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How Did Chinese Wireless Carriers Fare In January?

January proved to be a relatively strong month for the major Chinese wireless carriers, as they added a total of 5.3 million net subscribers, roughly 60% ahead of December 2016. However, high speed additions saw a 20% month-over-month decline, likely due to some saturation in the smartphone market, with major players adding or migrating a total of 28 million subscribers. China Mobile ( CHL ) the largest carrier, continued to lead the market with 2.3 million net subscriber adds. China Telecom ( CHA ) saw the strongest growth, both on a month-over-month basis and also in relation to the size of its subscriber base, adding 1.77 million subscribers, potentially driven by promotions as well as an improving high speed network.

See our complete analysis for China Mobile| China Unicom|China Telecom

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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