Saturday, September 5, 2009

Report on China telecom industry forecast to 2012

DUBLIN, IRELAND: Research and Markets has announced the addition of the "China Telecom Industry Forecast to 2012" report to its offering.

China's telecom sector has been continuously witnessing considerable developments over the recent years. The country now owns the world's largest telecommunication networks in terms of both network capacity and number of subscribers.

The telecom industry has experienced double-digit growth over the past decade. And the recent move by the government, aimed at restructuring the domestic telecom industry following the issuance of 3G licenses in early 2009, has brought about a wave of rapid development and deployment of telecom infrastructure throughout the country.

According to our report on the sector called "China Telecom Industry Forecast to 2012", operators continue to invest billions of dollars into the development of world-class telecom infrastructure in the country, despite gloomy economic environment. The issuance of 3G licenses in January 2009 has initiated a wave of investments that has long been waited for.

We have found that the country continue to see fast addition of subscribers in its mobile, Internet and broadband sector. Meanwhile, declining trend has been seen in its fixed line telephony market and we expect same trend to continue in near future as well.

However, subscribers in mobile, Internet and broadband sector are forecasted to grow at CAGR of more than 8 percent, around 17 percent and 26 percent, respectively during 2009-2012. Their respective penetration rates will approach nearly 67 percent, 42 percent and 16 percent, by the end of 2012. Various factors which will drive this future growth have been thoroughly discussed in the report.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.