China Telecom Adds 17.7 Million Mobile Subscribers in 1st Half

China Telecom added 17.71 million mobile subscriptions in the first half of 2012, 0f which 14.6 million were 3G accounts, giving it a total of 144 million subscribers.


China Telecom remains on a steady pace of adding over one million broadband lines per month.


Local access lines continue to drop due to mobile substitution, broadband substitution, as well as competition.


In June, ZTE announced a contract for 40% of China Telecom’s 2012 broadband equipment procurement project -- the largest share of any vendor participating on the project. The contract covers procurement of PON OLTs, FTTB MDUs, and broadband terminals. It includes for over 21 million units valued at approximately RMB4 billion (approximately US$629 million).

ZTE said this is the largest broadband procurement project in the world in 2012.