untitled

200055 38 50010 201050 BRANDZ TM 100 8 IR Extel2010

01 139 002 003 004 006 007 012 016 020 028 038 047 049 061 064 065 067 069 070 071 073 133 136

02 2010 2009 485,231 452,103 7.3% EBITDA 239,382 229,023 4.5% EBITDA 49.3% 50.7% 119,640 115,166 3.9% 24.7% 25.5% 5.96 5.74 3.9% 1.417 1.346 1.597 1.458 3.014 2.804 () EBITDA () 2010 2009 452,103 485,231 7.3% 2010 239,382 4.5% 49.3% 2009 229,023 50.7% () () 2010 119,640 3.9% 2010 5.96 3.9% 2009 115,166 24.7% 25.5% 2009 5.74

03 164,336 5.84 69.3% GSM 237GPRS186 (BVI) 74.21% 25.79%

04 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 50 2001 10 23 2002 7 1 10 28 80 2003 1 22 80

05 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 39520% 10 11 25

06 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

07 62 33 52 1976

08 51 29 55 EMBA31 56 EMBA 35

09 53 28 47 28 54 EMBA

10 54 33 64 City-e-Solutions Limited 30 63 PSA JP

11 61 ARA Asset Management Limited3 ARA Asset Management (Singapore) Limited

12

13 4,852 7.3% 1,1963.9% 24.7% EBITDA 2,394 4.5% EBITDA 49.3% 5.963.9% 6,173 5.84 34,616 18.6% MOU5215.4% ARPU 73 3G 2,0703G 31.2% Mobile Market 3,500110 51.1 2G 3G TD-SCDMAWLAN LTE 3G 2G 3G TD-LTE TD-LTE TD-LTE-Advanced ITU4GTD- LTE

14 TD-LTE LTE FDD 26 TD-LTE 39520% 14.8% 175 11,000 50 BRANDZ 100 Aa3/ AA-/

15 43% 1.5971.417 3.014 43% 3G TD-LTE

16 1. 2010 112.3% 30549.4% 2G 3G WLANLTE WLAN WLANWLAN

17 WLAN LTE 3G 2G

18 2. 3. TD-LTE 2010 3G 3G TD-LTE (Mobile Market) 2010 1103,500 51.12011 2010 10TD-LTE Advanced ITU4G TD-LTE LTE FDD TD-LTE 2010 TD-LTE 6TD-LTE TD-LTE2011 2010 M2M 690 POS

19 4. 1,243 (44%)(13%) (23%) (7%) 1,324 (53%) (14%)(11%) (7%)

3G

22 5.8411.834,616 18.6% 5.2312.9%7,1104.4 1,51415.231.2 2.1 2010 2009 584.0 522.3 61.7 65.0 3,461.6 2,918.7 MOU / / 521 494 ARPU / / 73 77 711.0 681.2 1,598 1,684 53.1 45.4 MB 103.1 48.6 2010 584.0 11.8% 2009 522.3 5.846,173 293 36.1 4,400 1,500

23 MOU 2010 3,461.6 18.6% 2010 521 5.4% 2009 2,918.7 2009 494 34,616 18.6% MOU521494 5.4% 3,3384.1 1,514 15.2 31.2 7,110526 20335 7,279 4,15320 7,8426.42 1,031 MB 112.3% 305 49.4

24 MB 2010 711.0 4.4% 2010 103.1 112.3% 2009 681.2 2009 48.6 Mobile Market3,500 1.1 1105 139 WLAN IDC POS

25 M2M 690 2G 55.4 96.2WLAN54.5 99.260.54 99.69

26 10086 3G 3GTD- SCDMA3G 2G 3G3G 13.5656 3G2,070 3G TD-LTE TD-LTE TD-LTE

27 2010 2011 2012 2013 124.3 132.4 130.4 125.5 2010 2011-2013 1,243 44723 13 1,3241,3041,255 537 1114

> 7.3% > EBITDA 49.3% > 24.7%

30 2010 2009 % 485,231 452,103 7.3 312,349 300,632 3.9 151,435 131,434 15.2 21,447 20,037 7.0 334,477 305,095 9.6 3,897 3,006 29.6 21,886 21,847 0.2 86,230 80,179 7.5 24,524 21,480 14.2 197,940 178,583 10.8 150,754 147,008 2.5 2,336 1,780 31.2 1 558 119,640 115,166 3.9 EBITDA 2 239,382 229,023 4.5 5.96 5.74 3.9 321,882 287,355 12.0 3 292,346 264,507 10.5 540,053 464,013 16.4 861,935 751,368 14.7 255,630 209,805 21.8 28,902 33,929 (14.8) 284,532 243,734 16.7 1,246 886 40.6 576,157 506,748 13.7 231,379 207,123 11.7 (171,572) (165,927) 3.4 (51,051) (49,774) 2.6 4 107,032 77,756 37.7 2010 12 31 EBITDA

31 4,852 7.3% 3,345 9.6% 1,1963.9% 24.7% EBITDA 2,3944.5% EBITDA 49.3%5.96 3.9% 2,3141,070 Aa3/AA-/

32 4.4% 31.2% 64.4% 4.4% 29.1% 66.5% 2010 2009 151,435 15.2% 20.0% 34.7% 20.2% 25.1% 2010 2009 40.8% 15.5% 18.9% 24.8% 131,434 4,852 7.3% 6,173 34,616 18.6% 1,51415.2% 31.2% 526 34.7% 112.3% 30549.4% 20.2% 12580 381 25.1%

33 3,345 9.6%68.9% 502.6% 0.0977.6% TD3G TD 5.78 2010 0.39 0.8% 0.7% 3,897 3,006 2010 2009 29.6% 4.5% 4.8% 21,886 21,847 2010 2009 0.2% 2010 68.9% 2009 67.5% 40.8% 5.0% 17.8% 4.5% 0.7% 4.8% 4.8% 39.5% 17.7% 0.8%

34 2010 86,230 7.5% 2010 24,524 14.2% 17.8% 5.0% 2009 80,179 17.7% 2009 21,480 4.8% 61 9.3% 164,336 245

35 EBITDA EBITDA24.7% 49.3% 1,508EBITDA 2,3941,1965.96 194 313,143 156 0.83% 2010 2009 40.8% 39.5% 197,940 178,583 10.8% 119,640 150,754 239,382 115,166 147,008 229,023 2010 2009 EBITDA EBITDA 4.5% 2.5% 3.9%

36 2010 107,032 231,379 11.7% 2009 77,756 207,123 2,3141,070 2,923 98.7%0.2%1.1% 342 5.6% 30.8% 69.2% 83.9% 2.68% 171

37 Aa3 AA- A1 A+ A2 A A3 A- Baa1 BBB+ Baa2 BBB 2002 2003 2004 2005 2006 2007 2008 2009 2010 Aa3/AA-/ 43% 1.5971.417 3.014 43% 2010 1.417 1.597 3.014 2009 1.346 1.458 2.804

38

39 (BVI) 74.21% 25.79% 88 99.9959% 94.2899% 99.9647% 99.9911% 2011 3 16 2010 4 7 2010 4 8 2010 5 19 2011 6 2010 8 2011 9 2011 7 11

40 / 6/6 4/4 2/2 2/2 6/6 4/4 2/2 2/2 5/6 4/4 1/2 1/2 Nicholas Jonathan READ * 4/5 - - - () 6/6 - - - 6/6 - - - 5/6 - - - 6/6 - - - 6/6 - - - 5/6 - - - 5/6 - - - 6/6 - - - 6/6 - - - * Nicholas Jonathan READ2010 9 22 7 11 53

41 2010 20-F 404

42

43 7 11 20-F 404

44 404 5 2010 2009 1 83 80 2 12 9 1 2 404 404 2010

45 3b-4 303A.11 303A.01 2010 7 15 404 COSO

46 303A.03 303A.04 / 303A.07 303A.10 303A.12(a)

47 2010-2012 Universum Communications 89.88,43459 60 3030

48

49 30% 11%34% 5% 1819 20 65132 43% 1.5971.417 3.014 43% 60,766,897143,710,962 14

50 36 31 36 Nicholas Jonathan READ 97 711 XV

51 180,000 325,000 1,194,0001,194,0001,182,000 13.51(2) 352

52 10% 10% 1,476,767,598 7.36% 1% 1 (i) (ii) (iii)

53 475,000 475,000 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 34.87 154,000 154,000 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 34.87 400,000 400,000 2005 11 8 34.87 400,000 400,000 2005 11 8 34.87 400,000 400,000 2005 11 8 34.87 33,451,909 29,997,239 2002 7 3 3,454,670 22.85 119,656,204 118,704,584 2004 10 28 951,620 22.75 267,555,280 267,391,975 2005 11 8 163,305 34.87 423,005,473 (a)

54 (a) 2.11% (b) (c) 50% 50% 40% 30% 30% 40% 30% 30% 40% 30% 30% 2010 1 42010 12 31 22.85 79.24 78,939,210 3,454,670 2010 1 52010 12 31 22.75 78.76 21,649,355 951,620 2010 1 62010 12 30 34.87 78.82 5,694,445 163,305

55 ASPIRE HOLDINGS LIMITEDASPIRE AspireAspire Aspire Aspire Aspire AspireAspireAspireAspireAspire AspireAspire Aspire AspireAspire Aspire10% 10%AspireAspire 93,964,582Aspire10% Aspire Aspire1% Aspire1.00 AspireAspire (i) 0.298 (ii) Aspire / Aspire Aspire Aspire Aspire 20% Aspire10% (i) (ii)0.182 Aspire Aspire Aspire (a) 50% (i)aspire AspireAspire (ii) Aspire (b) 50%50%

56 Aspire AspireAspire Aspire* 4,225,000 3,925,000 2003 2 18 ( (2)) 300,000 0.298 170,000 160,000 2003 4 18 ( (2)) 10,000 0.298 1,740,000 1,660,000 2003 9 16 ( (2)) 80,000 0.298 1,145,000 815,000 2004 3 18 ( (2)) 330,000 0.298 235,000 75,000 2004 5 28 ( (2)) 160,000 0.298 6,635,000 ( (1)) * Aspire Aspire (1) Aspire0.71% (2) (a) 50% (i) (ii) Aspire (b) 50%50% Aspire 880,000 Aspire

57 AspireAspire (i) Aspire(ii) Aspire (iii) 70,000 4.55 5% (i) 14,890,116,842 74.21% (ii) 14,890,116,842 74.21% (iii) BVIBVI 14,890,116,842 74.21% (BVI) (BVI) 336 5%

58 37 (1) 16 (2) 44 (3) 4.8 14.07 0.1% (4) TD-SCDMA20 TD-SCDMA (5) 16 14.07 0.1% (1)(2) 2008 2010 2008 2010 2008 20102008 20102008 20102008 2010 2011 20132011 2013

59 (3) (i) (ii) (4) (i) (ii) (5) (i) (ii) (iii) (A) (B) 5859 (C) (D)

60 31 133135 34

61 88 (1) (2) (3)

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

63 36 99 60 1.597 183 17 1712 1716

64 65 132 141

65 2010 2009 3 312,349 300,632 151,435 131,434 21,447 20,037 485,231 452,103 3,897 3,006 21,886 21,847 14(a) 86,230 80,179 4 24,524 21,480 5 197,940 178,583 334,477 305,095 150,754 147,008 6 2,336 1,780 7 685 359 5,658 5,940 8 (902) (1,243) 558 20 (18) (8) 159,071 153,836 11(a) (39,047) (38,413) 120,024 115,423 (135) 42 119,889 115,465

66 2010 2009 119,640 115,166 384 257 120,024 115,423 119,505 115,208 384 257 119,889 115,465 13(a) 5.96 5.74 13(b) 5.89 5.67 7313236(b)

67 2010 2009 12 31 12 31 14(a) 385,296 360,075 15 54,868 46,094 12,040 11,201 16 36,894 36,894 17 813 727 19 40,175 20 8 6 21 9,720 8,939 22 162 23 77 77 540,053 464,013 24 4,249 3,847 25 7,632 6,405 26 7,076 3,490 26 10,151 9,064 27 293 25 11(c) 135 17 204,803 185,613 28 87,543 78,894 321,882 287,355 29 111,646 95,985 502 642 30 43,489 35,573 32 85,716 69,335 27 15 4 27 35 119 31(a) 4,981 33 68 68 11(c) 9,178 8,079 255,630 209,805 66,252 77,550 606,305 541,563

68 2010 2009 12 31 12 31 606,305 541,563 31(a) (28,615) (33,551) 30 (248) (317) 21 (39) (61) (28,902) (33,929) 577,403 507,634 2,139 2,139 574,018 504,609 576,157 506,748 1,246 886 577,403 507,634 73132

69 2010 2009 12 31 12 31 14(b) 3 4 18 476,782 476,782 20 34 14 476,819 476,800 18 47,074 41,620 7 28 2,259 6,662 49,340 48,289 2,477 1,269 18 4,981 27 35 119 7,493 1,388 41,847 46,901 518,666 523,701 18 (4,982) (9,918) 31(b) (23,633) (23,633) (28,615) (33,551) 490,051 490,150 36(a) 2,139 2,139 487,912 488,011 490,051 490,150 73132

70 2009 1 1 2,138 386,237 (291,965) 72 (1,081) 106,841 237,780 440,022 629 440,651 2009 115,166 115,166 257 115,423 42 42 42 42 115,166 115,208 257 115,465 36(b)(ii) (24,823) (24,823) (24,823) 36(b)(i) (23,791) (23,791) (23,791) 36(c)(ii) 1 138 (7) 132 132 36(d)(iii) 23,077 (23,077) 2009 12 31 2,139 386,375 (291,972) 72 (1,039) 129,918 281,255 506,748 886 507,634 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) 36(c)(ii) 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 73132

71 2010 2009 159,071 153,836 14(a) 86,230 80,179 5 62 56 298 261 5 11 5 2,763 4,493 5 4,019 4,503 5 55 16 (5,658) (5,940) 8 902 1,243 7 (17) (18) (558) 20 18 8 / 7 6 (3) 247,191 238,645 (457) (369) (5,232) (3,945) 170 127 (1,087) (1,423) / (268) 84 5,704 2,598 / (1) 25 7,847 2,376 16,369 11,946 / 11 (2) 270,247 250,062 (99) (80) (38,769) (42,859) 231,379 207,123

72 2010 2009 231,379 207,123 (113,203) (115,314) (1,135) (1,361) (162) (484) 12 13 (19,190) (54,780) (162) (2,700) 4,588 5,988 (39,617) 20 (20) (7) 7 17 18 (171,572) (165,927) 36(c)(ii) 93 132 (919) (1,292) 36(b) (50,201) (48,614) (24) (51,051) (49,774) / 8,756 (8,578) 78,894 87,426 (107) 46 28 87,543 78,894 61,457,000,00052,427,000,000451,000,000591,000,000 73132

73 1 (a) (b) 44 (c)

74 1 (c) 1(g)1(d) 1(j) (d) 1(j)

75 1 (d) 1(j) (e) (i) (ii) (ii)(i) 1(j) (f) 1(j) (i) 1(j) (ii) 1(j) 215

76 1 (g) 1(j) / / (h) 1(j) 8 35 5 10 4 18 (i) (i)

77 1 (i) (ii) 1(h) 1(j) (iii) (j) (i) 1(d) 1(j)(ii) 1(j)(ii)

78 1 (j) (i) (ii)

79 1 (j) (ii) (iii) / 34 1(j)(i) (ii) (k) 1(j)

80 1 (l) (m) 1(j) 1(j) (n) (o) (p) (q)

81 1 (r) (i) (ii) (iii) (iv) SIM (v) (vi) (s)

82 1 (s) (t) (u) (i)

83 1 (u) (i) (ii) / (iii) (v)

84 1 (w) (x) (i) (ii) (iii) (iv) (v) (i) (vi)

85 1 (y) 5% 2 / 3 / 27 / 2 5 / 2009 45 3 3%

86 4 2010 2009 22,039 19,316 2,485 2,164 24,524 21,480 5 2010 2009 90,590 80,043 31,390 28,109 4,019 4,503 55 16 62 56 7,208 6,449 1 2,631 2,302 11 2,763 4,493 2 83 80 3 1 4 11 9 5 59,127 52,512 197,940 178,583 1 2 404SOX404 19,000,000 19,000,000 3 1,000,00072,000 4 404 5

87 6 2010 2009 SIM 5,451 7,754 SIM (4,361) (5,974) 1,246 2,336 1,780 7 2010 2009 / (6) 3 257 265 17 18 417 73 685 359 8 2010 2009 5 431 777 471 466 902 1,243

88 9 161 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

89 9 2009 180 1,172 660 286 2,298 180 1,067 600 260 2,107 180 960 540 234 1,914 180 960 540 234 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 142 142 3,327 9,909 5,580 2,409 21,225 10 9

90 11 (a) 2010 2009 123 91 39,726 39,666 39,849 39,757 21 (802) (1,344) 39,047 38,413 (i) 16.5%16.5% (ii) 25% 20% 22% 24% 25% (b) 2010 2009 159,071 153,836 25% 39,768 38,459 (3) (2) (139) 562 699 111 155 (561) (470) 1 35 (352) (527) (340) 64 39,047 38,413

91 11 (c) 2010 2009 39,726 39,666 123 91 (17) (39) (30,730) (31,605) (59) (51) 12 31 9,043 8,062 135 17 9,178 8,079 12 550,000,000 861,000,000 2010 2009 (550) (861) 50,613 61,561 36(a) 50,063 60,700 36(b)

92 13 (a) 119,640,000,000 115,166,000,00020,062,910,11120,057,674,088 2010 2009 1 1 20,060,853,651 20,054,379,231 2,056,460 3,294,857 12 31 20,062,910,111 20,057,674,088 (b) 119,640,000,000 115,166,000,00020,321,332,46520,312,459,133 2010 2009 12 31 20,062,910,111 20,057,674,088 258,422,354 254,785,045 12 31 20,321,332,465 20,312,459,133

93 14 (a) 2009 1 1 63,674 544,837 22,065 630,576 648 1,427 1,203 3,278 9,280 101,548 2,883 113,711 (1) (8) (98) (107) (95) (35,788) (1,304) (37,187) (4) (4) 2009 12 31 73,506 612,012 24,749 710,267 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 2009 1 1 12,030 279,579 11,184 302,793 3,253 74,133 2,793 80,179 (7) (76) (83) (77) (31,533) (1,084) (32,694) (3) (3) 2009 12 31 15,206 322,169 12,817 350,192 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 2010 12 31 66,247 306,075 12,974 385,296 2009 12 31 58,300 289,843 11,932 360,075

94 14 (a) 2010 2,763,000,0002009 4,493,000,000 (b) 2009 1 1 17 2009 12 31 17 2010 1 1 17 2010 12 31 17 2009 1 1 11 2 2009 12 31 13 2010 1 1 13 1 2010 12 31 14 2010 12 31 3 2009 12 31 4

95 14 (c) 2010 2009 12 31 12 31 3 3 13 14 16 17 3,567 3,507 60,247 52,861 2,417 1,915 66,231 58,283 66,247 58,300 15 2010 2009 1 1 46,094 35,482 120,148 124,323 (111,374) (113,711) 12 31 54,868 46,094

96 16 2010 2009 1 112 31 36,894 36,894 / 36 0.5% 1% 10% 10%

97 17 2009 1 1 184 516 416 1,116 485 485 2009 12 31 184 516 901 1,601 2010 1 1 184 516 901 1,601 162 162 (23) (23) 2010 12 31 184 516 1,040 1,740 2009 1 1 516 302 818 56 56 2009 12 31 516 358 874 2010 1 1 516 358 874 62 62 (9) (9) 2010 12 31 516 411 927 2010 12 31 184 629 813 2009 12 31 184 543 727 0.5% 10% 10%

98 18 2010 2009 12 31 12 31 471,810 471,810 4,972 4,972 476,782 476,782 / 2 1(u)(ii) 4,972,000,0004,972,000,000 31(c) * 5,594,840,700 100% 100% * 2,117,790,000 (BVI) 1 1 100% 100% * 2,800,000,000 (BVI) 1 1 100% 100% * 5,247,480,000

99 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%

100 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% * 4,015,668,593 100%

101 18 (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% * 4,137,130,733 100% (BVI) 1 1 100%

102 18 * 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% (BVI) 1 1 100% * 1,641,848,326 100% * 30,000,000 100%

103 18 * 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 Advanced Roaming & Clearing House Limited 2 100% Fit Best Limited 1 100% 356,947,689 100% 1 1 100%

104 18 1 1 100% * ** # 66.41% 19 2010 2009 12 31 12 31 25,459 14,716 40,175 30% 30% 20%

105 19 39,617,000,00020% 2010 100% 2,162,100 49,876 19,076 20% 432,420 2,797* 848* * 35,556,000,000

106 20 2010 2009 2010 2009 12 31 12 31 12 31 12 31 34 14 8 6 8 6 34 14 JIL B.V. 25% JIL B.V. 33.33%25% JIL B.V.5,000,00034,000,000 JIL B.V.JIL B.V. JIL B.V. 19,000,0008,000,0001,000,00012,000,000 2,000,0008,000,0006,000,00018,000,000 8,000,000

107 21 / 2010 2010 1 1 / 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

108 21 2009 2009 1 1 / 12 31 5 1 6 1,849 (334) 1,515 2,989 946 3,935 1,669 (149) 1,520 1,102 861 1,963 7,614 1,325 8,939 (16) 9 (7) (64) 10 (54) (80) 19 (61) 7,534 1,344 8,878 2010 2009 12 31 12 31 9,720 8,939 (39) (61) 12 31 9,681 8,878

109 22 190,000,000162,000,000 23 2010 2009 12 31 12 31 77 77 24 SIM 25 (a) 2010 2009 12 31 12 31 30 5,295 4,275 3160 1,317 1,012 6190 639 673 90 381 445 7,632 6,405

110 25 (b) 2010 2009 1 1 6,095 4,548 4,005 4,514 (5,248) (2,967) (1) 12 31 4,851 6,095 (c) 2010 2009 12 31 12 31 6,869 5,784 763 621 7,632 6,405 26

111 27 / / 31(d) 28 2010 12 31 2009 12 31 2010 12 31 2009 12 31 6,043 8,971 2,251 6,637 81,500 69,923 8 25 87,543 78,894 2,259 6,662 29 2010 2009 12 31 12 31 1 88,525 72,883 23 9,888 8,965 46 5,519 6,420 79 3,337 3,691 1012 4,377 4,026 111,646 95,985

112 30 2010 2009 1 1 35,890 33,514 35,573 32,930 317 584 241,927 211,040 (234,076) (208,664) (4) 12 31 43,737 35,890 (43,489) (35,573) 248 317 31 (a) 2010 12 31 2009 12 31 31(c) 4,981 4,982 9,963 9,918 9,918 31(d) 23,633 23,633 23,633 23,633 4,981 28,615 33,596 33,551 33,551

113 31 (b) 2010 12 31 2009 12 31 23,633 23,633 (c) (i) 5,000,000,000 100% (ii) 5,000,000,000 4.5%100% (d) 9,976,000,000 13,657,000,000 LIBOR 1.123% 1.238%3.238% 3.331%

114 32 2010 2009 12 31 12 31 49,571 41,281 13,489 11,900 4,797 4,391 17,859 11,763 85,716 69,335 33 2010 12 31 2009 12 31 1 68 3 71 68 3 71 34 (a) (b) 5%20,000

115 35 10% 10% 1.00 (i) (ii) (iii)

116 35 (a) 2010 2009 2002 7 3 7,000 7,000 50%2 50%5 10 2004 10 28 744,175 744,175 40%1 30%2 30%3 10 2004 12 21 475,000 475,000 40%1 30%2 30%3 10 2005 11 8 5,685,500 5,685,500 40%1 30%2 30%3 10 2002 7 3 29,997,239 33,451,909 50%2 50%5 10 2004 10 28 118,704,584 119,656,204 40%1 30%2 30%3 10 2005 11 8 267,391,975 267,555,280 40%1 30%2 30%3 10 423,005,473 427,575,068

117 35 (b) 2010 2009 1 1 30.51 427,575,068 30.40 434,049,488 23.26 (4,569,595) 23.15 (6,474,420) 12 31 30.59 423,005,473 30.51 427,575,068 12 31 30.59 423,005,473 30.51 427,575,068 79.6380.08 22.7534.8722.75 34.874.35.3

118 36 (a) 2009 1 1 2,138 386,237 3,700 72 (859) 86,598 477,886 2009 60,700 60,700 46 46 46 60,700 60,746 36(b)(ii) (24,823) (24,823) 36(b)(i) (23,791) (23,791) 36(c)(ii) 1 138 (7) 132 2009 12 31 2,139 386,375 3,693 72 (813) 98,684 490,150 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) 36(c)(ii) 101 (8) 93 2010 12 31 2,139 386,476 3,685 72 (867) 98,546 490,051 98,618,000,000 98,756,000,000

119 36 (b) (i) 2010 2009 1.4171.236 20091.3461.187 24,550 23,791 1.597 1.35920091.458 1.284 27,268 25,753 51,818 49,544 1 =0.85093 (ii) 2010 2009 1.4581.284 20091.4041.238 25,651 24,823

120 36 (c) (i) 2010 2009 30,000,000,0000.10 3,000 3,000 2010 2009 1 1 20,060,853,651 2,006 2,139 20,054,379,231 2,005 2,138 36(c)(ii) 4,569,595 6,474,420 1 1 12 31 20,065,423,246 2,006 2,139 20,060,853,651 2,006 2,139 (ii) 4,569,595106,457,000 93,398,000457,000398,000106,000,000 93,000,000 8,000,0008,000,0001(u)(ii) (d) (i) 48B (ii) 1(u)(ii) 295,665,000,000

121 36 (d) (iii) 10% 50% 10% 25% 74,456,000,00062,332,000,00079,687,000,000 67,563,000,00023,000,00023,000,00012,000,000 (iv) 1(w) (e) 5.6%6.3%

122 37 (a) 2010 2009 (i) 951 1,207 (ii) 2,037 3,913 / (iii) 431 774 (iv) 319 379 (iv) 431 435 (iv) 94 59 / (v) 578 222 / (vi) 37 10 / (vi) 536 495 (i) (ii) (iii) (BVI) / (iv) / / (v) TD-SCDMA / TD-SCDMA 60 TD-SCDMA (vi) / /

123 37 (b) 2010 2009 (i) 1,999 (ii) 9 (iii) 29 (i) (ii) (iii) (c) 9 38 37(a) (a) 2010 2009 17,028 14,655 19,076 18,908 2,251 2,164

124 38 (b) 2010 12 31 2009 12 31 943 580 709 964 (c) 2010 2009 5,625 5,896 (d) 2010 12 31 2009 12 31 203,148 183,602 86,689 72,085

125 39 (a) 25(b) (b)

126 39 (b) 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 2009 12 31 95,985 95,985 95,985 642 642 642 69,335 69,335 69,335 4 4 4 119 119 119 23,633 26,113 514 514 514 24,571 9,918 12,052 425 5,542 450 5,635 68 71 71 199,704 204,321 167,095 6,056 964 30,206

127 39 (b) 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 2009 12 31 1,269 1,269 1,269 9,918 12,052 425 5,542 450 5,635 119 119 119 23,633 26,113 514 514 514 24,571 34,939 39,553 2,327 6,056 964 30,206

128 39 (c) 31 2010 2009 2010 2009 2001 4.00% 5,000 4.87% 5,000 2002 2.22% 9,976 3.33% 9,976 2.22% 9,976 3.33% 9,976 2004 2.23% 13,657 3.24% 13,657 2.23% 13,657 3.24% 13,657 / / / 37,500,00037,500,000 LIBOR / / / 236,000,000 236,000,000 LIBOR / 292,346,000,000 264,507,000,0005,658,000,0005,940,000,000 2.03%2.46% / / 2,202,000,0002,003,000,000 (d) 1.3%3.1%

129 39 (e) 2010 12 31 2009 12 31 9,963 10,038 9,918 10,077 40 (a) 2010 2009 2010 2009 4,469 5,160 2 14,211 20,494 18,680 25,654 2 17,669 15,663 16 79,819 61,919 97,488 77,582 16 22,138 20,823 18 94,030 82,413 116,168 103,236 18

130 40 (b) 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 2009 12 31 1 4,459 1,069 554 6,082 11 15 8,809 1,429 541 10,779 10 5 3,161 308 141 3,610 16,429 2,806 1,236 20,471 21 41 36(b)(i) 42 43

131 44 16 17 39

132 45 / / 242009 2011 1 1 / 7 2011 7 1 / 12 2012 1 1 / 9 2013 1 1 / (2010) 2010 7 12011 1 1

133 2010 2009 2008 2007 2006 2 312,349 300,632 278,608 247,727 210,039 2 151,435 131,434 113,288 91,744 68,813 21,447 20,037 19,914 18,006 14,710 485,231 452,103 411,810 357,477 293,562 3,897 3,006 2,641 2,330 2,451 21,886 21,847 22,264 21,500 18,783 86,230 80,179 71,509 67,354 64,574 24,524 21,480 19,960 18,277 16,853 2 197,940 178,583 153,041 124,303 99,894 334,477 305,095 269,415 233,764 202,555 2 150,754 147,008 142,395 123,713 91,007 2,336 1,780 2,159 2,323 2,872 685 359 517 657 285 5,658 5,940 6,002 4,015 2,604 (902) (1,243) (1,550) (1,825) (1,510) 558 (18) (8) 159,071 153,836 149,523 128,883 95,258 (39,047) (38,413) (36,735) (42,143) (29,760) 120,024 115,423 112,788 86,740 65,498 (135) 42 (393) (645) (43) 119,889 115,465 112,395 86,095 65,455

134 2010 2009 2008 2007 2006 119,640 115,166 112,627 86,623 65,410 384 257 161 117 88 120,024 115,423 112,788 86,740 65,498 119,505 115,208 112,234 85,978 65,367 384 257 161 117 88 119,889 115,465 112,395 86,095 65,455

135 2010 2009 2008 2007 2006 12 31 12 31 12 31 12 31 12 31 385,296 360,075 327,783 257,170 218,274 54,868 46,094 35,482 47,420 52,436 12,040 11,201 10,102 8,383 7,675 36,894 36,894 36,894 36,894 36,894 813 727 298 469 700 40,175 8 6 7 2 9,720 8,939 7,614 6,121 7,873 162 77 77 77 77 77 2 66,252 77,550 56,611 49,916 28,489 2 606,305 541,563 474,868 406,450 352,418 (28,615) (33,551) (33,553) (33,582) (33,574) (248) (317) (584) (597) (930) (39) (61) (80) (122) (192) 577,403 507,634 440,651 372,149 317,722 (1) (2) (IFRIC)/ (IFRIC)13

136 IDC IDC SIM LTE 3G LTE FDD TDDTDDTD-SCDMA TD-LTE LTE LTE 2G 3G WAP WWW Mobile Market WAP / RFID WWW SMS/MMS TD-SCDMA 3G 3G3G TD-SCDMA WLAN WiFi PDA 139 PC 139 G3