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CHINA MOBILE Forecasts Capex of RMB136.6B This Yr, 37%+ Allocated to Computing/ Smart Networks
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CHINA MOBILE (00941.HK) released its full-year results today (26th). Deputy General Manager Li Huidi indicated that this year's capex was forecasted at RMB136.6 billion, a YoY reduction of 9.5%.

Among the three major networks, investments in computing and smart networks made up of over 37%, Li said. The group's operational performance targets aim for steady revenue growth and synchronized profit growth on a comparable basis.

Related News CHINA MOBILE (00941.HK) Full-Year Net Profit Falls 0.9% to RMB137.095 Billion, Near Lower End of Expectations; Final Dividend Raised to HKD2.52
Regarding the company's latest declared final DPS of HKD2.52, with a full-year declared DPS of HKD5.27, representing a YoY increment of 3.5%, and the full-year payout ratio was 75, the management projected the payout ratio to ascend steadily this year.
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