per WirelessWeek.com, In-Stat/MDR also
reports the following characteristics with regards to China’s handset market:
- A total number of 218 million wireless subscribers at the end of 2002,
with a compound annual growth (CAGR) rate of nearly 11% over the next five
years
- Handset-generated revenue of nearly $9 billion last year, and heading to
$16 billion by 2008
- A penetration rate of 17%, and growing
- A declining rate of net new subscribers