China Mobile, Unicom Reveal 3G Subscriber Targets

Shanghai Securities News, 7/21/09

China Mobile (NYSE: CHL; 0941.HK) had stated at the beginning of the year that it planned to develop a TD-SCDMA subscriber base of 10 mln in 2009, but as of June, it had less than 1 mln 3G customers. A source from China Mobile revealed that it had already dropped its internal target from the initial 10 mln to 3 mln subscribers.

Data shows that in Q2, China Unicom (NYSE: CHU; 0762.HK; 600050.SH) sold a total of 47,000 WCDMA terminals. Unicom has set an internal target of reaching 200,000 WCDMA subscribers by the end of October.

Editor's Note: In March, China Telecom's (NYSE: CHA; 0728.HK) chairman and CEO Wang Xiaochu stated that the company hopes to increase its mobile subscriber base by 30 mln this year, 10 mln of whom will be 3G subscribers.

Keywords: CDMA2000 EV-DO statistics 0762.HK 0941.HK 3G 600050.SH China Mobile China Telecom China Unicom CHL CHU target TD-SCDMA Wang Xiaochu WCDMA wireless 0728.HK CHA mobile subscribers

Feedback

Sending

Disclaimer

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.

Marbridge Daily