China's telecom sector reports steady performance in Jan.-Sept.

Source: Xinhua| 2019-10-25 20:14:00|Editor: mingmei
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BEIJING, Oct. 25 (Xinhua) -- China's telecommunications industry reported steady performance in the first three quarters of the year, official data showed.

The combined revenue of the telecom industry reached 991.4 billion yuan (about 140.2 billion U.S. dollars) during the period, unchanged from a year earlier, according to the Ministry of Industry and Information Technology (MIIT).

In breakdown, revenue from mobile communications of the three major telecom companies - China Telecom, China Mobile and China Unicom - amounted to 676.8 billion yuan during the nine months, contributing 68.3 percent of the sector's total revenue.

Their revenue from fixed-line business reached 314.6 billion yuan during the period, up 9.4 percent from a year earlier, the MIIT said.

The number of cellphone users climbed 3.3 percent year on year to about 1.6 billion by the end of September, with 4G subscribers hitting 1.26 billion and making up 79.1 percent of mobile phone users.

The data also showed that the number of fixed broadband Internet users in China grew steadily during the period, with 80.5 percent of subscribers' Internet speed reaching over 100Mbps.

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