a wholly-owned subsidiary of China Mobile. Although listed on both the New York and Hong Kong stock exchanges, China Mobile is majority owned by China Mobile Communications Corporation, "a Chinese state-owned enterprise subject to supervision of . . . [the State-owned Assets Supervision and Administration Commission ('SASAC')]."[1] "The Chinese government holds a direct 100 percent ownership interest in China Mobile Communications Corporation."[2] At the time China Mobile USA applied for Section 214 authorization, China Mobile Communications Corporation owned more than 70 percent of China Mobile.[3]
- ↑ Executive Branch Recommendation re China Mobile USA, supra note 56, at 3. See also Application of China Mobile International (USA) Inc. for Authority to Provide International Facilities-Based and Resold Services to All International Points, at Attach. 2—Answer to Question 14. In January 2015, China Mobile (USA) alerted the FCC that its immediate parent company had been transferred to China Mobile International (UK) Limited, which was also majority controlled by China Mobile Communications Corporation. Thus, the change was in name only and had no effect on China Mobile USA's ultimate ownership or its status as a Chinese state-owned entity. See Letter from K. Bressie et al., Counsel to China Mobile USA, to Marlene Dortch, Sec'y, Fed. Commc'ns Comm'n (Jan. 30, 2015).
- ↑ See Application of China Mobile International (USA) Inc. for Authority to Provide International Facilities-Based and Resold Services to All International Points, at Attach. 2—Answer to Question 14.
- ↑ Executive Branch Recommendation re China Mobile USA, supra note 56, at 3.
- ↑ The diagram is derived from information contained in Executive Branch Recommendation re China Mobile USA, supra note 56; In the Matter of China Mobile Int'l (USA) Inc., FCC No. 19-38, 34 FCC Red 3361 (May 10, 2019); China Mobile FY2019 Form 20-F, supra note 123.
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