Telecom market to remain strong
19/2/2003 14:55
China's telecommunications sector will remain as strong this year as it
was last year, and it will continue to develop at a stable pace, according to a
report released today by CCID Consulting Co. Ltd.
The report forecast
that fixed asset investment in the telecom market this year will be 210 billion
yuan (US$25 billion), on a par with that of 2002.
The telecom equipment
market will reach 120 billion yuan, and users of mobile telecom service will top
270 million.
Data business will see substantial growth this year, the
report added.
Development of the personal handy-phone system (PHS) will
be a vital factor in determining the strategies adopted by China's fixed phone
service providers this year.
Jane Chen/ Shanghai Daily news
|
