China's two mobile operators have released interim results for the first half of 2007. China Mobile, which accounted for over three-quarters or 301.2 million of China's  total 461 million mobile subscribers at year end 2006, noted a stunning 21.6 per cent increase in turnover over the first half of 2006. It is reporting net monthly additions in excess of five million new subscribers a month, with half of all these new subscribers coming from rural areas. By June 2007, total subscribers amounted to 332 million. Value-added services now account for 25.5%or over a quarter of all mobile revenues  in mid-2007, up from 23.5% for all of 2006. For more information, please see here.

China Unicom, based in Hong Kong, reported a more modest five per cent increase in revenues. As at 30 June 2007, China Unicom had a total of 151.632 million cellular subscribers, a net increase of 9.266 million cellular subscribers in the first half of the year. Value-added services now account for 21% of all mobile revenues, up from 19.5% for 2006. For more information, please see here.

Overall, the picture of booming growth in China's massive market for telecom services continues. India pipped China to the post for overall net gains in mobile subscribers last year, but if current growth rates continue, growth in China might outstrip India in absolute terms soon.