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5G construction tasks are completed ahead of schedule, the three major operators earn 380 million yuan in the first three quarters

Original title: 5G construction tasks are completed ahead of schedule, the three major operators earn 380 million yuan a day in the first three quarters

China Business Daily/China Business Network (Reporter Jiao Likun)In the first three quarters of this year, the transcripts of China Telecom, China Mobile, and China Unicom have all been handed over. The three major operators have a combined net profit of 105.09 billion yuan, which is about 380 million yuan a day. What attracts people’s attention is that the 5G network construction tasks of the three major operators have been completed ahead of schedule. According to data from the Ministry of Industry and Information Technology, as of the end of September this year, the three major operators had built a total of 690,000 5G base stations and accumulated more than 160 million terminal connections.

Average daily profit of 380 million yuan

Data show that in the first three quarters of this year, China Mobile achieved revenue of 574.4 billion yuan, up 1.4% year-on-year; realized net profit of 81.6 billion yuan, a slight decrease of 0.3% year-on-year. In the same time period, China Telecom achieved revenue of 292.614 billion yuan, an increase of 3.5% over the same period last year; realized a net profit of 18.706 billion yuan, an increase of 1.7% over the same period last year. China Unicom achieved revenue of 207.349 billion yuan, an increase of 4.4% over the same period last year; realized a net profit of 4.784 billion yuan, an increase of 10.8% over the same period last year.

On the whole, the net profit of the three major operators in the first three quarters of this year totaled 105.09 billion yuan, with an average daily profit of about 380 million yuan, slightly lower than the same period last year.

From the perspective of profitability, China Mobile’s net profit is still far ahead in absolute value, but the year-on-year increase in net profit is the bottom of the three major operators. Although China Unicom’s net profit is the lowest in absolute value, its year-on-year growth rate is the largest.

In fact, this situation has been going on for some time. Senior telecom industry analyst Ma Jihua told the China Business Daily that the growth of operators’ profits is mainly due to cost control. China Mobile’s investment in marketing costs is relatively large, 5G infrastructure investment has increased, revenue has not increased significantly, and profit declines are normal. China Telecom and China Unicom have relatively low profit bases, and it is relatively easy to maintain growth.

In fact, in the first three quarters of this year, China Mobile’s revenue showed an “inverted V shape”. After a trough at the beginning of the year, its revenue ushered in growth in the second quarter of this year, but fell in the third quarter, which was basically the same as the first quarter. .

It is worth mentioning that the three major operators launched a brand war in the first three quarters of this year and carried out a comprehensive renewal and upgrade of the corporate brand image. Among them, China Telecom launched the young customer brand “Youth One Group”, China Mobile has made efforts in the dynamic zone brand for young people, and China Unicom has upgraded the corporate brand image in all aspects.

5G users are growing rapidly

As 5G network construction is in full swing, my country’s 5G users are also increasing steadily. According to data from the Ministry of Industry and Information Technology, in the first three quarters of this year, my country’s total telecommunications business increased by 18.6% year-on-year, and fixed asset investment increased by 16.5% year-on-year, of which 5G investment accounted for 38.2%. At the same time, 5G networks and terminal commercialization are developing rapidly. As of the end of September, a total of 690,000 5G base stations have been built, and the cumulative number of terminal connections has exceeded 160 million.

China Mobile said in its financial report that its total number of 5G package users reached 114 million, which is the first of the three major operators to have over 100 million 5G package users. The number of China Telecom 5G package users reached 64.8 million, a net increase of 60.19 million in the first three quarters of this year. China Unicom still has not announced the number of 5G package users, but stated in the financial report that “the company effectively implements 5G network co-construction and sharing, gradually strengthens the development of 5G public users in a rhythmic and targeted manner, and leads user consumption upgrades through 5G innovative applications.”

Of course, the number of 5G package users of the operator is not equal to the number of 5G users, because some of them have only upgraded 5G packages without replacing 5G mobile phones. Therefore, the data of the Ministry of Industry and Information Technology is different from that of operators. But the positive impact of 5G on operators’ mobile services is emerging. From the perspective of financial reports, the ARPU (average revenue per user per month) of the mobile services of the three major operators has stabilized and rebounded after three years of decline.

With the popularity of 5G mobile phones, operators’ 5G services will develop rapidly. According to data released by the China Academy of Information and Communications Technology, in the first three quarters of this year, the cumulative shipments of 5G mobile phones in the domestic market were 108 million, and the total number of new models on the market was 167, accounting for 47.7% and 46.5% respectively. Among them, the shipment of 5G mobile phones in a single month in September was 13.99 million, accounting for 60% of the shipments of mobile phones in the same period; 26 new models were launched, accounting for 44.8% of the number of new models of mobile phones listed in the same period.

Complete the annual 5G construction progress ahead of schedule

In the first three quarters of this year, the three major operators have completed the annual 5G network construction task ahead of schedule. The outbreak of the new crown pneumonia epidemic at the beginning of this year once affected the pace of 5G network construction of the three major operators. However, in the context of my country’s new infrastructure policy incentives and the epidemic further increasing the economic and social demand for digital, networked, and intelligent transformation, In the past few months, the three major operators have been rushing to accelerate the construction of 5G networks.

At the press conference on the development of the industrial communications industry in the first three quarters held on October 22, Wen Ku, spokesperson for the Ministry of Industry and Information Technology and Director of the Information and Communications Development Department, said that my country’s 5G development has achieved positive results. As of the end of September this year, a total of The number of base stations in China has reached 690,000, and the city-level 5G network coverage has basically been achieved.

It is understood that China Mobile has currently opened more than 350,000 5G base stations, and has achieved commercial use of 5G networks in all prefecture-level cities and some key counties across the country, and completed the annual 5G construction target ahead of schedule. According to Duan Xiaodong, vice president of China Mobile Research Institute, China Mobile has introduced SA (Independent Networking), and a large number of base stations are gradually being cut to SA mode in an orderly manner. By the end of this year, China Mobile is expected to build the world’s largest independent networking 5G network. China Telecom and China Unicom have also accelerated the pace of 5G network construction through joint construction and sharing.

For those who believe that my country’s 5G investment is too advanced, Wenku believes that moderately advanced construction is a common feature of public infrastructure. “Regardless of the construction of any network, it has been this characteristic from the time when 4G or even 3G was built. Maintaining a moderately advanced construction is in line with the characteristics of the development of this industry.”

Wenku said that my country’s 5G will continue to rise in the next three years, and it is still necessary to maintain strategic determination, respect the laws of technological evolution, network construction, and market development, solidly promote 5G network construction, and comprehensively accelerate the pace of innovation in 5G applications, and strive to form The 5G benign development model of “building to promote usage and use to promote construction”.Return to Sohu to see more

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