China’s Telecom Business Revenue Up 7.7% In July 2017 – ChinaTechNews.com

25

China’s telecom business volume maintained a high growth rate in July 2017 and the related business revenue increased by 7.7% year-on-year, according to statistics from China’s Ministry of Industry and Information Technology.

In July 2017, China realized total telecom business volume of CNY222.4 billion, a year-on-year increase of 71.9%; and its telecom business revenue was CNY106.3 billion, a year-on-year increase of 7.7%, which was 2.8 percentage points higher than the previous month.

From January to July 2017, China’s total telecom business volume was CNY1.322 trillion, a year-on-year increase of 56.3%; and its telecom business revenue was CNY751.7 billion, a year-on-year increase of 5.9%.

At the same time, the ratio of mobile communications business revenue was at the same level of June 2017.

From January to July 2017, China’s three major telecom operators China Mobile, China Unicom, and China Telecom realized mobile communications business revenue of CNY544.4 billion, a year-on-year increase of 5%, and it accounted for 72.4% of telecom business revenue. Their fixed-line communications business revenue was CNY207.2 billion, a year-on-year increase of 8.2%, and accounted for 27.6% of telecom business revenue.

In July 2017, China’s mobile data business revenue increased by 29.3% compared with the same period of last year. Over the first seven months of 2017, China’s three major telecom operators achieved revenue of CNY115 billion for the fixed-line data and fixed-line Internet business, representing a year-on-year increase of 9.3%. Their mobile data and mobile Internet business revenue was CNY320.9 billion, a year-on-year increase of 29.3%.

Source