The Three Major Operators Announced The Latest Financial Reports: 5G Users Nearly 500 Million
According to news on August 20, China Mobile, China Telecom
and China Unicom have announced their financial report data for the first half
of the year. The three operators have a combined revenue of 827.048 billion
yuan, a total net profit of 86.028 billion yuan, and an average daily net
profit of 478 million yuan. However, this value is still slightly worse than
Tencent. Tencent's net profit in the first half of the year was 90.354 billion
yuan.
It is understood that China Mobile's revenue in the first half of the year was 443.637 billion yuan, a year-on-year increase of 13.8%; net profit was 59.118 billion yuan, a year-on-year increase of 6%. China Unicom's revenue was 164.174 billion yuan, a year-on-year increase of 9.2%; net profit was 9.17 billion yuan, a year-on-year increase of 21.1%. China Telecom's revenue was 219.237 billion yuan, a year-on-year increase of 13.1%, and its net profit was 17.743 billion yuan, a year-on-year increase of 27.2%.
In terms of 5G package users, China Mobile has 251 million users, with a penetration rate of 36.18%; China Unicom has 113 million users, with a penetration rate of 36.5%; China Telecom has 131 million users, with a penetration rate of 36.2%.
In terms of 5G base station construction, China Mobile built
about 111,000 5G base stations in the first half of the year, and the
cumulative number of 5G base stations has now reached 501,000. China Telecom
and China Unicom have built 80,000 new shared 5G base stations, and the goal
for the whole year is to add 320,000 more. As of the end of June, the total
number of domestic 5G base stations reached 961,000, covering major cities in
major provinces and cities, and gradually infiltrating counties and towns.
Among the three major operators, China Mobile still ranks
first in all aspects and is far ahead of the other two. Its revenue is twice
that of China Telecom and 2.7 times that of China Unicom. Net profit was 3.3
times and 6.5 times that of the other two companies. The number of 5G package
users is even more than the sum of the two companies. I have to say that China
Mobile is a bit strong.
From the data, we can find that the penetration rate of 5G
package users of the three major operators has reached more than 36%, which is
equivalent to one 5G package user in every three people. This growth and
penetration rate is still quite fast. However, the current 5G package tariffs
are too high, which is still the biggest obstacle to the promotion of 5G. It is
hoped that the price of 5G packages and the cost of traffic can be further
reduced in the future.
Since the Ministry of Industry and Information Technology
issued 5G licenses in 2019, it took only two years for domestic 5G commercial
use to achieve such results. It can be seen that consumers' acceptance of 5G is
still quite high, and the country's investment in 5G construction is also very
large. According to the plan formulated by relevant departments, the coverage
of 5G base stations will continue to be expanded in the future, 5G package
tariffs will be reduced, and 5G application scenarios will be popularized.
It is foreseeable that the domestic 5G construction speed
will be faster in the next two years, and the experience will be
comprehensively improved. Small partners who have not yet used 5G can really
consider replacing them.