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Emerging from a reorganization of China’s telecommunications sector in 1997, China Mobile was spun off from the larger China Telecom. Two years later, it became an independent company known as China Mobile (Hong Kong) Limited and established its position on the New York and Hong Kong stock exchanges.

In the early years of the 21st century, the company undertook aggressive strategies to expand its network and attract subscribers across the mainland. This led to the company becoming the world’s largest mobile operator. In terms of technological advancement, the company has made significant progress: it deployed a 3G network in 2009, 4G in 2013, and launched 5G services in 2019.

By mid-2021, China Mobile’s operations will cover all of mainland China and Hong Kong, and its customer base will exceed 950 million mobile users. Committed to innovation, the company continues to invest heavily in promising technologies such as 5G and artificial intelligence. This strengthens its leading position in the domestic market and enables it to introduce state-of-the-art services. Despite its extensive operations, the company remains predominantly owned by the Chinese government. It closely aligns its corporate strategies with government initiatives such as accelerated 5G deployment and digital transformation.