The Chinese telecommunications market will overtake the Japanese in five years, when it will originate US $ 187 billion (about 131 billion euros), becoming the biggest reference in the sector in the Asian region.
The forecasts are from Pyramid Research, which points to the growth in the mobile penetration rate in rural areas and the launch of third generation mobile services as the main reasons for future leadership.
In its most recent annual report, the consultant says that Chinese telecommunications originated US $ 110 billion in 2008, becoming the second largest market for services of this type in the Asia-Pacific region, after Japan.
«Given the continued demand for connectivity and the increased adoption of mobile and fixed broadband services», Pyramid predicts that the Chinese market will grow at an annual rate of 8.8 percent between 2009 and 2014.
«China, like many other emerging markets, is increasingly» mobile «, having registered 71.2 million subscribers in 2008, close to 12 percent of all subscriptions made worldwide, second only to India, which registered 113.3 million «, says the consultant.