What Led to China Mobile's Fifth Straight Profit Drop?

The video discusses a mobile carrier's strategy to combat competition by upgrading to 4G services, enabling better handling of data-heavy applications. It highlights challenges from the Chinese Government's reforms and smartphone apps. Financial results show a decline in profits and sales, but the company remains the largest by users. Analysts predict improved earnings due to increased data usage by 4G users.

What strategy is the mobile carrier using to maintain its competitive edge?

• Offering free smartphones with contracts

• Switching subscribers to high-speed data services

• Reducing prices for existing services

• Expanding into new international markets

Which entity is promoting competition that affects the mobile carrier?

• The European Union

• The Chinese Government

• The United Nations

• The World Trade Organization

What has contributed to the decline in the mobile carrier's growth?

• Regulatory challenges

• A saturated market with fewer new cell phone users

• Higher operational costs

• Increased competition from new carriers

How did the company's net income change in the third quarter?

• It fell by 12%

• It remained stable

• It increased by 2%

• It increased by 12%

What is the expected reason for improved earnings in the fourth quarter?

• Introduction of new smartphone models

• Reduction in operational costs

• Higher data usage by new 4G users

• Expansion into new markets