2 3 4 6 7 12 16 20 28 38 49 50 65 68 69 71 73 74 75 77 141 144

2 2011 2010 2009 1 527,999 485,231 452,103 EBITDA 251,025 239,382 229,023 EBITDA 47.5% 49.3% 50.7% 125,870 119,640 115,166 23.8% 24.7% 25.5% 6.27 5.96 5.74 1.580 1.417 1.346 1.747 1.597 1.458 3.327 3.014 2.804 EBITDA 8.8% 4.9% 5.2% 5.2% 49.3% 47.5% 24.7% 23.8% 485,231 527,999 239,382 251,025 119,640 125,870 5.96 6.27 2010 2011 2010 2011 2010 2011 2010 2011 EBITDA 1

3 500 2000 (Dow Jones Sustainability Indexes)Aa3/ AA-/ 99.97% 66.41% 92% 175,3366.5 66.5% (BVI) (BVI)74.18% 25.82%

4 1997 9 3 10 2223 42 1998 6 4 1999 11 2 20 6 2004 11 12 2000 6 28 10 4 Vodafone Group Plc. Vodafone Group Plc. 25 11 3 68.65 6.9 2005 125 11 13 2001 6 18 502001 10 23 2002 7 1 10 28 80 2003 1 22 80

2004 7 1 11 5 2005 11 10 Fit Best Limited 2006 3 28 5 29 6 8 2007 10 2223 10 2009 4 29 444,341,020 12% 2010 3 10 395 20%10 11 25 5

6 ACS, ACIS CPA, FCCA 99 60 852 3121 8888 852 2511 9092 www.chinamobileltd.com 941 CHL CUSIP 16941M109 183 17 1712 1716 Depositary Receipts 101 Barclay Street, 22/F New York, NY 10286 USA 1 888 269 2377 1 201 680 6825 shrrelations@bnymellon.com 20-F 20-F 99 60 Depositary Receipts 101 Barclay Street, 22/F New York, NY 10286 USA

7 63 34 60

8 53 1976 56 EMBA 32 57 EMBA 36

9 54 29 48 29 55 EMBA

10 55 34 65 City-e- Solutions Limited 30

11 64 PSA JP 62 ARA Asset Management Limited3 ARA Asset Management (Singapore) Limited

12

13 5,2808.8% 1,259 5.2%23.8% EBITDA 2,510 4.9% EBITDA47.5%6.27 5.2% 6,5556.5 38,872 12.3%(MOU)525 (ARPU)71 15.4% 26.4% 45.0%8.4% 221 3G 3G 5,100 (Mobile Market) 1.586.3 31217 2G/3G (TD-SCDMA)/WLAN/TD-LTE

14 92 WLAN220 3G TD-LTE TD-LTE Advanced(ITU) 4G TD-LTE LTE TDD/FDD TD-LTE(GTI) GTITD-LTE 11% BRANDZ TM 100

15 9% Aa3/AA-/ TD-LTE 43% 1.747 1.5803.327 43%

16

17 1. 152.1%444 45.0% 56.1% 43.5%WLAN WLAN55.5%2G 2G3G WLANWLAN WLAN-3G-2G GSM TD- SCDMA WLAN TD-LTE 2G 70 75% 2G GSM2G

18 TD-SCDMA TD-SCDMA 2G3G WLANPC/ TD-LTETD-LTE TDD FDD 2. Mobile Market + 1.586.3 31217

19 3. TD-LTE TD-LTE 900 TD-LTE LTE FDD3G 2TD-LTE TD-SCDMA TD-LTE TD-LTE AdvancedITU4G 40GTI 5TD-LTE10 GTITD-LTE 50 10020 TD-LTE LTE FDD TD-LTE/LTE FDD/3G/2G TD-LTE

20

21

22 6.511.2% 38,872 12.3%1,39315.4% 26.4%1.53,614 MB 152.1% 2011 2010 649.6 584.0 65.6 61.7 3G 51.2 20.7 3G 30.5 15.2 3,887.2 3,461.6 MOU/ / 525 521 ARPU/ / 71 73 736.1 711.0 MB 361.4 143.3 6.56,555 3G 5,100 324 36.0% 38,872 12.3%(MOU)525 3,6425.9% 1,39315.4%26.4%1.5

23 465 3,614 MB152.1% 44445.0% 8.4% 11.2% 48412.0% 22115 6.35.7153.8% 136.0% 584.0 2010 649.6 2011 (Mobile Market)1.58 6.3 12.3% 3,461.6 3,887.2 2010 2011

24 MOU 0.8% 31 217 521 2010 3.5% 711.0 2010 525 2011 736.1 2011 GSM 0.32%99.26% 3G 0.35%98.99% 99% 10086 10086.cn17% 76%22 MB 152.1% 143.3 2010 361.4 2011

25 2G/3G/WLAN/TD-LTE 2G 70 3G 22WLAN 220397.9%TD-LTE 900 9 2

26 Mobile Market + 38 IDC 1611%

27 128.5 131.9 130.0 125.0 2011 2012 2013 2014 1,285(57%) (18%)(6%)(6%)(9%) 1,3191,3001,250 (41%)(26%)(6%) (8%)(16%)

28

29 8.8% EBITDA47.5% 23.8%

30 2011 2010 % 527,999 485,231 8.8 364,189 343,985 5.9 139,330 120,768 15.4 24,480 20,478 19.5 376,700 334,477 12.6 5,188 3,897 33.1 23,533 21,886 7.5 97,113 86,230 12.6 28,672 24,524 16.9 96,830 90,590 6.9 125,364 107,350 16.8 151,299 150,754 0.4 2,559 2,336 9.5 1 4,306 558 671.7 125,870 119,640 5.2 EBITDA 2 251,025 239,382 4.9 6.27 5.96 5.2 382,685 321,832 18.9 569,873 540,103 5.5 952,558 861,935 10.5 273,244 255,630 6.9 28,895 28,902 (0.0) 302,139 284,532 6.2 1,355 1,246 8.7 649,064 576,157 12.7 226,756 231,379 (2.0) (169,356) (171,572) (1.3) (58,420) (51,051) 14.4 3 98,208 107,032 (8.2) 1 2011 2 EBITDA 3

31 5,280 8.8% 3,76712.6% 1,2595.2%23.8% EBITDA 2,5104.9%, EBITDA 47.5%6.275.2% 2,268982 Aa3/AA-/

32 70.9% 24.9% 4.2% 69.0% 26.4% 4.6% 2010 2011 5,2808.8% 6,555 38,872 12.3% 1,39315.4% 26.4% 465 33.3% 3G 152.1%44445.0% 31.9% 484 34.8% 2011 2010 38.8% 33.3% 25.4% 31.9% 35.8% 34.8% 120,768 139,330 24.9% 26.4% 15.4%

33 3,76712.6% 71.3% 3G 3G TD TD11 1.0% 23516 0.8% 1.0% 3,897 5,188 2011 2010 4.5% 4.5% 21,886 23,533 2011 2010 22.1% 23.7% 18.7% 5.0% 18.3% 17.8% 18.4% 4.5% 4.5% 5.4% 0.8% 1.0% 68.9% 71.3% 2011 2010 33.1% 7.5%

34 109 175,336 287 62 18.3% 13.1 5.0% 5.4% 24,524 28,672 2011 2010 17.8% 18.4% 86,230 97,113 2011 2010 18.7% 18.3% 90,590 96,830 2011 2010 12.6% 16.9% 6.9%

35 180 323,506 200 0.67% 16.8% 22.1% 107,350 2010 23.7% 125,364 2011 EBITDA EBITDA 23.8% 47.5%1,513EBITDA 2,5101,2596.27 EBITDA 239,382 251,025 4.9% 150,754 151,299 119,640 125,870 0.4% 5.2% 2010 2011 EBITDA

36 231,379 107,032 2010 226,756 98,208 2011 2,268982 3,33198.8%0.2% 1.0% 140 303 4.5% 22.0% 78.0% 78.2% 1.81% 281

37 Aa3 A1 A2 A3 Baa1 Baa2 AA- A+ A A- BBB+ BBB 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Aa3/AA-/ 43% 1.747 1.5803.327 43% 3.014 1.597 3.327 1.747 1.417 2010 1.580 2011

38

39 (BVI) 74.18% 25.82% 88 99.9980% 99.9984% 93.8112% 99.7550% 99.9791% 32 113 115A

40 3 15 3 29 3 30 5 16 6 8 9 7 11

41 / 5/5 5/5 2/2 1/1 5/5 5/5 2/2 1/1 4/5 4/5 2/2 1/1 5/5 * 2/2 4/5 ** 5/5 5/5 4/5 3/5 5/5 4/5 4/5 * ** 7 11 53 56

42 41 20-F 404

43

44 7 11 20-F 93 9

45 404

46 5 2011 2010 1 84 83 2 12 12 1 404 2 404 404

47 404 COSO

48 3b-4 303A.11 303A.01 303A.03 303A.04 / 303A.07 303A.10 303A.12(a)

49 97.59,32257.4

50 30% 9%33% 5% 18 1920 69140 43% 1.747 1.580 3.327 43% 50,227,26160,766,897 14

51 36 31 36 97 101 711 XV

52 180,000 260,000 1,459,000577,0001,195,000 1,195,000 13.51(2)

53 352 XV 1 400,000 0.00% 400,000 0.00% 1 20,072,065,571 352

54 10% 10% 1,470,125,2737.32% 1%1 (i) (ii) (iii)

55 475,000 475,000 2004 12 21 26.75 970,000 970,000 2005 11 8 34.87 154,000 154,000 2004 10 28 22.75 780,000 780,000 2005 11 8 34.87 1 154,000 154,000 2004 10 28 22.75 780,000 780,000 2005 11 8 34.87 154,000 154,000 2004 10 28 22.75 780,000 780,000 2005 11 8 34.87 7,000 7,000 2002 7 3 22.85 82,575 82,575 2004 10 28 22.75 780,000 780,000 2005 11 8 34.87 82,600 82,600 2004 10 28 22.75 141,500 141,500 2005 11 8 34.87 117,000 117,000 2004 10 28 22.75 254,000 254,000 2005 11 8 34.87 400,000 2005 11 8 400,000 34.87 400,000 2005 11 8 400,000 34.87 400,000 400,000 2005 11 8 34.87 29,997,239 25,361,299 2002 7 3 4,635,940 22.85 118,704,584 117,742,235 2004 10 28 962,349 22.75 267,391,975 267,147,939 2005 11 8 244,036 34.87 416,363,1482

56 (1) (2) 2.07% (3) (4) 50% 50% 40% 30% 30% 40% 30% 30% 40% 30% 30% 2011 1 32011 12 30 22.85 75.58 105,931,229 4,635,940 2011 1 62011 12 30 22.75 75.19 21,893,440 962,349 2011 1 122011 12 30 34.87 72.42 36,405,535 1,044,036

57 ASPIRE HOLDINGS LIMITEDASPIRE AspireAspire Aspire Aspire Aspire AspireAspireAspire AspireAspireAspireAspire Aspire AspireAspire Aspire 10% 10%Aspire Aspire93,964,582 Aspire10%Aspire Aspire1% Aspire1.00 AspireAspire (i) 0.298 (ii) Aspire /Aspire Aspire Aspire Aspire 20% Aspire10%iii 0.182 Aspire Aspire Aspire (i) 50%a Aspire Aspire Aspireb Aspire (ii) 50%50%

58 Aspire AspireAspire Aspire* 3,925,000 3,460,000 2003 2 18 2 465,000 0.298 160,000 160,000 2003 4 18 2 0.298 1,660,000 1,280,000 2003 9 16 2 380,000 0.298 815,000 775,000 2004 3 18 2 40,000 0.298 75,000 45,000 2004 5 28 2 30,000 0.298 5,720,000 1 * Aspire Aspire (1) Aspire0.61% (2) (a) 50% (i) (ii) Aspire (b) 50%50% Aspire 915,000 Aspire AspireAspire i AspireiiAspire iii

59 70,000 4.55 5% (i) (ii) (iii) 14,890,116,842 74.18% 14,890,116,842 74.18% (BVI) (BVI) 14,890,116,842 74.18% (BVI) (BVI) 336

60 37 (1) 10 (2) 20 TD-SCDMA24 (3) 5 14.07 0.1% (4) TD-SCDMA 30TD-SCDMA (5) IPGSMTD-SCDMA 17 14.07 0.1%

61 (6) 12 14.07 0.1% (1) 2011 2013 2011 20132008 2010 2011 2013 (2) 2011 2013 2011 20132008 2010 2011 2013 (3) (i)(ii) (iii) (4) (i) (ii) (iii) (5) (i) (ii)

62 (6) (1) (6) (i) (ii) (iii) 3000 (Hong Kong Standard on Assurance Engagements 3000) (Assurance Engagements Other Than Audits or Reviews of Historical Financial Information)(Practice Note) 740 Auditor s Letter on Continuing Connected Transactions under the Hong Kong Listing Rules14A.38 (A) (B) 6062 (C) (D)

63 (1) 5,000,000,000 4,600,000,00092% 400,000,000 8% 14.075% 14A.4514A.47 14 (2) 100% 237,070,000 29% 100% 14.075%14A.4514A.47 14

64 31 141143 34

65 (1) (2) (3)

66 (i) (ii) (iii) (1) (2) (3)

67 3699 60 1.747 183 17 1712 1716 183 17 1712 1716

68 69 140 141

69 2011 2010 3 364,189 343,985 139,330 120,768 24,480 20,478 527,999 485,231 5,188 3,897 23,533 21,886 14(a) 97,113 86,230 4 28,672 24,524 96,830 90,590 5 125,364 107,350 376,700 334,477 151,299 150,754 6 2,559 2,336 7 571 685 8,413 5,658 8 (565) (902) 4,306 558 20 (1) (18) 166,582 159,071 11(a) (40,603) (39,047) 125,979 120,024 (311) (135) (229) 125,439 119,889

70 2011 2010 125,870 119,640 109 384 125,979 120,024 125,332 119,505 107 384 125,439 119,889 13(a) 6.27 5.96 13(b) 6.20 5.89 7714036(b)

71 2011 2010 12 31 12 31 14(a) 408,165 385,296 15 56,235 54,868 12,798 12,040 16 36,894 36,894 17 818 813 19 43,794 40,175 20 7 8 21 10,913 9,720 22 122 162 23 127 127 569,873 540,103 24 7,944 4,249 25 9,165 7,632 26 19,483 7,026 26 12,854 10,151 27 170 293 11(c) 91 135 22 32 246,687 204,803 28 86,259 87,543 382,685 321,832 29 116,266 111,646 1,616 502 30 51,753 43,489 32 92,362 85,716 27 285 15 27 33 35 31(a) 4,981 33 68 68 11(c) 10,861 9,178 273,244 255,630 109,441 66,202 679,314 606,305

72 2011 2010 12 31 12 31 679,314 606,305 31(a) (28,617) (28,615) 30 (261) (248) 21 (17) (39) (28,895) (28,902) 650,419 577,403 2,140 2,139 646,924 574,018 649,064 576,157 1,355 1,246 650,419 577,403 77140

73 2011 2010 12 31 12 31 14(b) 3 3 18 476,782 476,782 20 34 34 476,819 476,819 18 56,800 47,074 10 7 28 919 2,259 57,729 49,340 23 2,477 18 4,981 27 33 35 56 7,493 57,673 41,847 534,492 518,666 18 (4,984) (4,982) 31(b) (23,633) (23,633) (28,617) (28,615) 505,875 490,051 36(a) 2,140 2,139 503,735 487,912 505,875 490,051 77140

74 2010 1 1 2,139 386,375 (291,972) 72 (1,039) 129,918 281,255 506,748 886 507,634 2010 119,640 119,640 384 120,024 (135) (135) (135) (135) 119,640 119,505 384 119,889 36(b)(ii) (25,651) (25,651) (25,651) 36(b)(i) (24,550) (24,550) (24) (24,574) 101 (8) 93 93 36(d)(iii) 24,260 (24,248) 12 12 2010 12 31 2,139 386,476 (291,980) 72 (1,174) 154,178 326,446 576,157 1,246 577,403 2011 1 1 2,139 386,476 (291,980) 72 (1,174) 154,178 326,446 576,157 1,246 577,403 2011 125,870 125,870 109 125,979 (229) (309) (538) (2) (540) (229) (309) 125,870 125,332 107 125,439 36(b)(ii) (26,718) (26,718) (26,718) 36(b)(i) (25,857) (25,857) (25,857) 36(c)(ii) 1 153 (18) 136 136 36(d)(iii) 25,058 (25,044) 14 14 2 2 2011 12 31 2,140 386,629 (292,227) 72 (1,483) 179,236 374,697 649,064 1,355 650,419 77140

75 2011 2010 166,582 159,071 14(a) 97,113 86,230 5 54 62 325 298 5 3 5 5,853 2,763 5 3,548 4,019 5 87 55 (8,413) (5,658) 8 565 902 7 (13) (17) (4,306) (558) 1 18 7 9 6 261,408 247,191 (3,492) (457) (4,865) (5,232) / (258) 170 (2,613) (1,087) / 123 (268) 651 5,704 / 614 (1) 8,277 7,847 6,719 16,369 270 11 266,834 270,247 (134) (99) (39,944) (38,769) 226,756 231,379

76 2011 2010 226,756 231,379 (123,331) (113,203) (1,083) (1,135) (85) (162) 123 12 (41,884) (19,190) (162) (14,000) (2,700) 2,700 7,593 4,588 (39,617) (20) 140 458 13 17 (169,356) (171,572) 36(c)(ii) 136 93 (651) (919) 36(b) (52,575) (50,201) (24) (5,330) (58,420) (51,051) / (1,020) 8,756 87,543 78,894 (264) (107) 28 86,259 87,543 60,357,000,00061,457,000,000835,000,000 451,000,000 77140

77 1 (a) (b) 43 (c)

78 1 (c) 1(g)1(d) 1(j) (d) 1(j)

79 1 (d) 1(j) (e) (i) (ii) (ii)(i) 1(j) (f) 1(j)

80 1 (g) 1(j) / / (h) 1(j) 8 30 5 10 3 10 (i) (i)

81 1 (i) (ii) 1(h) 1(j) (iii) (j) (i)

82 1 (j) (i) 1(d) 1(j)(ii) 1(j)(ii) 1(j)(ii)

83 1 (j) (ii)

84 1 (j) (iii) / 34 1(j)(i) (ii) (k) 1(j) (l) (m) 1(j) 1(j) (n)

85 1 (n) (o) (p) (q) (r) (i) (ii) (iii) SIM (iv) (v) (s)

86 1 (s)

87 1 (s) (t) (u) (i)

88 1 (u) (ii) / (iii) (v) (w)

89 1 (w) (x) (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (y) 5%

90 2 / 242009 / 2010 44 / 242009 / 242009 / 2010/ 7 3

91 4 2011 2010 25,498 22,039 3,174 2,485 28,672 24,524 5 2011 2010 35,096 31,390 3,548 4,019 87 55 54 62 8,150 7,208 1 3,085 2,631 3 5,853 2,763 2 84 83 3 1 1 4 11 11 5 69,392 59,127 125,364 107,350 1 2 404SOX404 19,000,00019,000,000 3 600,0001,000,000 4 SOX404 5

92 6 2011 2010 SIM 6,020 5,451 SIM (4,926) (4,361) 1,465 1,246 2,559 2,336 7 2011 2010 (9) (6) 257 257 13 17 310 417 571 685 8 2011 2010 5 7 5 220 431 338 471 565 902

93 9 161 2011 180 1,172 616 287 2,255 * 78 462 244 115 899 180 1,067 560 261 2,068 ** 180 960 504 236 1,880 180 960 504 236 1,880 180 960 504 236 1,880 180 960 504 235 1,879 180 960 504 235 1,879 180 960 504 229 1,873 180 950 504 232 1,866 505 505 440 440 440 440 3,083 9,411 4,948 2,302 19,744 * **

94 9 2010 180 1,172 660 286 2,298 3 16 3 22 180 1,005 600 245 2,030 180 960 540 234 1,914 180 960 540 234 1,914 180 960 540 234 1,914 180 960 540 233 1,913 180 960 540 233 1,913 180 960 540 229 1,909 180 950 540 232 1,902 505 505 440 440 440 440 Nicholas Jonathan READ 131 131 3,139 8,903 5,040 2,163 19,245 10 9

95 11 (a) 2011 2010 112 123 41,693 39,726 41,805 39,849 21 (1,202) (802) 40,603 39,047 (i) 16.5% 16.5% (ii) 25% 22% 24% 25%

96 11 (b) 2011 2010 166,582 159,071 25% 41,645 39,768 (1,076) (139) (8) (3) 736 562 66 111 (198) (561) (16) 1 (171) (352) (375) (340) 40,603 39,047

97 11 (c) 2011 2010 41,693 39,726 112 123 (135) (17) (30,830) (30,730) (70) (59) 12 31 10,770 9,043 91 135 10,861 9,178 12 313,000,000 550,000,000 2011 2010 (313) (550) 68,762 50,613 36(a) 68,449 50,063 36(b)

98 13 (a) 125,870,000,000 119,640,000,00020,068,193,892 20,062,910,111 2011 2010 1 1 20,065,423,246 20,060,853,651 2,770,646 2,056,460 12 31 20,068,193,892 20,062,910,111 (b) 125,870,000,000 119,640,000,00020,315,252,41220,321,332,465 2011 2010 12 31 20,068,193,892 20,062,910,111 247,058,520 258,422,354 12 31 20,315,252,412 20,321,332,465

99 14 (a) 2010 1 1 73,506 612,012 24,749 710,267 571 1,231 1,071 2,873 11,742 95,876 3,756 111,374 (2) (43) (37) (82) (254) (19,294) (1,596) (21,144) (1) (80) (3) (84) 2010 12 31 85,562 689,702 27,940 803,204 2011 1 1 85,562 689,702 27,940 803,204 8 8 787 1,427 1,273 3,487 10,176 111,203 1,112 122,491 10,915 (10,915) (398) (22) (420) (242) (53,198) (1,121) (54,561) (1) (115) (5) (121) 2011 12 31 96,282 759,536 18,270 874,088 2010 1 1 15,206 322,169 12,817 350,192 4,345 78,225 3,660 86,230 (40) (30) (70) (236) (16,666) (1,479) (18,381) (61) (2) (63) 2010 12 31 19,315 383,627 14,966 417,908 2011 1 1 19,315 383,627 14,966 417,908 5,422 (5,422) 4,140 90,142 2,831 97,113 (284) (10) (294) (171) (47,516) (1,021) (48,708) (93) (3) (96) 2011 12 31 23,284 431,298 11,341 465,923 2011 12 31 72,998 328,238 6,929 408,165 2010 12 31 66,247 306,075 12,974 385,296

100 14 (a) 2011 5,853,000,0002010 2,763,000,000 (b) 2010 1 1 17 2010 12 31 17 2011 1 1 17 1 (1) 2011 12 31 17 2010 1 1 13 1 2010 12 31 14 2011 1 1 14 1 (1) 2011 12 31 14 2011 12 31 3 2010 12 31 3

101 14 (c) 2011 12 31 2010 12 31 3 3 12 13 15 16 3,859 3,567 66,269 60,247 2,855 2,417 72,983 66,231 72,998 66,247 15 2011 2010 1 1 54,868 46,094 123,858 120,148 (122,491) (111,374) 12 31 56,235 54,868

102 16 2011 2010 1 112 31 36,894 36,894 / 36 0.5% 1% 10% 10%

103 17 2010 1 1 184 516 901 1,601 162 162 (23) (23) 2010 12 31 184 516 1,040 1,740 2011 1 1 184 516 1,040 1,740 85 85 (39) (39) 2011 12 31 184 516 1,086 1,786 2010 1 1 516 358 874 62 62 (9) (9) 2010 12 31 516 411 927 2011 1 1 516 411 927 54 54 (13) (13) 2011 12 31 516 452 968 2011 12 31 184 634 818 2010 12 31 184 629 813

104 18 2011 12 31 2010 12 31 471,810 471,810 4,972 4,972 476,782 476,782 / 2 1(u)(ii) 4,972,000,000 4,972,000,000 31(a) * 5,594,840,700 100% * 2,117,790,000 100% (BVI) 1 1 100% * 2,800,000,000 100% (BVI) 1 1 100% * 5,247,480,000 100%

105 18 (BVI) 1 1 100% * 4,367,733,641 100% (BVI) 1 1 100% * 643,000,000 100% (BVI) 1 1 100% * 6,124,696,053 100% (BVI) 1 1 100% * 6,038,667,706 100% (BVI) 1 1 100% * 2,151,035,483 100% (BVI) 1 1 100% * 4,314,668,600 100% (BVI) 1 1 100% * 5,140,126,680 100% (BVI) 1 1 100%

106 18 * 6,341,851,146 100% (BVI) 1 1 100% * 2,340,750,100 100% (BVI) 1 1 100% * 4,099,495,494 100% (BVI) 1 1 100% * 2,932,824,234 100% (BVI) 1 1 100% * 3,029,645,401 100% (BVI) 1 1 100% * 7,483,625,572 100% (BVI) 1 1 100% * 3,961,279,556 100% (BVI) 1 1 100%

107 18 * 4,015,668,593 100% (BVI) 1 1 100% * 3,171,267,431 100% (BVI) 1 1 100% * 2,773,448,313 100% (BVI) 1 1 100% * 2,862,621,870 100% (BVI) 1 1 100% * 3,277,579,314 100% (BVI) 1 1 100% * 4,500,508,035 100% (BVI) 1 1 100% * 2,541,981,749 100% (BVI) 1 1 100%

108 18 * 4,137,130,733 100% (BVI) 1 1 100% * 848,643,686 100% (BVI) 1 1 100% * 1,702,599,589 100% (BVI) 1 1 100% * 902,564,911 100% (BVI) 1 1 100% * 740,447,232 100% (BVI) 1 1 100% * 2,581,599,600 100% (BVI) 1 1 100% * 160,232,500 100%

109 18 (BVI) 1 1 100% *** 1,641,848,326 100% *** 30,000,000 100% *** 7,633,000 100% Aspire Holdings Limited 93,964,583 66.41% Aspire (BVI) Limited # 1,000 100% 10,000,000 100% *** # 5,000,000 100% *** # 5,000,000 100% *** # ** 3,800,000 51% GSM 900/1800

110 18 Advanced Roaming & Clearing House Limited 2 100% Fit Best Limited 1 100% 356,947,689 100% 1 1 100% 1 1 100% 6,200,000,000 99.97% * BVI BVI ** *** # 66.41% 237,070,000

111 19 2011 12 31 2010 12 31 43,794 40,175 30% 30% 20% 39,617,000,000 20%

112 19 2011 100% 2,690,300 2,540,700 67,497 27,236 (20%) 538,060 508,140 13,499 5,447 38(e) 20 2011 12 31 2010 12 31 2011 12 31 2010 12 31 34 34 7 8 7 8 34 34 JIL B.V. 25% JIL B.V. 33.33%25% JIL B.V.5,000,00034,000,000

113 20 JIL B.V. JIL B.V. JIL B.V. 7,000,00019,000,0001,000,000 1,000,0001,000,00012,000,0007,000,000 8,000,0001,000,00018,000,000 21 / 2011 1 1 / 2011 12 31 12 5 8 25 1,235 147 1,382 5,147 3 560 5,710 2,114 531 2,645 1,212 4 (65) 1,151 9,720 12 1,181 10,913 (4) 3 (1) (35) 18 1 (16) (39) 21 1 (17) 9,681 12 1,202 1 10,896

114 21 2010 1 1 / 2010 12 31 6 6 12 1,515 (280) 1,235 3,935 1,212 5,147 1,520 594 2,114 1,963 (751) 1,212 8,939 781 9,720 (7) 3 (4) (54) 18 1 (35) (61) 21 1 (39) 8,878 802 1 9,681 2011 12 31 2010 12 31 10,913 9,720 (17) (39) 12 31 10,896 9,681

115 22 150,000,000122,000,000 40,000,00032,000,000 23 2011 12 31 2010 12 31 127 127 24 SIM 2011 12 31 2010 12 31 SIM 5,445 2,144 2,499 2,105 7,944 4,249

116 25 (a) 2011 12 31 2010 12 31 30 5,979 5,295 3160 1,447 1,317 6190 732 639 90 1,007 381 9,165 7,632 90 (b) 2011 2010 1 1 4,851 6,095 3,683 4,005 (4,133) (5,248) (1) (1) 12 31 4,400 4,851

117 25 (c) 2011 12 31 2010 12 31 8,672 6,869 493 763 9,165 7,632 26 5.10% 6.56% 27 / / 31(b)

118 28 2011 12 31 2010 12 31 2011 12 31 2010 12 31 23,618 6,043 894 2,251 62,641 81,500 25 8 86,259 87,543 919 2,259 29 2011 12 31 2010 12 31 1 95,744 88,525 23 6,984 9,888 46 5,237 5,519 79 3,736 3,337 1012 4,565 4,377 116,266 111,646

119 30 2011 2010 1 1 43,737 35,890 43,489 35,573 248 317 240,342 241,927 (232,060) (234,076) (5) (4) 12 31 52,014 43,737 (51,753) (43,489) 261 248 31 (a) 2011 12 31 2010 12 31 (i) 4,984 4,984 4,981 4,982 9,963 (ii) 23,633 23,633 23,633 23,633 28,617 28,617 4,981 28,615 33,596 (i) 5,000,000,000 4.5%100% 5,000,000,000

120 31 (a) (ii) 9,976,000,000 13,657,000,000 LIBOR 1.123% 1.238% (b) 2011 12 31 2010 12 31 23,633 23,633 32 2011 12 31 2010 12 31 56,015 49,571 12,125 13,489 5,376 4,797 18,846 17,859 92,362 85,716

121 33 2011 12 31 2010 12 31 1 68 3 71 68 3 71 34 (a) (b) 5%20,000

122 35 1.00 10% 10% (i) (ii) (iii)

123 35 (a) 2011 2010 2002 7 3 7,000 7,000 50%2 10 50%5 2004 10 28 744,175 744,175 40%1 10 30%2 30%3 2004 12 21 475,000 475,000 40%1 10 30%2 30%3 2005 11 8 4,885,500 5,685,500 40%1 10 30%2 30%3 2002 7 3 25,361,299 29,997,239 50%2 10 50%5 2004 10 28 117,742,235 118,704,584 40%1 10 30%2 30%3 2005 11 8 267,147,939 267,391,975 40%1 10 30%2 30%3 416,363,148 423,005,473

124 35 (b) 2011 2010 1 1 30.59 423,005,473 30.51 427,575,068 24.72 (6,642,325) 23.26 (4,569,595) 12 31 30.68 416,363,148 30.59 423,005,473 12 31 30.68 416,363,148 30.59 423,005,473 75.4579.63 22.7534.87 22.7534.873.44.3

125 36 (a) 2010 1 1 2,139 386,375 3,693 72 (813) 98,684 490,150 2010 50,063 50,063 (54) (54) (54) 50,063 50,009 36(b)(ii) (25,651) (25,651) 36(b)(i) (24,550) (24,550) 101 (8) 93 2010 12 31 2,139 386,476 3,685 72 (867) 98,546 490,051 2011 1 1 2,139 386,476 3,685 72 (867) 98,546 490,051 2011 68,449 68,449 (186) (186) (186) 68,449 68,263 36(b)(ii) (26,718) (26,718) 36(b)(i) (25,857) (25,857) 36(c)(ii) 1 153 (18) 136 2011 12 31 2,140 386,629 3,667 72 (1,053) 114,420 505,875 114,492,000,000 98,618,000,000

126 36 (b) (i) 2011 2010 1.580 1.314 20101.4171.236 25,857 24,550 1.747 1.416 20101.5971.359 28,441 27,268 54,298 51,818 1 =0.81070 (ii) 2011 2010 1.5971.359 20101.4581.284 26,718 25,651

127 36 (c) (i) 2011 2010 30,000,000,0000.10 3,000 3,000 2011 2010 1 1 20,065,423,246 2,006 2,139 20,060,853,651 2,006 2,139 36(c)(ii) 6,642,325 1 1 4,569,595 12 31 20,072,065,571 2,007 2,140 20,065,423,246 2,006 2,139 (ii) 6,642,325164,230,000 135,967,000664,000550,000 163,566,000135,417,00018,000,000 1(u)(ii) (d) (i) 48B (ii) 1(u)(ii) 295,665,000,000

128 36 (d) (iii) 18 10% 50% 10% 25% (iv) 1(w) (e) 4.5%5.6%

129 37 (a) 2011 2010 (i) 1,709 859 (i) 1,138 2,037 (ii) 776 951 (iii) 219 431 (iv) 279 319 (iv) 446 431 (iv) 47 18 (iv) 328 94 TD (v) 1,092 578 (vi) 177 37 (vi) 1,154 536 (i) / / / / (ii) (iii) (BVI) / (iv) / / (v) TD-SCDMA / TD-SCDMA 60 TD-SCDMA (vi) / /

130 37 (b) / / 2011 12 31 2010 12 31 654 410 7 24 5 3 1,745 1,783 258 263 (c) 2011 2010 17,320 1,999 (i) 237 9 (ii) 44 29 (i) (ii) /

131 37 (d) 37(a)37(c) / 26

132 38 (a) 25(c)

133 38 (b) 2011 12 31 116,266 116,266 116,266 1,616 1,616 1,616 92,362 92,362 92,362 285 285 285 33 33 33 23,633 24,563 204 257 257 23,845 4,984 6,310 225 450 450 5,185 68 71 71 239,247 241,506 211,062 707 707 29,030 2010 12 31 111,646 111,646 111,646 502 502 502 85,716 85,716 85,716 15 15 15 35 35 35 23,633 25,233 281 428 383 24,141 9,963 11,627 5,317 450 450 5,410 68 71 71 231,578 234,845 203,583 878 833 29,551

134 38 (b) 2011 12 31 23 23 23 4,984 6,310 225 450 450 5,185 33 33 33 23,633 24,563 204 257 257 23,845 28,673 30,929 485 707 707 29,030 2010 12 31 2,477 2,477 2,477 9,963 11,627 5,317 450 450 5,410 35 35 35 23,633 25,233 281 428 383 24,141 36,108 39,372 8,110 878 833 29,551

135 38 (c) 31 2011 2010 2011 2010 2002 1.12% 9,976 2.22% 9,976 1.12% 9,976 2.22% 9,976 2004 1.24% 13,657 2.23% 13,657 1.24% 13,657 2.23% 13,657 LIBOR / / / 236,000,000236,000,000 LIBOR / 333,100,000,000 292,508,000,0007,866,000,000 5,657,000,0002.51%2.03% / / 2,508,000,0002,203,000,000 14,000,000,000 2,700,000,000547,000,000722,000 6.55%4.82% / / 105,000,000 20,250,000

136 38 (c) (d) 1.2%1.4% (e) 2011 12 31 2010 12 31 43,794 31,674 40,175 35,556 4,984 4,845 9,963 10,038

137 39 (a) 2011 2010 2011 2010 4,772 4,469 34,089 14,211 38,861 18,680 17,754 17,669 85,108 79,819 102,862 97,488 22,526 22,138 119,197 94,030 141,723 116,168

138 39 (b) 2011 12 31 1 6,090 1,718 838 8,646 5 15 12,993 2,368 560 15,921 5 4,050 574 92 4,716 23,133 4,660 1,490 29,283 5 2010 12 31 1 5,100 1,121 730 6,951 7 15 10,250 1,335 687 12,272 4 5 3,652 360 150 4,162 19,002 2,816 1,567 23,385 11 40 2011 36(b)(i) 41 42

139 43 16 38

140 44 / / 7 2011 7 1 / 12 2012 1 1 1 2012 7 1 / 10 2013 1 1 / 11 2013 1 1 / 12 2013 1 1 / 13 2013 1 1 / 27 2013 1 1 / 28 2013 1 1 / 19 2013 1 1 / 9 2015 1 1

141 2011 2010 2009 2008 2007 2 364,189 343,985 327,283 302,330 270,167 2 139,330 120,768 106,105 91,091 71,956 2 24,480 20,478 18,715 18,389 15,354 527,999 485,231 452,103 411,810 357,477 5,188 3,897 3,006 2,641 2,330 23,533 21,886 21,847 22,264 21,500 97,113 86,230 80,179 71,509 67,354 28,672 24,524 21,480 19,960 18,277 2 96,830 90,590 80,043 66,573 56,868 2 125,364 107,350 98,540 86,468 67,435 376,700 334,477 305,095 269,415 233,764 151,299 150,754 147,008 142,395 123,713 2,559 2,336 1,780 2,159 2,323 571 685 359 517 657 8,413 5,658 5,940 6,002 4,015 (565) (902) (1,243) (1,550) (1,825) 4,306 558 (1) (18) (8) 166,582 159,071 153,836 149,523 128,883 (40,603) (39,047) (38,413) (36,735) (42,143) 125,979 120,024 115,423 112,788 86,740 (311) (135) 42 (393) (645) (229) 125,439 119,889 115,465 112,395 86,095

142 2011 2010 2009 2008 2007 125,870 119,640 115,166 112,627 86,623 109 384 257 161 117 125,979 120,024 115,423 112,788 86,740 125,332 119,505 115,208 112,234 85,978 107 384 257 161 117 125,439 119,889 115,465 112,395 86,095

143 2011 2010 2009 2008 2007 12 31 12 31 12 31 12 31 12 31 408,165 385,296 360,075 327,783 257,170 56,235 54,868 46,094 35,482 47,420 12,798 12,040 11,201 10,102 8,383 36,894 36,894 36,894 36,894 36,894 818 813 727 298 469 43,794 40,175 7 8 6 7 10,913 9,720 8,939 7,614 6,121 122 162 2 127 127 127 127 127 2 109,441 66,202 77,500 56,561 49,866 2 679,314 606,305 541,563 474,868 406,450 (28,617) (28,615) (33,551) (33,553) (33,582) (261) (248) (317) (584) (597) (17) (39) (61) (80) (122) 650,419 577,403 507,634 440,651 372,149 (1) (2)

144 IDC IDC SIM LTE 3G LTE FDD TDDTDD TD-SCDMA TD- LTE LTE LTE2G 3G MOBILE MARKET TD-SCDMA 3G3G 3GTD-SCDMA WLAN WAP WWW WLAN WiFi PDA