China Mobile 2012 profit rises just 2.7 percent
HONG KONG (AP) — State-owned phone carrier China Mobile says profit rose just 2.7 percent last year as it grappled with fierce competition and higher costs. China's three state-owned phone companies are facing increasingly fierce competition as well as costly technology upgrades to support smartphones, tablet computers and other devices. Reported by SeattlePI.com 7 hours ago.
HONG KONG (AP) — State-owned phone carrier China Mobile says profit rose just 2.7 percent last year as it grappled with fierce competition and higher costs. China's three state-owned phone companies are facing increasingly fierce competition as well as costly technology upgrades to support smartphones, tablet computers and other devices. Reported by SeattlePI.com 7 hours ago.