>> ASIAONE / NEWS / LATEST NEWS / BUSINESS / STORY
China telecom industry faces huge bill after snow
Sun, Feb 10, 2008
AFP

BEIJING - CHINA'S telecom industry faces a huge bill after the worst winter in decades, with millions of users cut off and thousands of kilometres of phone lines damaged, state media said on Sunday.

Preliminary statistics from the Ministry of Information Industry showed the massive snow falls and freezing temperatures have led to losses of 1.1 billion yuan (S$213 million), the Xinhua news agency reported.

Although the weather has turned for the better, 10 million mobile and fixed-line subscribers were still unable to use their phones as of late on Friday, according to the agency.

A total of 10,000 mobile phone base stations remain out of service, and for fixed-line services, 150,000 poles have collapsed while 16,000 kilometres of lines have been damaged, Xinhua said.

It reported that 80,000 telecom industry workers had fanned out across the country to seek to restore services as Lunar New Year, the most important holiday of the year, added to the demand for telecom services.

China had 547 million mobile phone subscribers and 365 million users of fixed-line services at the end of last year, according to government data. -- AFP

 

 
STORY INDEX
 
  China telecom industry faces huge bill after snow
   
 
  Swiss banking giants risk client flight over subprime
   
 
  Airbus A380 has hitch with escape slides
   
 
  French judges release second trader in SocGen affair
   
 
  Yahoo set to reject Microsoft bid as too low
   
 
  Paris broker in court in SocGen trading case
   
 
  G7 calls for investment to fight climate change
   
 
  G7 leaders more pessimistic on global economy
   
 
  US won't use public funds to bail out banks: Paulson
   
 
  Fed official sees recent moves steadying markets
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg
Search: