China Mobile pays 14.2 bln yuan subsidies for mobile phone sales in H1
BEIJING, Aug 16, 2013 (Xinhua via COMTEX) --
China Mobile (CHL.NYSE; 00941.HK), the
world's largest telecom operator by subscriber number, allocated 14.2
billion yuan in subsidies for its mobile phone sales in the first
half of 2013, said the company's CFO Xue Taohai on Thursday.
Xue said at the company's interim results presentation that 13.8
billion yuan included were paid to subsidize the sales of TD-SCDMA
phones, which reached 66 million sets in the six months.
According to Xue, China Mobile would keep its total subsidies this
year for mobile phone sales within 27 billion yuan as predicted at
the beginning of this year.
Xue also said the company's average revenue per user (ARPU)
decreased to 66 yuan in the period, mainly because most of the
newly-added users were low-end users with low data traffic
consumption. But China Mobile was still attractive to high-end users,
as the number of users with APRU higher than 120 yuan grew 12.6
percent in the first half, higher than the 8.4 percent overall user
growth in the period. (Edited by Li Xiaoyu, Lixy@xinhua.org)
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