Wednesday, October 27, 2010

China Telecom Reaches 83 Million Mobile Subscribers

China Telecom reported revenue of RMB 163 billion for the first nine months of 2010, up 5.4% for the year. The company reported continued growth in mobiles and broadband, but continued local line losses and churn in its Personal Handyphone System (PAS) subscribers.

Facing the challenges from the intensified mobile substitution and churn of Personal Handyphone System
(PAS) subscribers, the Group continued to record negative growth in its number of local access lines in
service for the first three quarters.

The number of wireline broadband subscribers reached 61.07 million, representing a net addition of 7.61 million.

The number of mobile subscribers reached 82.98 million (of which 3G subscribers reached 9.15 million), representing a net addition of 26.89 million for the first three quarters.