According to MIIT statistics, growth of telecom revenue in China continued to slow down in July; the cumulative telecom revenue from January to July amounted to CNY 77.87 billion, down 0.2% year-on-year.
From January to July, fixed telecom revenue of the three major telecom operators combined was CNY 24.58 billion, accounting for 31.6% of any telecom revenues and up 9.5% year-on-year; the mobile telecom revenue was CNY 53.29 billion, accounting for 68.4% of any telecom revenues and down 4.1% year-on-year.