Telecom & Internet

The telecom company recorded a profit of $135.2m in the year ended March 2021.

This is intended to prevent and detect crimes related to the use of prepaid SIM cards.

The result represents a drop from $131.58m profit recorded in the six months ending in February 2020.

The company plans to build two additional data centres at the site in Osaka.

The social media giant has reportedly had an issue involving the personal data of some 500 million users.

The service will help expats living in Hong Kong to send mobile top-ups to their families back home.

The bank has estimated China Mobile's mobile service revenue dropped 7% year-on-year.

The company’s smartphone and IoT products revenue grew by 24% and 8%, respectively.

The company also achieved successful 5G network 'co-build co-share'.

The company’s total dividends per share rose 5% YoY to 21 cents.

It also aims to discuss the spectrum utilisation fee for the provision of public mobile services.

The asset could attract interest from other telecom companies as well as private-equity funds.

The company will build a territory wide 5G network.

It will take effect on April 2020.

Around 1,000 government premises will open for applications.

China Tower Corp, Xiaomi Corp and Meituan Dianping had the largest IPOs in H2 2018.