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China Mobile In recent years, profit growth has been slowing down, analysts said, because China Mobile is to spend time developing value-added and data services business, overseas acquisition will boost its profit growth in the near future the only way out. 3 22 message, according to foreign media reports, China Mobile Ltd. (hereinafter referred to as: China Mobile), Chairman Wang Recent media interview, said that China Mobile is focused on Asia and Africa Market Acquisition and investment opportunities. Wang also pointed out that expansion through acquisition, China Mobile will continue to invest in the domestic market are China, since the market still has tremendous growth potential. 2009 annual profit growth slowed down again Most users most of the telecom operators, China Mobile's profit growth has been slowing in recent years; According to announcement shows, China Mobile net profit in 2009 grew only 2.3%, to RMB 115.2 billion, an increase of less than 2008 30%. Wang in an interview that the increased competition has eroded the profitability of the company, China Mobile want to look for other growth opportunities overseas. This, the foreign media reports quoted the comment, said Wang's view that China Mobile is taking a more active acquisition strategy in order to seek further development. Investment by Shanghai Pudong Development Bank, or the profit growth China Mobile, the only time to date acquisition in 2006 to 3.38 billion Hong Kong dollars (436 million U.S. dollars) to buy the Hong Kong mobile operators ChinaResources Peoples TelephoneCo.. Earlier this month, China Mobile and Shanghai Pudong Development Bank Co., Ltd. (ShanghaiPudong Development BankCo., Referred to as: Shanghai Pudong Development Bank) agreement, which will be 5.83 billion U.S. dollars acquisition of a 20% stake, aims to develop mobile payment services. Last year, China Mobile also reached to the Far EasTone Telecommunications Co., Ltd. (Far Eas ToneTelecommunications Co.) NT 17.7 billion investment agreement. Goldman Sachs recently to China Mobile's target price raised to 90.00 Hong Kong dollars from 86.00 Hong Kong dollars, which to some extent, reflects the company's investment in Shanghai Pudong Development Bank profit growth potential. Concerned about high prices overseas takeover bid for the assets but not Analysts said China Mobile is to spend time developing value-added and data services business, overseas acquisition will boost its profit growth in the near future the only way out. Mr Wang said China Mobile did not participate in the recent auction of African assets. Wang pointed out that although China Mobile is plenty of capital (last year the company has 34 billion U.S. dollars in cash), but the company will not bid high prices of assets. The trade, which is why China Mobile has not bid for Kuwait's assets in Africa or Nigeria telecom stake reasons. Government of Nigeria is Nigeria's telecom auction portion of the shares, while China Mobile's rival China United Network Communicate (Hong Kong) Co., Ltd. (China Unicom (HongKong) Ltd., Referred to as: China Unicom ) Has said it will consider the possibility of equity investment. We are high quality suppliers, our products such as Postpartum Gather Blood Device , Vacuum Blood Collection for oversee buyer. To know more, please visits Urine Drainage Bag.
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