China's virtual carriers have only developed 11.23 million users of mobile telecom resale business, in which 20-30 percent are active users, the National Business Daily quoted an expert as saying on Monday.
Zou Xueyong, secretary-general of China's virtual carrier industry alliance, said the 42 virtual carriers are still running in the red, despite their attempt on exploring new business models and continuous investment. He said there are seven or eight virtual carriers have invested more than 100 million yuan in the mobile telecom resale business.
Zou forecasts that a Chinese virtual carrier will reach balance of payments only after it increases the average revenue per user (ARPU) to 35 yuan and obtains more than one million users.
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