NEW YORK ( Trefis) -- China, the world's largest mobile phone market, saw a total of about 12 million new subscriber additions in June. This took the total mobile subscriptions in China to 1.05 billion, well past the 1 billion mark it had crossed in March. To put this number in perspective, the U.S. currently has just over 330 million active connections in all.While the Chinese figure may not be reflective of the actual number of mobile users in the country as some of these connections are currently inactive, it is still a compelling statistic that shows the huge growth opportunity that China presents for many smartphone manufacturers. At the same time, it is also a huge opportunity for the incumbent Chinese telecom providers such as
China Telecom: $65 Fair Value on Rising 3G Demand
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