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China Mobile Q1 profit up 4% to $3.6b

By Ma Si | China Daily | Updated: 2017-04-22 06:59

Show boosted by higher revenue from telecoms services and demand for data

China Mobile Ltd, the world's biggest telecom carrier by subscribers, reported that its first-quarter net profit jumped 3.7 percent to 24.8 billion yuan ($3.60 billion), boosted by consumers' growing demand for data traffic and higher revenue from telecom services.

The Beijing-based company said that as more consumers upgrade to the 4G network, China Mobile's data traffic jumped 101 percent from a year earlier.

China Mobile Q1 profit up 4% to $3.6b

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