Tuesday, September 25, 2007

China's communications market grows 11% in 1st 8 months

According to a report published by China's Ministry of Information Industry (MII), the country's communications sector drew revenue of RMB 523.47 billion in the first eight months of the year, reflecting a growth of 11% from the same period in 2006.

The survey conducted comprised of postal and telecom services. A further breakdown revealed that the telecoms sector grew by 10.7%, whilst the postal sector grew by 14.3%. The total revenue in the sectors amounted to RMB 475.29 billion and RMB 48.18 billion respectively.

During the period of the survey, the number of fixed line users grew by 4.64%, totaling at 372.45 million. By the end of August, the number of mobile phone consumers reached 515.67 million, an increment of 54.59 million from the previous year.

In China, the number of mobile messages sent, scaled to 378.51 billion during the eight months period, a rise of 38.3% from 2006.

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