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Operators Announce February 2008 Subscriber Totals

Marbridge Consulting, 3/20/08

China's four main telecom operators have announced their subscriber totals for February 2008.

Mobile operators continued to see strong growth in user uptake. China Mobile (NYSE: CHL; 0941.HK) added 8 mln subscribers, its largest monthly gain to date, to reach 384 mln, while China Unicom (NYSE: CHU; 0762.HK; 600050.SH) added 1.5 mln new subs (1.2 mln GSM subs and 278,000 CDMA subs) to reach 165 mln (123 mln GSM subs and 42.5 mln CDMA subs).

Fixed-line operators suffered further user-base declines. China Telecom (NYSE: CHA; 0728.HK) lost 1 mln fixed-line subs, bringing its total to 218 mln, and China Netcom (NYSE: CN; 0906.HK) lost 450,000 fixed-line subs, dropping its total to 109.6 mln.

Broadband continued to help buoy the fixed-line operators. China Telecom added 710,000 new broadband users, its highest monthly gain since March 2007, to reach 37 mln and Netcom added 510,000, approximately 17% more than the monthly average over the past year, to reach 21 mln.

Keywords: wireless fixed-line subscribers mobile subscribers broadband subscribers statistics 0728.HK 0762.HK 0906.HK 0941.HK 2008 600050.SH CDMA CHA China Mobile China Netcom China Telecom China Unicom CHL CHU CN GSM telecom users

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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