FUELLING DEMAND: By slashing prices in the world's biggest smartphone market, the carriers are set to increase the appeal of 4G beyond premium users, and encourage more subscribers to use those faster speeds to consume more data.
BEIJING: China's three state-owned wireless carriers said they will cut mobile data prices and boost data speeds this year, potentially spurring a mass migration of customers to more lucrative 4G contracts.
The carriers have been under pressure to respond to Premier Li Keqiang's push to lower barriers to and expand Internet access throughout the country, with Beijing keen to make industries more efficient as the economy becomes more services-oriented.
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