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China's telecom industry's core biz revenue up 9.7% in Jan-May

Jun. 27, 2012 (China Knowledge) - Chinese telecom operators saw their revenue from core business grow 9.7% YoY to RMB 428.07 billion in the first five 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 528.28 billion during the period from January to May, up 13.8% YoY, said the ministry.
Revenue from mobile telecom business increased 12.3% YoY to RMB 311.35 billion in the first five months, accounting for 72.73% of the total core business revenue. The ratio was 71.04% in the same period of 2011.
Income from fixed-line telecom business rose 3.3% from a year earlier to RMB 116.73 billion, accounting for 27.27% of the total core business revenue, compared with a ratio of 28.96% in the corresponding period of 2011.
The telecom industry saw its core business revenue increase 8.6% in East China, 11.1% in Central China and 13.2% 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 60.2 billion, RMB 34.4 billion, RMB 30.8 billion, RMB 25.5 billion and RMB 21.1 billion in the first five months, respectively.

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