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Mobile providers snare more than 50% of telco revenues
By STAFF EDITOR
Published: January 30, 2008 12:00 PM
Revenue from mobile services jumped 17.8% to US$51.47 billion (RMB370.27 billion), accounting for 50.9% of China’s total telecom revenue last year, the China Securities Journal reported, citing figures from the Ministry of Information Industry. Mobile services captured 47.3% of total revenues in 2006. Overall revenue growth across the telecom sector was just 11.8% as landline revenues fell 5.5% year-on-year to US$24.29 billion (RMB174.78 billion), accounting for 24% of total ...
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