China Telecom's net profit in the first half of the year increased by 10% to 20.2 billion yuan, and the 5G package user penetration rate reached 73.4%

According to the semi-annual report released by China Telecom, as of August 8, the company’s operating income in the first half of the year reached 258.7 billion yuan, a year-on-year increase of 7.7%; the net profit attributable to the parent company was 20.153 billion yuan, a year-on-year increase of 10.2%. In addition, the interim cash dividend per share was 0.1432 yuan

The company’s mobile communication service revenue continued to maintain good growth in the first half of the year, reaching 101.6 billion yuan, a year-on-year increase of 2.7%. Among them, mobile value-added and application revenue reached 15.4 billion yuan, a year-on-year increase of 19.4%. The penetration rate of 5G package users reached 73.4%, and mobile user ARPU3 reached 46.2 yuan, a year-on-year increase of 0.4%

China Telecom’s fixed-line and smart home service revenue in the first half of the year reached 62 billion yuan, a year-on-year increase of 3.6% . Among them, smart home business revenue reached 9.3 billion yuan, a year-on-year increase of 15.7%. The Gigabit broadband penetration rate reached 20.3%, and the comprehensive broadband ARPU4 reached 48.2 yuan, a year-on-year increase of 2.1%

In the first half of this year, China Telecom signed approximately 6,000 5G 2B projects in the commercial field, a year-on-year increase of nearly 80%. A total of more than 20,000; its self-developed AIoT IoT platform has been upgraded to a cloud-native 3AZ architecture, and the number of IoT connections has exceeded 470 million; the number of video IoT users has exceeded 57 million

Operation data last month showed that China Telecom had 402 million mobile users in June, with a net increase of 790,000 in the month and 10.73 million in the year. household. Among them, the number of 5G package users reached 295 million, with a net increase of 4.24 million in the month and 26.9 million in the year.

In addition, China Telecom’s wired broadband users reached 186 million in June, with a net increase of 610,000 in the month and 5.36 million in the year. China Telecom’s fixed-line users in June were 103 million, a net decrease of 70,000 in the month and a net decrease of 1.77 million in the year.

According to previous reports, China Mobile’s total number of customers in June reached 9.85 100 million households, with a net increase of 2.278 million customers, while the number of 5G package customers was 722 million. On the other hand, China Unicom’s “big connection” users reached a total of 928 million in June, of which 5G package users reached a total of 232 million.

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