The "brilliant" Mr Wang has left, where is the next stop for China to move?

China Mobile official announced yesterday evening that it had received a notice from the holding company, Xi, on March 22, 2012, that Mr Wang was no longer chairman of the China Mobile Communications Group for age reasons and was chairman of the China Mobile Communications Group. The "brilliant" Mr Wang has left, where is the next stop for China to move?

(reporter Guo Gang) yesterday 9 o'clock in the morning, the main leader of the movement announced the adjustment meeting at China Mobile headquarters. According to the participants, Mr Wang's speech was greeted with enthusiastic applause and Mr Wang rose to bow. But when he was seated, the applause continued to reverberate through the hall, and Mr Wang stood up and bowed. "I could not see the king's expression at that moment, and I was almost in tears when he led us for so many years." One participant told reporters.

China Mobile official announced yesterday evening that it had received a notice from the holding company, Xi, on March 22, 2012, that Mr Wang was no longer chairman of the China Mobile Communications Group for age reasons and was chairman of the China Mobile Communications Group.

Mr Wang

The Board of Directors announces that the company's executive director and Vice chairman, Mr. Xi, shall be the Executive Director and chairman of the company, effective March 22, 2012, upon the proposal of the nominating committee of the company and the Board's consideration and approval. Mr Wang's resignation and Xi's post adjustment came into effect from March 22, 2012. Mr Wang will therefore not be re-elected at the forthcoming annual general meeting.

The news of Mr Wang's departure had already appeared in the market as early as the relevant meeting was held, and China Mobile's Hong Kong-listed company was on a steady trend yesterday, with a modest 0.3% rise, closing at HK $83.4.

As China's mobile "head" for more than 7 years, the outside evaluation of Mr Wang's biggest achievement is to lead China Mobile to take the lead from the basic telecom operators to the integrated information service provider. In addition, its sharp style of expression and the love of risk not afraid of the challenges of personal charisma, also praised by the industry. As for successor XI, only 3 years younger than Mr Wang, how will lead China Mobile to overcome the objective difficulties of the 3G era, embark on the high-speed development road, become the focus of attention.

The "brilliant" Mr Wang has left, where is the next stop for China to move? Xi during his tenure, China Mobile still needs to face the biggest problem in Mr Wang's time, the 3G standard TD-SCDMA commercial maturity is not as competitive.

From the current face, the transition to LTE as soon as possible to improve the relative disadvantage of the situation is China Mobile is doing.

China Mobile official announced yesterday evening that it had received a notice from the holding company, Xi, on March 22, 2012, that Mr Wang was no longer chairman of the China Mobile Communications Group for age reasons and was chairman of the China Mobile Communications Group. The "brilliant" Mr Wang has left, where is the next stop for China to move?

Last year, China Mobile began to vigorously promote LTE's worldwide trial. Data show that 5 operators have officially launched a commercial network, more than 10 clear business plans. China Mobile will definitely increase this year to 9 cities to carry out scale test, Hangzhou, Shenzhen and other commercial trial. Data show that the current number of domestic TD-SCDMA users more than 51.21 million households, accounting for the mainland's 3G users of the 40%,TD base station number of 220,000, covering all counties and above the county, TD terminal only a short span of three years from 8 to increase the current 800 variety, increased by more than 100 times. But this is clearly compared with the performance of China Mobile in the 2G era, there is still a distance.

In telecommunications expert Wang Yuquan, TD has a firm foothold, but the face of Unicom and telecommunications competition pressure situation is still grim. The mobile and Apple cooperation has not yet been discussed, when China Mobile can "eat apple" is still unknown.

Analysys, the president of Analysys International, points out that the three operators, including China Mobile, are now facing challenges from the Internet. Internet giants invade the territory of traditional operators, is subverting the original profit model, operators voice business profitability is weakening, and the current voice business is still the most dependent part of China Mobile, the short plate is obvious. Secondly, how to strengthen the sense of hardship and enhance the mechanism and motive of innovation is a big problem compared with the other two brothers companies.