100 billion+

The combined revenue from China telecommunication operators passed the USD 100 billion bar in 2008, representing a year-on-year growth of 7%. Revenue from mobile services increased 15.1% (to USD 65 billion) while fixed local and long-distance dropped by 8.5% and 15.8% respectively.

Now that China Telecom acquired a mobile licence, one can expect the switch-or-leapfrog to mobile to happen even faster!