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 is the significance of having almost 800 million users for the mobile carrier?

What factors are expected to improve earnings in the fourth quarter?