China Mobile - History

History

A state-owned enterprise directly controlled by the government of the People's Republic of China and also a public company that is listed on the NYSE and the Hong Kong stock exchanges, China Mobile has dominated Chinese mobile services since its inception. As of 2010 China Mobile controls the vast majority of its domestic mobile services market with a 70% market share. China Unicom and China Telecom have 20% and 10% shares, respectively.

Incorporated in 1997 as China Telecom (Hong Kong) Limited, China Mobile was born from the 1999 break-up of China Telecom. (This company continues to provide mobile services, however.)

Read more about this topic:  China Mobile

Famous quotes containing the word history:

    “I am ashamed to see what a shallow village tale our so-called History is. How many times must we say Rome, and Paris, and Constantinople! What does Rome know of rat and lizard? What are Olympiads and Consulates to these neighboring systems of being? Nay, what food or experience or succor have they for the Esquimaux seal-hunter, or the Kanaka in his canoe, for the fisherman, the stevedore, the porter?”
    —Ralph Waldo Emerson (1803–1882)

    “All history becomes subjective; in other words there is properly no history, only biography.”
    —Ralph Waldo Emerson (1803–1882)

    “It is true that this man was nothing but an elemental force in motion, directed and rendered more effective by extreme cunning and by a relentless tactical clairvoyance .... Hitler was history in its purest form.”
    —Albert Camus (1913–1960)