China Mo­bile reaches user tar­get for4G­sub­scribers

China Daily (Canada) - - BUSINESS -

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.

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