Wednesday, July 22, 2009

China: The three telecom operators had already invested RMB 80 billion in 3G, against a total of over 1 billion mobile users

[jlm Pacific Epoch] The Ministry of Industry and Information Technology (MIIT) disclosed July 22 that China's three telecom operators invested RMB 80 billion in 3G in the first half of 2009. Fixed asset investment in the telecom industry totaled RMB 129.14 billion in the half-year period, up 13.6% year-on-year. Telecom revenues in the first six months grew 2.3% year-on-year to RMB 417.1 billion, including a 2.7% year-on-year increase year-on-year in the second quarter and a 3.3% year-on-year increase in June.

China added 43.52 million phone users in the first six months to total 1.025 billion, and added 10.6 million broadband users to top 93.48 million, while the country's overall number of Internet users expanded 10 million to 338 million. China also added 26.23 million wireless application protocol (WAP) users.

Average telecom charges in the period dropped 8.5% year-on-year.

MIIT: Telecos Spend RMB 80B on 3G in H1

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