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China's big-3 mobile carriers added 11.2M new subscribers in October, and put 9.9M more subs on...

China's big-3 mobile carriers added 11.2M new subscribers in October, and put 9.9M more subs on their 3G networks. China Mobile (CHL -1.4%) respectively added 5M and 3.7M new and 3G subs, China Unicom (CHU -2.1%) 3.4M and 3.2M, and China Telecom (CHA -2.4%) 2.9M and 3M. In spite of the increases, only 19% of China's 1.09B subs were on a 3G network at month's end, leaving plenty of growth for Qualcomm (previous), Marvell, Spreadtrum, Apple, and others. (chart)
Comments (1)
  • Been long CHL
    20 Nov 2012, 08:39 PM Reply Like
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