MIIT: In the first 4 months, the cumulative telecommunications business revenue reached 594.1 billion yuan, a year-on-year decrease of 1.7%
The Ministry of Industry and Information Technology reported that China's telecommunications business revenue reached 594.1 billion yuan in the first four months of the year, a 1.7% decrease year-on-year. However, the total volume of telecommunications business saw a year-on-year increase of 8%. Separately, Brazil's central bank raised its inflation forecast for 2026 due to rising fuel prices, marking the eleventh consecutive week of upward revisions. AI