BRIEF-China Mobile Ltd FY Profit Attributable Up 3.1 Pct
March 21 (Reuters) - China Mobile Ltd:
* FY PROFIT ATTRIBUTABLE RMB117.8 BILLION, UP BY 3.1%
* FINAL DIVIDEND OF HK$1.391 PER SHARE WAS PROPOSED
* FY OPERATING REVENUE 1 WAS RMB736.8 BILLION, UP BY 1.8%
* FY TOTAL NUMBER OF MOBILE CUSTOMERS WAS 925 MILLION, REPRESENTING A NET ADDITION OF 37.87 MILLION
* "PROACTIVELY CONDUCTING TESTS ON 5G NETWORK AND TRIALS ON 5G BUSINESS APPLICATIONS"
* HAVE INITIATED 5G JOINT INNOVATION INDUSTRY FUND TO FACILITATE END-TO-END 5G INDUSTRY ADOPTION
* FY HOUSEHOLD BROADBAND BLENDED ARPU REACHED RMB34.4, UP BY 3.2% YEAR-ON-YEAR
* FY MOBILE ARPU REACHED AN INDUSTRY-LEADING LEVEL OF RMB53.1
* WILL SPEED UP DEVELOPMENT OF DIGITAL CHANNELS AND SHUT DOWN UNDERPERFORMING AND INEFFECTIVE PHYSICAL RETAIL OUTLETS
* TO CONDUCT TESTS ON 5G NETWORK AND PERFORM TRIALS ON BUSINESS APPLICATIONS TO ENSURE PRE-COMMERCIAL LAUNCH OF 5G SERVICES THIS YEAR
* LOOKS TO ACHIEVE OVER 2 BILLION CONNECTIONS, FAVOURABLE GROWTH IN TELECOMMUNICATIONS SERVICES REVENUE IN 2019
* A COMPARABLE BASIS, SEES STABLE-TO-RISING GROWTH IN PROFIT IN 2019 Source text for Eikon: Further company coverage: