SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the Month of March 2018
Commission File Number: 1-14696
China Mobile Limited
(Translation of registrant’s name into English)
60/F, The Center
99 Queen’s Road Central
Hong Kong, China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.:
Form 20-F X Form 40-F ____
Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ____No X_
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .
EXHIBITS
|
Exhibit Number |
|
Page |
|
1.1 |
Announcement with Respect to State Policy Requirements Relating to Network Speed Upgrade and Tariff Reduction, dated March 5, 2018 |
A-1 |
This announcement contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to:
|
|
• |
our business objectives and strategies, including those relating to the development of our terminal procurement and distribution business; |
|
|
• |
our operations and prospects; |
|
|
• |
our network expansion and capital expenditure plans; |
|
|
• |
the expected impact of any acquisitions or other strategic transactions; |
|
|
• |
our provision of services, including fourth generation, or 4G, services, wireline broadband services and services based on technological evolution, and the ability to attract customers to these services; |
|
|
• |
the planned development of future generations of mobile technologies and other technologies and related applications; |
|
|
• |
the anticipated evolution of the industry chain of 4G and future generations of mobile technologies, including future development in, and availability of, terminals that support our provision of services based on 4G and future generations of mobile technologies; |
|
|
• |
the expected benefit from our investment in and any arrangements with China Tower Corporation Limited; |
|
|
• |
the expected impact of the implementation in Mainland China of the policy of “speed upgrade and tariff reduction” on our business, financial condition and results of operations; |
|
|
• |
the expected impact of tariff changes on our business, financial condition and results of operations; |
|
|
• |
the expected impact of new service offerings on our business, financial condition and results of operations; and |
|
|
• |
future developments in the telecommunications industry in Mainland China, including changes in the regulatory and competitive landscape. |
2
The words “aim”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “seek”, “should”, “target”, “will”, “confident”, “hope”, “strive”, “endeavor” and similar expressions, as they relate to us, are intended to identify certain of these forward-looking statements. We do not intend to update these forward-looking statements and are under no obligation to do so.
These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual results may differ materially from information contained in the forward-looking statements as a result of a number of factors, including the risk factors set forth in the “Risk Factor” section of our latest Annual Report on Form 20-F, as filed with the U.S. Securities and Exchange Commission.
3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
|
|
|
CHINA MOBILE LIMITED |
||
|
|
|
|
|
|
|
|
Date: |
March 6, 2018 |
|
By: |
/s/ Li Yue |
|
|
|
|
|
|
Name: |
Li Yue |
|
|
|
|
|
Title: |
Executive Director and Chief Executive Officer |
4
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
ANNOUNCEMENT
STATE POLICY REQUIREMENTS RELATING
TO NETWORK SPEED UPGRADE AND TARIFF REDUCTION
This announcement is made by China Mobile Limited (the “Company”) pursuant to Rule
13.09 of the Rules Governing the Listing of the Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
The Board of Directors (the “ Board ”) of the Company noted that certain state policy requirements relating to network speed upgrade and tariff reduction were mentioned in the Government Work Report delivered at the Thirteenth National People’s Congress of the People’s Republic of China on 5 March 2018, including but not limited to the following: (i) to step up measures to upgrade network speed and reduce tariff; (ii) to achieve full coverage of high-speed broadband access in urban and rural areas; (iii) to expand the coverage of free Internet access in public places; (iv) to significantly reduce the tariffs of household broadband, corporate broadband and dedicated line services; (v) to cancel data “roaming” charges, and reduce mobile data tariff by at least 30% in the year of 2018.
The Company will introduce corresponding measures in due course to further implement the aforesaid state policy requirements. The Company will continue to leverage its overall network advantages, continuously strengthen the innovation of products and businesses, encourage its customers to increase their usage of telecommunications services whilst upgrading speed and reducing tariff in order to achieve a higher turnover despite a lower profit margin, and strive to reduce the impact on operating results of the relevant policy requirements. The Company believes that the aforesaid state policy requirements will accelerate the Company’s transformation in data traffic operation and digital services in the long run.
A-1
In the meantime, investors are advised to exercise caution in dealing in the securities of the Company.
By Order of the Board
China Mobile Limited
Wong Wai Lan, Grace
Company Secretary
Hong Kong, 5 March 2018
FORWARD-LOOKING STATEMENTS
Certain statements contained in this announcement may be viewed as “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from those implied by such forward-looking statements. In addition, the Company does not intend to update these forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company’s most recent Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission.
As at the date of this announcement, the Board of Directors of the Company comprises Mr. Shang Bing, Mr. Li Yue, Mr. Sha Yuejia and Mr. Dong Xin as executive directors and Mr. Frank Wong Kwong Shing, Dr. Moses Cheng Mo Chi, Mr. Paul Chow Man Yiu and Mr. Stephen Yiu Kin Wah as independent non-executive directors.
A-2