China Telecom has been growing wireline subscription so aggressively that the company only just now is reporting its first loss of wireline users to the nation's mobile carriers. The carrier saw 380,000 customers cut the cord for mobile service between July and August, which is extremely horrifying, unless you have 224 million total customers and also still reported net subscriber addition of about 12.95 million.
Such is the case with China Telecom, but at least the carrier does have the licensing of mobile broadband spectrum to look forward to at some point.
For more:
- The International Herald Tribune reports