HONG KONG (Nikkei Markets) -- China Mobile, the world's largest mobile services provider, is pursuing new growth drivers to circumvent the pressure on its traditional revenue streams as it gears up for a commercial rollout of fifth-generation internet services.
The state-owned company's revenue and profits have been under pressure over the past few quarters because of a saturating market for fourth-generation internet services users and government demands that telecom companies reduce tariffs while enhancing speeds. To boost data traffic, China Mobile has been developing products that combine content and applications, and setting up digital platforms that help connect devices in households.
