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CN MIIT: 10M24 Telecom Biz Rev. Grows 2.6% YoY to ~RMB1.5T
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According to the latest data released by China's Ministry of Industry and Information Technology (MIIT), in 10M24, the overall operation of the telecom industry remained stable, and revenue from the telecom business achieved positive growth as emerging businesses continued to drive momentum. During the period, telecom business revenue totaled RMB1.45 trillion, marking a YoY increase of 2.6%. Revenue from emerging businesses grew rapidly, accounting for nearly a quarter of telecom business revenue, becoming an enormous force in boosting industry growth. AAStocks Financial News |
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