China’s Mobile Phone Accounts Reach 592 Million

From AP:

China’s fast-growing number of mobile phone accounts has risen more than 8 percent since the start of the year to 592 million, while demand for traditional fixed-line service is falling, a state news agency reported Thursday.

The figures reflect a growing trend for Chinese customers to opt solely for mobile service. The shift has hurt fixed-line carriers, prompting Beijing to launch a massive industry reorganization to revive competition.

The number of mobile accounts in China grew by 44.8 million through the end of May, the Xinhua News Agency said, citing the Ministry of Information Industry. It said the number of fixed-line accounts fell by 6.5 million to 358 million.

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