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Chairman of China Mobile says cooperation of China Telecom and China Unicom intensifies competition

Updated:2016/3/21 10:29

China Mobile releases the financial results of 2015 on March 17th.

At the press conference of financial results, Shang Bing, chairman of China Mobile pointed out that with China Telecom and China Unicom conducting cooperation on the basis of sharing resources and improving the FDD LTE network coverage, he believed that the market competition will be more intense in the second half of 2016.

Shang Bing also pointed out that China Mobile has added 48 million new 4G subscribers in the first two months in 2016, which is beyond expectation, and China Mobile will maintain the advantages, aiming to make the 4G subscribers reach 500 million by the end of this year. Meanwhile, with the increase of 4G subscribers, ARPU of 4G subscribers will fall slightly but the ARPU of the total subscribers will increase.

 Source:C114
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