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Old 24th July 2007, 06:39 PM
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China's Mobile Users Rise Above 500 Million, Set to Beat Target

China's number of mobile-phone users rose to more than 500 million in June as the nation's biggest carrier cut some charges to attract record customers, driving growth at a faster pace than the country's government forecast.

Chinese mobile-phone operators added 40.6 million users in the first six months for a total of 501.7 million, Wang Lijian a spokesman at the Beijing-based regulator said today. At the current pace, China will reach the government's target of 520 million users ahead of its end-of-year goal.

China is the world's biggest wireless market, and less than half of its 1.3 billion people own a mobile phone. Shares of China Mobile Ltd., the world's biggest carrier by users, have more than doubled in the past year, making it the largest Hong Kong-listed company by value. ....

http://www.bloomberg.com/apps/news?p...5no&refer=asia
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