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China Telecom Sells Over 16 Mln Smartphones in 2011
Netease Tech, 1/11/12
Yang Xiaowei, deputy general manager of China Telecom (NYSE: CHA; 0728.HK), revealed yesterday at the award ceremony for the Open Mobile Internet Alliance's 2011 Mobile Internet Application Innovation Competition in Beijing that China Telecom sold more than 16 mln smartphone handsets in 2011. CDMA2000 EV-DO smartphones accounted for 27% of China's 3G smartphone market in 2011.
Yang said that at the end of 2011, China Telecom had reached 125 mln mobile subscribers, 34 mln of which use CDMA2000 EV-DO handsets, for growth of 180% over early 2011 figures. In addition, China Telecom's mobile data revenue increased by 120%, surpassing revenue figures for SMS and MMS services.
China Telecom now plans, Yang added, to establish "innovation incubation bases" in several provinces throughout China which will be used to fund mobile internet start-ups and provide developer resources.
Keywords: Open Mobile Internet Alliance sales volume R&D market size national statistics growth rate Yang Xiaowei China Telecom smartphone mobile data revenue wireless mobile subscribers 3G 0728.HK CHA CDMA2000 EV-DO handset
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