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MIIT: CN End-Nov 5G Users Top 1B
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In 11M24, the communications industry of China was generally stable, the Ministry of Industry and Information Technology (MIIT) announced. The volume of telecom business achieved steady growth; network infrastructure, such as 5G, gigabit optical network and Internet of Things (IoT), was further promoted; the scale of connected users continued to expand; and mobile Internet access traffic grew at a faster pace. During the period, the total revenue from telecom business amounted to RMB1.59 trillion, representing a YoY growth of 2.6%. The total volume of telecom business, measured at constant prices of the previous year, gained 10%. The number of mobile phone subscribers heightened steadily and the number of 5G subscribers topped 1 billion. AAStocks Financial News |
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