China Mobile 3G subscribers top one million in July 2009
The total number of 3G subscribers of China Mobile reached 1.09 million at the end of July 2009, an increase of 129,000 from the previous month, according data released by the largest carrier in China.
China Mobile's total mobile subscribers increased by 4.55 million to 497 million at the end of July, the company said.
However, the company has lowered the target of its 3G subscribers for 2009 to three million compared to 10 million projected previously. The downward adjustment was due to a slow process in the establishment of its TD-SCDMA networks and a lack of CPE products, according to market sources.
China Mobile has also reported revenues of 212.9 billion yuan (US$31.16 billion) for the first half of 2009, up 8.9% on year, whereas net profits were up 1.4% to 55.33 billion yuan during the same period.
China Mobile's total mobile subscribers increased by 4.55 million to 497 million at the end of July, the company said.
However, the company has lowered the target of its 3G subscribers for 2009 to three million compared to 10 million projected previously. The downward adjustment was due to a slow process in the establishment of its TD-SCDMA networks and a lack of CPE products, according to market sources.
China Mobile has also reported revenues of 212.9 billion yuan (US$31.16 billion) for the first half of 2009, up 8.9% on year, whereas net profits were up 1.4% to 55.33 billion yuan during the same period.
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