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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, October 22, 2010

China Mobile Growth Slows Slightly

Driven by growth in its customer base, voice usage and value-added services, China Mobile said its revenue in the first nine months of 2010 rose 7.8% year-on-year to 352.64 billion yuan. In the third quarter, revenue was up 7.7% to 122.83 billion yuan (18.43 billion US dollars).

China Mobile said: "The increasing penetration rates of mobile telecommunications and the changes in competition environment of the telecommunications industry have posed challenges to the Group." source: China Mobile statement

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