According to China Mobile, its subscriber count is now closing in on the 464 million mark and China boasts about 650 million mobile subscribers nationwide.
In addition, China Mobile customers purchased 76 million full-track music downloads in 2008, while another 41.5 million paid for mobile newspaper content, up a third over 2007 totals - the carrier now offers 110 different news periodicals.
Adoption of China Mobile's Fetion IM service doubled from year to year, with 147 million users in 2008.
At a recent business summit held during the China Development Forum 2009, Wang Jianzhou, chairman and CEO of China Mobile revealed that the company recorded revenue of RMB 16.3 billion (US$2.38 billion) in 2008 from its mobile music business (including mobile ringback tones and mobile downloadable music), exceeding the revenue of all record publishers as well as film box offices in China combined. Over 300 mln mobile subscribers currently utilize the company's mobile music functionality.
Source : Fierce Mobile Content
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