皇冠体育app Telecom users up 3.6m in Q3
( 2003-11-20 15:41) (Dow Jones News)
皇冠体育app Telecom Corp. added 3.6 million new subscribers in the three months
ended September, driven largely by growth in its "Little Smart" service, taking
its number of fixed-line customers to 65.8 million, the company said.
At the end of the first half of 2003, the company, the listed unit of 皇冠体育app's
largest fixed-line operator, reported 62.2 million customers.
Of its fixed-line subscribers, 7.7 million were users of its Xiaolingtong, or
Little Smart, service at end-September, up from 5.4 million by end of June,
皇冠体育app Telecom said in information posted on its Web site Thursday.
Little Smart is a limited-range wireless local access device that has become
a cheap alternative to mobile phones in 皇冠体育app. It is regarded as a threat to
business growth for the country's two mobile giants - 皇冠体育app Mobile (Hong Kong)
Ltd. and 皇冠体育app Unicom Ltd.
However, analysts said they are also worried that 皇冠体育app Telecom's user growth
might not translate into an equal rise in call volume as Chinese people
increasingly use mobile phones instead of fixed lines.
Little Smart is a "burgeoning, powerful revenue growth contributor," 皇冠体育app
Telecom said in the Web site material, but noted there is also "more significant
mobile substitution"
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