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Telecom Revenue Up 4.6% in July, Up 6.6% in Jan-July
[August 21, 2014]

Telecom Revenue Up 4.6% in July, Up 6.6% in Jan-July


(Sinocast Telecommunications Beat (China) Via Acquire Media NewsEdge) BEIJING, August 21, SinoCast -- The Ministry of Industry and Information Technology (MIIT) declared telecom business volume of CNY 151.31 billion for three telecom infrastructure companies in July, rising 14.6% from a year earlier. Telecom service revenue reached CNY 96.8 billion, climbing 4.6%.



In the first seven months, telecom business volume was CNY 1.01 trillion, hiking 15% and telecom service revenue CNY 692.54 billion, inching up 6.6%. Meanwhile, mobile phone users increased 34.293 million.

In July, mobile broadband users totaled 498 million, with a 39.4% penetration rate to mobile phone users.

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