China Mobile Limited is the leading provider of mobile phone services in China. Their main focus is on voice calls both inside and outside of China. They provide GSM roaming in 237 countries and regions and GPRS roaming in 182 countries and regions. Value added services include caller ID, voice mail, conference calling and more. Data transmission services include SMS, WAP and MMS. The company was incorporated as China Mobile Limited in Hong Kong in 1997 and trades on NYSE (CHL) and SEHK (0941). Only 25.78% of the company is publicly owned.

China Mobile Limited has only two noteworthy competitors. China Unicom Limited and China Telecom Corporation Limited. China Unicom incorporated in 2000 and provides similar mobile services in addition to land line and Internet services. China Telecom was founded in 2002 and provides mobile services, land line and Internet services to China.

China Mobile’s focus on mobile services has made them the dominant player in China with a customer base in excess of 570 million. China Telecom’s mobile customer is base is just over 56 million and China Unicom has almost 150 million mobile subscribers.

China mobile has the largest market capitalization of the three at $205.76 billion vs $74.59 billion for China Unicom and China Telecom combined. As of November 8, 2010, China Mobile stock is at $51.28 vs $48.00 one year ago. China Unicom is at $14.06 vs $13.57 one year ago. China Telecom is at $51.25 vs $45.78 one year ago.

Dividend Information
CHL has some solid numbers. Their annual dividend is 1.64 which gives it a yield of 3.2%. EPS is 4.36 and the PE ratio is just 11.77. They have also resumed raising their dividend in 2010.

Dividend History
2010: 1.63
2009: 1.59
2008: 1.61