telecom - China Mobile subscribes record numbers ahead of 3G-licenses

China Mobile, China's and the world's largest mobile phone service, reports it has added 4.44 million subscribers last Month, creating a customer base of 273.8 million, Bloomberg reports. It was the fastest growth ever, since the company started three months ago a growth spurt.
Reduced fees in Beijing are part of the explanation for the new spike in growth, while competition has slowed down. Nokia and Motorola are the main beneficiaries among the mobile phone makers, says Bloomberg.
The upsurge comes ahead of the long awaited issuance of 3G-licenses that will trigger off and new age in China's mobile communication. The country's largest mobile phone provider is creating itself a headstart when it might get one of those much-sought licenses.