China Telecom says it has no intention to cut 3G tariffs this year

On the afternoon of May 25, China Telecom said in Tuesday that the absolute value of fixed-line revenues in 2010 was expected to be flat last year and said there was no need to adjust the 3G tariffs. "We were down 5% in the first quarter, mainly because of the high end conversion of mobile replacement and PHS, and the increased competition of fixed network, which is risky in the whole, so we voluntarily released some."　　Wang, chairman of China Telecom, said to the media after the annual general meeting.　　Last year, China Telecom fixed-line revenue fell 3.2% to 172.6 billion yuan, of which accounted for 45% of the fixed voice business fell 18.5%, in 2009, the number of fixed telephone users was 189 million households, year-on-year decline of 9.5%. In addition, Wang also pointed out that China Telecom currently does not need to adjust the 3G service tariffs, and is expected to achieve this year's new 8,000,003 G users target, "The operators tariff adjustment in our expectation, now 3G penetration is very low, need to start the market up ..." Internet traffic is relatively large users can give some concessions, universal tariffs will not make adjustments. He added that the total number of mobile subscribers to China Telecom had exceeded 70 million since the beginning of the year.　　According to China Telecom earlier announced, its April mobile users increased by 4.6% to 68.48 million, fixed-line users reduced by 1.2 million to 183 million.　　China Unicom has said in May that it has increased subsidies to Apple's iphone users to expand its 3G users, and expects mobile-phone subsidies for the 3G business to be 305 billion trillion yuan this year.　　Wang also bluntly, mobile payment is the development of China's telecommunications industry, so this year has planned in 18 more developed provinces to promote mobile payment, and the major banks to cooperate, but he did not disclose the form of cooperation. China Mobile invested 39.8 billion yuan in the total cash price in March this year, a stake in Shanghai Pudong Development Bank 20% to develop mobile payment services. (Wood)