Tuesday, July 24, 2007

China Mobile Users Rise Above 500 Million on Price Cuts, Set to Beat Goal

(Bloomberg) -- China's number of mobile-phone users
rose to more than 500 million in June as the nation's biggest
carrier cut some charges to attract record customers, driving
growth at a faster pace than the country's government forecast.

Chinese mobile-phone operators added 40.6 million users in
the first six months for a total of 501.7 million, Wang Lijian a
spokesman at the Beijing-based regulator said today. At the
current pace, China will reach the government's target of 520
million users ahead of its end-of-year goal.


Read more at Bloomberg Emerging Markets News

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