China Plans FTTx Investment of RMB 150 Bln Over 3 Years
Shanghai Securities News, 4/09/10
Eight Chinese ministries led by the Ministry of Industry and Information Technology (MIIT) jointly issued a document on April 8, titled "Recommendations on Promoting Fiber Optic Broadband Network Construction." The document stipulates that over the next three years, China will see a total of RMB 150 bln invested into fiber optic broadband network construction, and the country will see growth of over 50 mln new broadband subscribers. By 2011, China will be home to over 80 mln fiber broadband access ports, while urban users will have access to average connection speeds of over 8 Mbps, rural users will see average connection speeds of over 2 Mbps, and subscribers in commercial buildings will have access to speeds of over 100 Mbps.
Keywords: capex target bandwidth telecom network construction FTTx MIIT broadband subscribers fiber optics
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