BMI View: The Chinese telecommunications industry is the biggest in the world in terms of existing size and growth potential, with the 1.18bn mobile subscriptions representing only a penetration rate of 84.9% at the end of June 2013. There are substantial growth opportunities in rural regions where markets are still untapped, while in higher income urban areas 3G subscription growth is robust. While there are significant opportunities, fulfilling the potential requires significant investment from the private and public sector, a capability that could weaken if the broader economy deteriorates. Key Data: ? The latest data from MIIT show the mobile …
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