China Cell Phone communications business accounted for more than 60 percent of the total telecommunications industry income in the first nine months, a record high since the country started to collect such figures a decade ago, the industry regulator said Monday.
The portion of fixed line income fell 4 percentage points year on year to 28.2 percent from January to September, said the Ministry of Industry and Information Technology.
“The mobile substitution (of fixed line) will continue in the domestic market because of the lower and lower mobile rate and the development of 3G,” said Sandy Shen, a telecom analyst of Gartner Inc, a United States-based IT consulting firm.
In the period, China’s telecom industry posted revenue of 625.69 billion yuan (US$91.11 billion), a 3.1-percent rise annually, the ministry said.
