China Mobile Adds 3.4M Subscribers in May

From Forbes: China Mobile Adds 3.4M Subscribers in May

"China Mobile Ltd., the Hong Kong-listed arm of China's largest mobile operator, said Monday it added nearly 3.4 million new subscribers in May, the highest monthly net addition so far this year."

"At the end of May, the company had 220.505 million subscribers, of which 159.998 million were using the prepaid service and 60.507 million were on post-paid contracts. China is the world's largest telecom market, with about 354 million mobile users at the end of April, and a mobile penetration rate of 25.9 percent."