Stable proceeds expansion witnessed in China's telecom industry


(MENAFN)

According to official figures, telecommunications sector of China recorded stable proceeds increase during the January-October period of the current year.

The Ministry of Industry and Information Technology stated that, the combined developed proceeds amounted around USD172.1 billion the stated time span, a rise by 3.3 percent annually.

During the first 10 months, proceeds from fixed-line telecommunications from the country's three telecom giants reached around USD58 billion, climbing 11.2 percent annually.

The amount of cell phone users amounted 1.6 billion, comprising around 1.3 billion 4G subscribers.

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