Telecom & Wireless
Subscriber Growth For Major Chinese Mobile Companies (CHL, CHU, CHA)
Published:
Last Updated:
Today China Mobile (NYSE: CHL) posted big numbers in its subscriber growth, claiming 500 million mobile users. By this metric, China Mobile can claim the title of the worlds biggest mobile company. However, looking at subscribers in terms of percentage growth over the past year tells a different story. The first chart below compares China Mobile, China Unicom (NYSE: CHU), and China Telecom (NYSE: CHA) on the basis of monthly subscriber growth off the September 2008 base. The second shows the monthly change in each stock price off their respective September 2008 price. (It should it be noted that there is a delay in the release of the monthly subscriber number for each company.)
Chart 1: Monthly Subscriber Growth, September 08-September 09
Chart 2: Monthly change in stock price, September 08-September 09
While some may appreciate steady companies, its hard not to like the exponential growth in China Telecom’s mobile subscriber base.
Garrett W. McIntyre
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
