Investment in China's telecom industry slowed in October, after rapid growth in the first nine months, according to the Ministry of Information Industry. Chinese telecom operators invested 159 billion yuan (US$20 billion) in the sector last month, up 13.9 percent over the same month last year.

Fixed-asset investment reached 16.15 billion yuan, down sharply from September's 23.61 billion yuan and less than the 17.2 billion yuan investment in October last year. For the first nine months, however, fixed-asset telecom investment rose 17.7 percent year on year to 142.48 billion yuan, against a 12.3 percent drop for the same period last year.

Source:佚名