China Telecom Accelerates

China Telecom reported a 7% year-on-year increase in operating revenue for the first six months of 2016 to 177 billion Chinese yuan (26.5 billion US dollars). That compares with growth of just 2% across 2015. China Telecom attributed the rise to rapid growth in 4G and fiber subscriptions. The telco also reported a 303% increase in Internet of Things connections, but didn't give any absolute numbers. source: China Telecom presentation

4G Revitalises China Mobile

China Mobile reported a 6.9% increase in service revenue to 325 billion Chinese yuan (49 billion US dollars) for the six months to June 30th. In 2015, service revenue fell 1.2%. The operator attributed the increase to rapid adoption of 4G. It expects to have more than 500 million 4G customers and 1.4 million 4G base stations by the end of 2016, up from 429 million and 1.32 million at the end of June. source: China Mobile presentation

Tech in the Ascendent

Source: Statista