Mobile's H1 Revenue Growth Driven by 5G Subscriber Surge

Monday, 12 August 2024, 08:52

China Mobile's H1 revenues saw a growth of 3%, with key advancements in 5G technology. This growth is fueled by a remarkable addition of 49 million 5G subscribers, bringing the total to 514 million. The company's robust performance highlights its significant strides in the telecommunication sector.
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China Mobile's H1 Revenue Growth Driven by 5G Subscriber Surge

China Mobile Reports Strong H1 Performance

China Mobile has announced an impressive growth of 3% in its H1 revenues. This growth is primarily attributed to the rapid expansion of its 5G subscriber base. The company ended the first half of the year with 514 million 5G subscribers, marking a net addition of 49 million 5G customers during this period.

Significant Growth in 5G Subscribers

This substantial increase in 5G subscribers is indicative of China Mobile's commitment to innovation and technological advancement. As the demand for faster and more reliable cellular networks grows, China Mobile is positioning itself as a leader in the telecommunications sector.

  • Key Highlights:
  • 3% revenue growth in H1
  • 514 million total 5G subscribers
  • 49 million net new subscribers added

As the competition in the telecom industry intensifies, companies like China Mobile are continually striving to enhance their services to meet consumer demands.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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