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Industry

China's telecom sector posts steady growth in first seven months

August 24, 2020


Abstract : China's telecommunications industry saw steady growth in the first seven months of this year, data showed.

BEIJING, Aug. 22 (Xinhua) -- China's telecommunications industry saw steady growth in the first seven months of this year, data showed.

The combined industrial revenue reached 802.7 billion yuan (about 116.16 billion U.S. dollars) during the period, up 3.1 percent year on year, according to the Ministry of Industry and Information Technology.

Revenue from fixed-line communications of the three telecom giants -- China Telecom, China Mobile and China Unicom -- totaled 272.9 billion yuan in the period, rising 11.5 percent year on year.

By the end of last month, the number of mobile phone users rose 0.4 percent year on year to nearly 1.6 billion, including some 1.29 billion 4G subscribers.

Data also showed that the number of fixed broadband internet users in China grew steadily during the period, with 87.4 percent of subscribers' internet speed reaching over 100 Mbps. Enditem

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Keyword: telecom sector

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