China Mobile (中国移动) posts 1.05 trillion yuan revenue in 2025, adds 1.005 billion mobile customers

Financial highlights

It has been reported that China Mobile (中国移动) posted total revenue of 1.05 trillion yuan for 2025, a year‑on‑year increase of 0.9%, while its mobile subscriber base reached 1.005 billion. The modest revenue rise and the crossing of the 1 billion‑customer mark were disclosed in the company's 2025 financial results, according to a report by ifeng. That scale keeps China Mobile firmly among the world's largest telecom operators; 1.05 trillion yuan is roughly $145 billion at current exchange‑rate levels.

Why it matters

Growth of less than 1% shows how saturated China’s consumer telecom market has become. Reportedly, China Mobile’s performance was underpinned by continued uptake of 5G packages and value‑added services rather than a big jump in new users. For Western readers: China Mobile is a state‑linked national carrier that competes with China Unicom (中国联通) and China Telecom (中国电信) in a market of roughly 1.4 billion people, and its results are often read as a barometer of broader digital adoption in China.

The outcome also arrives against a strained geopolitical backdrop. While China Mobile’s domestic scale strengthens Beijing’s control over national telecom infrastructure, foreign regulators have in recent years tightened scrutiny and restrictions on some Chinese telecom and technology firms for security reasons. How these tensions will affect international expansion and supply‑chain access remains a central question for investors and policymakers alike.

Can China Mobile sustain subscriber growth when most urban households already have mobile service? The answer will hinge on higher‑value services, rural penetration, and how Beijing’s industrial and digital policies shape investment in 5G, cloud and edge computing across the next reporting cycle.