Telecom: China Mobile, world's No 1
(Shanghai Daily )
Updated: 2006-08-15 14:49 China Mobile Ltd has overtaken Vodafone Group Plc
as the world's biggest mobile phone company by market value, the Sunday
Telegraph reported.
China Mobile's market capitalization reached HK$1.02 trillion (US$132
billion) after the stock closed at HK$51.50 in Hong Kong on Friday. Vodafone's
market value fell 6 percent in the past week to 57.9 billion pounds (US$110
billion) in London, or 110 pence a share.
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