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China's telecom industry's core biz revenue up 10.2% in Q1

Apr. 27, 2012 (China Knowledge) - Chinese telecom operators saw their revenue from core business grow 10.2% year on year to RMB 250.55 billion in the first three 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 311.87 billion during the period from January to March, up 17.4% year on year, said the ministry.
 
Revenue from mobile telecom business increased 13.3% year on year to RMB 180.83 billion in the first three months, accounting for 72.17% of the total core business revenue. The ratio was 70.22% in the same period of 2011.
 
Income from fixed-line telecom business rose 3.0% from a year earlier to RMB 69.72 billion, accounting for 27.83% of the total core business revenue, compared with a ratio of 29.78% in the corresponding period of 2011.
 
The telecom industry saw its core business revenue increase 9.1% in East China, 12.0% in Central China and 13.8% 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 36.7 billion, RMB 20.6 billion, RMB 18.4 billion, RMB15.1 billion and RMB 12.7 billion in the first three months, respectively.






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