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China's telecom industry's core biz revenue up 11.3% in Jan-Feb

Apr. 2, 2012 (China Knowledge) - Chinese telecom operators saw their revenue from core business grow 11.3% year on year to RMB 160.55 billion in the first two months of this year, according to the latest statistics released by the Ministry of Industry and Information Technology.
 
The industry's total business volume was RMB 202.66 billion during the period from January to February, up 18.8% year on year, said the ministry.

Revenue from mobile telecom business increased 15.2% year on year to RMB 114.81 billion in the first two months, accounting for 71.51% of the total core business revenue. The ratio was 69.05% in the same period of 2011.
 
Income from fixed-line telecom business rose 2.4% from a year earlier to RMB 45.74 billion, accounting for 28.49% of the total core business revenue, compared with a ratio of 30.95% in the corresponding period of 2011.

The telecom industry saw its core business revenue increase 10.4% in East China, 13.3% in Central China and 14.7% in West China respectively.
 
The top five provinces that booked the highest telecom business revenue were Guangdong Province, Jiangsu Province, Zhejiang Province, Shandong Province and Sichuan Province, in which their revenues were RMB 23.5 billion, RMB 13.6 billion, RMB 12.25 billion, RMB10 billion and RMB 8.4 billion in the first two months, respectively.






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