Friday, May 30, 2008

China - earthquake damage

MII: Telecom's Earthquake Loss Reaches RMB 6.7B

China's telecom industry is facing a loss of approximately RMB 6.72 billion due to the May 12 earthquake in Sichuan province, reports Sina quoting Ministry of Industry and Information (MII) vice director Zhao Zhiguo on May 30. As of 3 PM on May 29, 28,714 mobile base stations and 3,897 telecom bureaus and institutions had been affected by the disaster while 142,078 telecom posts had been destroyed, according to MII data. Telecom companies suffered eight deaths, 69 injuries and 34 disappearances from the earthquake.

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