China Mobile Completes Over Third of

China Mobile Completes Over Third of "Cuncuntong" Investment

Netease Tech, 6/18/10

China Mobile (NYSE: CHL; 0941.HK) VP Sha Yuejia has revealed that as of the end of 2009, China Mobile had invested a total of RMB 25.3 bln on "Cuncuntong" rural connectivity projects, increasing rural network coverage to 99.72%. Sha said that China Mobile had planned to invest a total of RMB 70 bln on Cuncuntong rural connectivity over a three-year period.

Sha also revealed that the company is currently expanding its rural information service channels and strengthening its sales and services network. 12582, the "Nongxintong" rural information hotline that China Mobile released in 2006, currently has more than 50 mln users around the country.

Keywords: capex Sha Yuejia China Mobile coverage rural wireless Cuncuntong CHL 0941.HK

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