China Mobile, 4G, and 2014

China Mobile communications is one of the world’s largest mobile telecommunication companies with worldwide subscribers over 800 million. China Mobile Communications Corporation is a Chinese state owned company. The company is publically traded and is listed on both New York Stock Exchange (NYSE) and Hong Kong stock exchange. The company is traded with the symbol CHL on NYSE. The CHL stock is currently traded at New York Stock Exchange at $45.5. China Mobile is the largest telecommunication company by market capitalization with market cap over $1,400 Billion. The company offers wireless data transfer services (voice and SMS) and other data services for the mobile users. ChinaMobile stock price has seen many good years in terms of return but the last year was tough on the company with the stock giving a negative return of 11% over the year. The company however has setup new plans for the year 2014 the main of which Is related to its 4G operations. The company finally got the 4G license at the end of last year and has now announced that it will be aggressively marketing its 4G and plans to reach the target of 100 million 4G subscribers till the end of 2014. The company in 2014 might not be able to get very good earnings per share since it plans to invest heavily in marketing its 4G service but experts expect that the company will be able to reach its target of 100 million subscribers which will prove to be very rewarding for the investors.