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Tech, Media & Telecom

Mobile phone users hit 300 million mark

Mobile phone subscribers topped 300 million at the end of May, the China Daily reported, quoting Ministry of Information Industry (MII) sources. MII reported that mobile providers generated US$25.3 billion in revenue in the first five months of the year, a 13.4% increase on the same period a year ago. New subscribers in May numbered 4.8 million. MII projects new mobile subscribers to reach 60 million for 2004. MII also said fixed-line subscribers by the end of May numbered 290 million.

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