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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.

Wednesday, August 22, 2012

Mobile Data Momentum for China Telecom

China Telecom said that its operating revenues rose 14.8% year-on-year in the first half of 2012 to 138.02 billion Chinese yuan (21.73 billion US dollars). Excluding sales of mobile devices, the telco's operating revenues climbed 11.2% to 126.58 billion yuan.

China Telecom reported that it now has 144 million mobile connections (including almost 51 million 3G connections), representing a net addition of 17.71 million from the end of last year. The total number of wireline broadband subscribers reached 83.70 million, representing a net addition of 6.89 million from the end of last year.

Selling both the iPhone and low cost smartphones (about 1,000 yuan or 155 dollars), the company said: "In the first half of the year, mobile data revenue was 19.27 billion yuan, representing an increase of 46.7% over the same period last year. Mobile data revenue accounted for 45.3% of the mobile service revenue, which is at an industry-leading level." source: China Telecom statement

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