Today I was on a panel at a JETRO conference with Hong Liang Lu. He has some amazing numbers about telephones China. Chinese are buying 90M new mobile phones a year. (Compared to 80M total mobile phones in Japan.) Japanese are about to make pre-paid mobile phone illegal because they are being used in crime. 80% of Chinese cell phones are pre-paid because of collection issues. PHS (Personal Handy Phone) which was developed in Japan (and I thought was a dead standard) is heavily deployed in China with 70M subscribers vs. only 5M subscribers in Japan. Minutes are as cheap as 1 cent per minute in China. China has 300M land-line phones and 300M mobile phones now.
I knew telecom was going crazy in China, and many of you may know these numbers, but they are stunning none the less.