MOBI Antenna

What MOBI Antenna does

MOBI Antenna (Mobi antenna technology (Shenzhen) Co., Ltd., 摩比天线技术（深圳）有限公司) is a Shenzhen-headquartered wireless RF and antenna engineering company founded in 1999 and listed on the Hong Kong Stock Exchange (HKEX: 00947) since 2009 via its holding company MOBI Development Co., Ltd. The company designs and manufactures base-station antennas (high-frequency, ultra-high-frequency, low-frequency, multi-beam, smart and beautification antennas), RF subsystems (RF base-station modules, RF antenna-feeder accessories, Remote Radio Units), and complementary products including cloud-managed Wi-Fi access points, switches, smart light poles, micro base stations and IoT solutions, with R&D and manufacturing sites in Shenzhen, Xi'an, Ji'an and Wuhan. Its technology stack is grounded in multi-decade RF and antenna expertise, supported by the MIIT-designated National Specialized & Sophisticated 'Little Giant' status (2021) and provincial 5G engineering research centers in Guangdong and Jiangxi.

MOBI operates a pure B2B enterprise and OEM go-to-market: it sells directly to China's three state-owned operators (China Mobile, China Unicom, China Telecom) and the world's four leading RAN equipment vendors (Huawei, Ericsson, Nokia, ZTE), and is embedding antennas and RF components into multi-vendor base station solutions globally. Pricing is quote-based and negotiated per contract, with no public consumer channel. Revenue is hardware-driven, anchored by base-station antenna and RF subsystem sales (H1 2023 revenue of approximately RMB 3.457 billion, +6.9% YoY, with base-station RF subsystem sales +28.3% YoY and gross margin expansion to ~20.1%). The Group is pursuing a stated 'communications + new energy' strategy, having launched a Distributed Photovoltaic New-Energy business line in January 2024 as a 'second growth curve' alongside distributed PV projects at the Xi'an, Ji'an and Shenzhen campuses. The company is led by founder/Chairman & President Hu Xiang, with founder control preserved since 1999.

Name

MOBI Antenna

Legal name

摩比天线技术（深圳）有限公司 (Mobi antenna technology (Shenzhen) Co., Ltd.)

Website

https://mobi-antenna.com

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

MOBI Antenna is a Shenzhen-based, Hong Kong-listed (00947.HK) wireless RF and antenna manufacturer founded in 1999, supplying base-station antennas, RF subsystems and smart-light-pole solutions to China's three state-owned operators (China Mobile, China Unicom, China Telecom) and the world's leading RAN OEMs (Huawei, Ericsson, Nokia, ZTE), with a newly launched PV new-energy business line.

Ownership category

akta.pro rank

Headquarters

HQ city

Guangdong

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. Hardware sales — base station antennas: Bulk supply of base station antenna systems to telecom operators and RAN equipment vendors; the largest revenue stream with mid-single-digit growth (e.g., 2023 H1 revenue of RMB 3.457B, +6.9% YoY).
2. Hardware sales — RF products and filters: Sale of RF subsystems, filters and related components to telecom operators and global equipment vendors such as Huawei, Ericsson, Nokia and ZTE.
3. New-business hardware — smart Wi-Fi, micro base stations, smart light poles, IoT: Hardware and solution sales of next-generation wireless products (smart Wi-Fi, small cells, smart light poles, IoT devices) representing growth optionality beyond legacy antenna/RF business.
4. Professional services — design, integration and technical support: Design, customization and integration services provided alongside hardware sales to operator and OEM customers.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

MOBI Antenna (Mobiantenna Technology Shenzhen Co., Ltd.) designs, manufactures, and sells RF antenna systems and related telecom equipment for mobile communications networks. Its portfolio spans base station antennas, RF subsystems, cavity and ceramic filters, 5G antenna products, smart Wi-Fi systems, micro base stations, and IoT-integrated smart light poles, sold primarily to telecom operators and telecom equipment OEMs.

Product overview

MOBI Antenna is a platform-plus-modules supplier organized around two main business lines: a Carrier Business (运营商业务) covering the Antenna Series (high-frequency, ultra-high-frequency, low-frequency, multi-beam, smart and beautification antennas) and the RF Series (RF base-station modules, RF antenna-feeder accessories and RRU), and an Enterprise Business (企业业务) built on a Cloud AP / Switch / Cloud Platform / Terminal Products stack that supports managed enterprise Wi-Fi and IoT solutions. Layered on top are industry solutions including the 5G Smart Light Pole (智慧灯杆), Smart Shared Pole Tower with Integrated Management Platform, Smart Government Wireless Office Network, Smart Agriculture, Smart Water and City Brain vertical applications, plus a growing Distributed Photovoltaic New-Energy business line (announced 2024) and the MOBI Mini Program Mall channel that sells MOBI-branded chargers, routers and indoor APs to end users.

Differentiator

Problem solved

Functional benefit

Products and services

• Base Station Antennas Multi-band and ultra-wideband base station antennas for 2G/3G/4G/5G macro cell deployments, sold to mobile network operators (China Mobile, China Unicom, China Telecom, China Tower) and telecom equipment OEMs.
• RF Subsystems Integrated RF subsystems, including AAU/RRU-related radio modules, designed for inclusion in OEM base station platforms and operator network rollouts.
• Filters (Cavity and Ceramic) Microwave cavity and ceramic filters used in base station and RF subsystem applications to manage frequency selectivity and interference in mobile networks.
• 5G Antenna Products 5G base station antenna products, including massive MIMO and beamforming antenna systems, designed for 5G macro and micro cell deployments by telecom operators and OEMs.
• Smart Wi-Fi Systems Smart Wi-Fi access points and indoor distributed antenna system (DAS) products for carrier-grade and enterprise wireless coverage applications.
• Micro Base Stations Compact micro/small cell base station products used for network densification and indoor/urban coverage by telecom operators and integrators.
• Smart Light Poles (IoT-integrated) Smart city/IoT light pole solutions integrating lighting with small cell radios, Wi-Fi, and IoT sensors for urban 5G densification and smart-city deployments.

Quantifiable outcome

• RMB 3.457 billion in 2023 H1 revenue (+6.9% YoY)

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• NokiaflagshipOEM/ Whitelabel/ Licensing PartnerLong-standing commercial/ OEM supply relationship in which MOBI Antenna provides antennas and RF products embedded into Nokia's global RAN solutions. Nokia is one of MOBI's anchor equipment-vendor customers.
• EricssonflagshipOEM/ Whitelabel/ Licensing PartnerOEM supply partnership under which MOBI Antenna delivers antennas and RF components integrated into Ericsson's global base station portfolio, alongside being a recognized vendor to major Chinese operators.
• China TowercoreStrategic or Co-development PartnerStrategic partnership with China Tower Corporation, the world's largest telecom tower operator, supporting wireless infrastructure deployment and the rollout of smart light pole / IoT-enabled sites.

Scale indicators6 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• ZTE Corporation: ZTE is a major Chinese RAN vendor and one of MOBI's named OEM customers for antennas and RF products. It is comparable both as a customer and as a vertically integrated supplier of RAN equipment that competes for operator business alongside MOBI's operator-direct sales.
• CommScope Holding: CommScope is a US-headquartered global incumbent in telecom network infrastructure including base-station antennas, RF subsystems, filters and cabling. Although much larger and broader in scope, it directly competes with MOBI in operator antenna supply and OEM RF component integration.
• Amphenol (including PCTEL): Amphenol is a global incumbent in interconnect, antenna and RF solutions for telecom and industrial markets (now including PCTEL's antenna systems business). Overlaps with MOBI in base-station and small-cell antenna product categories, though within a much broader portfolio.
• Ericsson (antenna business): Ericsson is both an OEM customer buying antennas and RF components from MOBI and a manufacturer of antennas (including legacy Kathrein assets). Represents a hybrid customer/competitor relationship analogous to MOBI's position with Huawei.
• Nokia (RAN and antenna business): Nokia is a flagship OEM customer of MOBI Antenna (multi-year OEM supply arrangement) and also operates its own RAN and antenna capabilities. The dual customer/competitor dynamic mirrors MOBI's relationship with Huawei and Ericsson.
• Huawei (base station antenna and RAN business): Huawei is both one of MOBI's largest OEM customers and a vertically integrated manufacturer of base-station antennas for its own RAN products. Comparable in the antenna/RF technology stack but competes as an internal-capture supplier to its own equipment.

Direct peers

• Tongyu Communication: Tongyu Communication (002792.SZ) is one of China's largest independent base-station antenna manufacturers, supplying multi-band 4G/5G antennas and RF subsystems to operators and RAN OEMs globally. It is the closest direct competitor to MOBI Antenna in product scope, customer profile and scale.
• Shenzhen Sunway Communication: Sunway Communication (002902.SZ) manufactures RF components, antennas and wireless charging products for mobile devices and base stations, serving handset OEMs and telecom equipment vendors. Comparable to MOBI in RF component capabilities and OEM supply model.
• Shenglu Telecommunication: Shenglu Telecommunication (002446.SZ) is another Shenzhen-based Chinese listed base-station antenna and RF cable/connector manufacturer with overlapping product lines and similar carrier and OEM customers. It competes head-to-head with MOBI in domestic and overseas operator tenders.

Others

• Rosenberger Hochfrequenztechnik: Rosenberger is a German-headquartered global manufacturer of RF connectors, cable assemblies and antenna systems used in wireless infrastructure. It is comparable to MOBI as an RF and antenna component supplier into the same RAN equipment and operator ecosystem, though with a different product mix emphasis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mobiantenna
• LinkedInlinkedin.com/company/mobi-antenna-technologies-shenzhen-co.-ltd.

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MOBI Antenna