China Mobile reaches user target for4Gsubscribers
ChinaMobile has topped its year-end goal of acquiring 50 million 4G subscribers by the end of October, the State-owned Assets Supervision and Administration Commission said on Thursday. In 10 months, China’s largest telecom carrier built 470,000 base stations for its next-generation, highspeed network as well as reaching its annual subscriber target. ChinaMobile’s swiftly growing 4G business is a rare bright spot for the carrier. In October, it reported an annual revenue drop for the first time since at least 2009.