Driven by a 45% increase in wireless data traffic revenue and a 6% rise in voice services revenue, China Mobile said its operating revenues rose 8.8% in 2011 to 528 billion Chinese yuan (83.4 billion US dollars). Its customer base climbed 11.2% to almost 650 million, including 51 million 3G subscribers (up from 21 million at the end of 2010). SMS and MMS revenue declined 1% to 46.46 billion yuan.
Planning to accelerate the deployment of TD-LTE, China Mobile forecast that its capex will rise slightly to 131.9 billion yuan in 2012, up from 128.5 billion in 2011. It predicted that by 2014 there will be half a million TD-LTE base stations in use worldwide serving more than 100 different devices and covering two billion people. source: China Mobile presentation
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