On the Record · China Mobile
China Mobile acquisitions, on the record
The businesses China Mobile bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Target Assets and Businesses of China TietongWord for word“In 2015, we, through our wholly-owned subsidiary, China Mobile Tietong Company Limited, or CM Tietong, acquired Target Assets and Businesses of China Tietong, for a final consideration of RMB31,967 million (approximately US$4,934.9 million).” 20-F for 2019 | acquisition | — | RMB31,967 million |
existing telecommunications towers and related assets transferred to China TowerWord for word“CMC transferred its existing telecommunications towers and related assets to China Tower for a final consideration of RMB102,736 million (approximately US$15,859.7 million).” 20-F for 2020 | divestiture | — | RMB102,736 million (approximately US$15,859.7 million) |
"Village Connect" assets from CMCC provincial subsidiariesWord for word“On August 9, 2019, the Group completed an acquisition of assets related to the “Village Connect” project, at a total consideration of RMB873 million.” 20-F for 2020 | acquisition | On August 9, 2019 | RMB873 million |
Read from China Mobile’s annual reports (20-F for 2021, 20-F for 2020, 20-F for 2019, 20-F for 2018) and the financial data it files with the SEC, as of 2022-04-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.