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China Mobile Managing Director and CEO Retires at 60

By Luo Guoping and Mo Yelin / Sep 30, 2019 01:12 PM / Business & Tech

Photo: VCG

Photo: VCG

Li Yue, the managing director and CEO of China’s largest mobile carrier China Mobile, has retired at the age of 60, according to an internal letter seen by Caixin.

A veteran of the country’s telecom industry, Li took the helm at China Mobile in 2010, after spending a long and varied career at the company that saw him take charge of interests ranging from infrastructure, to sales and marketing, to data management.

During his tenure as China Mobile’s managing director, Li played a major role in pushing for market-oriented reform at the state-owned company. He also played a leading role in establishing the most extensive fourth-generation mobile network among the three big state-owned carriers.

Read the full story on Caixin Global later today.

Contact reporter Mo Yelin (yelinmo@caixin.com)

Related: China Unicom, China Telecom Link Up on 5G Construction

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