ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Telecommunication

China's top 3 telecoms suffer sales dip, forced to cut fees

Beijing orders end to roaming charges and pushes 5G infrastructure investment

A woman takes pictures with her mobile phone at a studio for productions of films and television shows on the outskirts of Shijiazhuang, China. The nation's three big wireless carriers suffered a hit to their earnings after the government told them to eliminate domestic roaming fees.   © Reuters

BEIJING -- The listed units of China's three leading state-owned wireless carriers each reported a sales decline for the first nine months of the year, following a government mandate to cut service fees for customers.

China Mobile's sales totaled 566.7 billion yuan ($80.2 billion) between January and September, down 0.2% from a year earlier. Earnings were impacted by the state order that took effect last year for all three telecommunications providers to eliminate domestic roaming fees, the company said.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more