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Telco’s 2015 profit falls to $16.7b

byCT Report
22/03/2016
in Latest News
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BEIJING: China Mobile said yesterday that its net profit slipped 0.6 percent last year as smaller rivals gained ground in the deployment of lucrative 4G services.

The country’s largest mobile phone carrier said 2015 net profit fell to 108.5 billion yuan (US$16.7 billion) from 109.2 billion yuan a year earlier.

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