China to become world’s largest 4G market in 2015: ABI Research

Stockholm, June 4  (Greenpost) — China will outpace the United States to become the world’s largest 4G market this year, the People’s Posts and Telecommunications News reported on Tuesday, quoting a report by market researcher ABI Research.

ABI Research said China’s three basic telecom operators, all having got 4G LTE licenses, would see their 4G customer number reach 500 million by the end of 2015, accounting for 36.5 percent of the country’s total mobile customers.

China’s basic telecom operators started 4G business in 2013. Last year, they developed around 100 million 4G customers. China Mobile (CHL.NYSE; 00941.HK), as China’s first 4G business operator and the world’s largest telecom operator by customer number, used its first-mover advantage to win roughly a 90 percent share on China’s 4G market in the year. Enditem

Source   Xinhua

editor  Xuefei Chen Axelsson