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China's telecom industry's core biz revenue up 9.2% in Jan-Oct

Nov. 30, 2012 (China Knowledge) - Chinese telecom operators saw their revenue from core business grow 9.2% YoY to RMB 893.72 billion in the first ten 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 1.08 trillion during the period from January to October, up 11.6% YoY, said the ministry.
Revenue from mobile telecom business increased 11.1% YoY to RMB 658.63 billion in the first ten months, accounting for 73.7% of the total core business revenue. The ratio was 72.4% in the same period of 2011.
Income from fixed-line telecom business rose 4.3% from a year earlier to RMB 235.09 billion, accounting for 26.3% of the total core business revenue, compared with a ratio of 27.6% in the corresponding period of 2011.
The telecom industry saw its core business revenue increase 8.3 % in East China, 10.4% in Central China and 13.4% 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 122.1 billion, RMB 68.9 billion, RMB 61 billion, RMB 51.3 billion and RMB 41.8 billion in the first ten months, respectively.

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