China Mobile said it plans to increase its capex by almost 22% in 2014 to 225.2 billion Chinese yuan (36.16 billion U.S. dollars). A rapid deployment of 4G mobile networks is the main driver behind the planned increase. China Mobile said: "It was particularly encouraging for the company to be granted a 4G (TD-LTE) license in December 2013. ..The company is determined to spare no effort to build a superior 4G network, aiming to become the world’s largest 4G network with 500,000 base stations that will essentially deliver continuous coverage in all cities, urban areas of counties and key villages by the end of 2014." China Mobile has 446,000 TD-SCDMA (3G) base stations and 881,000 GSM base stations today.
China Mobile reported a 8.3% increase in operating revenue in 2013 to 630.18 billion yuan, but telecoms service revenue rose a more modest 5.4%. Revenues from applications and information services was 9.7% of total revenue, up from 9.6% in 2012. source: China Mobile presentation
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