Report
Dan Baker
EUR 147.86 For Business Accounts Only

Mobile Subscriber Market Evening up While China Mobile Dominates Broadband

While we acknowledge that simple customer addition numbers are less relevant in a slower growing market than they are when a market is growing at full steam, we note that in customer addition terms, competition in the Chinese mobile market is evening up. From the beginning of 2009 until the end of 2013, the “3G era,” China Mobile added 50% of new customers in the market while the remaining new customers were shared roughly equally between China Telecom and China Unicom. Relishing the opportunity...
Underlying
China Telecom Corp. Ltd. Class H

China Telecom is a full services integrated information service operator and wireline telecommunications and broadband services provider in the People's Republic of China. Co. offers wireline and mobile telecommunications services including wireline voice, mobile voice, internet, managed data and leased line, value-added telecommunications services, integrated information application services and other related services. As of Dec 31 2010, Co. had wireline access lines in service of approximately 175 million, wireline broadband subscribers of approximately 63 million and mobile subscribers of approximately 90 million.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Dan Baker

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