Vodafone Loses Crown to China Mobile
"Vodafone is facing up to life without the title of the world's largest mobile phone company.
The Newbury-based group has lost its crown to China Mobile, a company which was only set up in 2000 and now has a market value of £69.7 billion, against £57.9 billion for Vodafone.
According to reports yesterday, China Mobile also claims to be the world's largest mobile phone operator ranked by number of subscribers.
It has more than 200 million customers while the most recent figure from Vodafone shows 186.8 million worldwide. Vodafone's turnover is still ahead of China Mobile's."