'Change at the top' for China Mobile

0 Comment(s)Print E-mail China Daily, March 22, 2012
Adjust font size:

Wang Jianzhou, chairman of China Mobile Communications Corp, said he enjoyed every day of the past three decades that he spent in the telecom industry and saw the changes in people's lives resulting from technological innovations.

The work of leading the world's biggest telecom carrier has kept him busy. Wang said he was bad at sports and seldom exercises. When reporters asked him what he'd do after his retirement, he said he had no idea. Obviously, he thinks little about a life without work.

Nonetheless, the 63-year-old Wang said last week in Hong Kong that he was ready for retirement within the year.

The Chinese financial website caixin.com reported on Wednesday that Wang is going to step down on Thursday, and Xi Guohua, Party secretary and vice-chairman of China Mobile, will assume Wang's position.

An official from China Mobile's media relations department, who declined to be identified, said the announcement of Wang's retirement would be released very soon.

Wang took the helm of China Mobile in 2004. In that year, the revenue of China Mobile Ltd was 192.4 billion yuan ($30.4 billion) and its net profit was 42 billion yuan.

Revenue reached 528 billon yuan in 2011, while net profit was 125.9 billion yuan.

During the same period, China Mobile's subscriber base grew to about 650 million in 2011 from 204 million in 2004.

The company started to provide third-generation wireless network services in 2009 and had more than 51 million 3G service users, or about 40 percent of China's 3G market, by the end of 2011, the most among the three Chinese operators.

However, the company also faced challenges and problems. Though its net profit rose 5.2 percent in 2011 and 3.9 percent in 2010, its growth slowed from previous years, when a surge in subscriptions led to double-digit profit increases.

Huang Meng, a telecom analyst with the Beijing-based research firm Analysys International, said that as the number of China's mobile users approaches 1 billion, the market is getting saturated.

Analysts said Wang, who can speak fluent English, has delivered the goods. China Mobile experienced its "most glorious period" in the past seven years, and its brand image was greatly improved by Wang's amiableness and openness to partners, investors and the media, they said.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 四虎影视www四虎免费| 国产极品美女高潮无套在线观看| 中国午夜性春猛交xxxx| 最近2019中文字幕大全第二页| 亚洲欧美精品在线| 神乃麻美三点尽露写真| 四虎影视在线影院4hutv| 顶级欧美色妇xxxxx| 国产欧美日韩精品a在线观看 | 亚洲综合在线另类色区奇米| 在线观看h网站| bban女同系列022在线观看| 怡红院在线影院| 中文字幕丝袜诱惑| 无翼少无翼恶女漫画全彩app| 久久综合九色综合欧洲| 最近在线2018视频免费观看| 亚洲午夜国产精品无码| 欧美日韩不卡视频| 亚洲砖码砖专无区2023| 特级xxxxx欧美| 伊人久久大香线蕉AV一区| 精品久久久久久蜜臂a∨| 另类人妖与另类欧美| 老司机精品视频在线| 国产三级在线免费观看| 贰佰麻豆剧果冻传媒一二三区| 国产性生交xxxxx免费| 99视频全部免费精品全部四虎| 国产特级淫片免费看| 3d动漫h在线观看| 国产精品久久久久aaaa| 青青草原免费在线| 国产精品国产三级国产AV主播| 18禁无遮挡无码网站免费 | 国产精品国三级国产AV| 1313午夜精品理伦片| 国产精品美女在线观看| 8x成年视频在线观看| 国产馆精品推荐在线观看| 91短视频网站|