Today, China Telecom officially announced its 2021 annual results. During the reporting period, China Telecom achieved operating income of RMB434.2 billion, an increase of 11.3% year-on-year, of which service revenue was RMB402.8 billion, an increase of 7.8% year-on-year, excluding the impact of the sale of subsidiaries, an increase of 8.1% year-on-year, an increase of 5 consecutive years higher than the industry average.
Net profit attributable to shareholders of the parent company was RMB25,952 million, up 24.4% year-on-year. Net profit attributable to shareholders of listed companies, net of non-recurring gains and losses, was RMB25.044 billion, an increase of 19.2% year-on-year, and basic earnings per share were RMB0.31. Capital expenditure was RMB86.7 billion.
China Telecom pointed out that in 2021, the company will implement the strategy of "cloud change and digital rotation", expand comprehensive intelligent information services with customers as the center, create core capabilities for scientific and technological innovation, build a new information infrastructure, establish a strong alliance, open and cooperative industrial and capital ecology, reform institutional mechanisms, and achieve new results in high-quality development.
The value of mobile users continues to grow
As the basic disk of 5G services, China Telecom continues to improve 5G coverage and network quality, innovates tianyi cloud mobile terminal ecology, enriches 5G applications and rights systems, launches 5G cloud packages, optimizes user service experience with extreme integration, promotes the upgrading of personal emerging information consumption demand, continues to release a new round of traffic dividends, and drives the scale and value of mobile users to continue to increase.
In 2020, we will further promote the co-construction and sharing of China Unicom's network, with more than 690,000 5G base stations in use, 5G network coverage to all cities and counties in the country and some developed townships, continuous expansion of 4G network integration and resource sharing, further improvement of network quality and resource use efficiency, and cumulative savings in network investment of more than 210 billion yuan, and annual savings in network operating costs of 20 billion yuan.
In 2021, China Telecom's mobile communication service revenue was RMB184.2 billion, an increase of 4.9% year-on-year, mobile users reached 372 million households, the net increase in users remained industry-leading for four consecutive years, Tianyi Cloud VR, cloud games, ultra-high definition, Tianyi cloud disk and 5G video CRBT and other featured applications developed rapidly, the value contribution initially appeared, mobile users ARPU was RMB 45.0, an increase of 2.0% year-on-year, 5G package user penetration reached 50.4%, maintaining the industry leadership.
Digital life services continue to extend
Relying on the advantages of cloud-network integration capabilities, China Telecom integrates "Gigabit broadband + whole house WiFi + Tianyi HD + Zhijia application", brings together content applications and pan-intelligent terminal industry ecology with the Zhijia platform, promotes the interconnection of smart home products, continuously enriches the connotation of digital life services, provides intelligent customized service solutions for the whole house, and promotes the upgrading of life consumption quality.
At the same time, China Telecom has accelerated the expansion from the smart home scene to the smart community and the digital village, with the help of the Internet of Things, big data, artificial intelligence and other technologies, launched products and applications such as community security, community management, and resident services, and promoted the creation of smart communities; launched products and applications such as rural governance, agricultural production, and rural life, promoted the construction of digital villages, and achieved mutual promotion and linkage development.
In terms of building digital life service infrastructure, China Telecom integrates cloud, network, AI and other capabilities, builds a "1+31+X" architecture Tianyi video platform, creates standardized video capabilities covering 31 provinces, and launches standardized products and services such as Tianyi Kanjia for individual and family customers; and launches customized solutions for government and enterprise customers to superimpose industry information applications to meet the intelligent security needs of vertical industries.
In 2021, China Telecom's fixed-line and smart home service revenue reached RMB113.5 billion, an increase of 4.1% year-on-year, wired broadband subscribers reached nearly 170 million households, the penetration rate of Smart Home services such as whole house WiFi and Tianyi Kanjia increased rapidly, smart home income increased by 25.1% year-on-year, and broadband integrated ARPU reached RMB45.9, an increase of 3.4% year-on-year.
The scale of industrial digitalization revenue is nearly 100 billion
China Telecom deeply integrates the elements of the digital economy and the real economy, and takes "cloud integration, security integration, 5G integration, digital integration, and wisdom integration" as the starting point to create comprehensive and intelligent scenario-based solutions and actively empower the transformation and upgrading of traditional industries.
5G customized network widely serves various vertical industries, innovative business models are richly landed; Tianyi Cloud has been fully upgraded to a distributed cloud, the digital platform has accelerated the modular evolution, the core capabilities of integrated business have been significantly enhanced, the company's new IT systems have achieved 100% cloudification, 99% of the existing IT systems have completed cloud transformation, all carried by Tianyi distributed cloud, AND cloudification has achieved remarkable results in improving quality and reducing costs and efficiency, and promoting customers to accelerate the "cloud with digital wisdom".
In 2021, the revenue of digital services in China's telecom industry reached RMB98.9 billion, an increase of 19.4% year-on-year, and the growth rate was significantly higher than that of 2020.
It is reported that China Telecom's 5G customized network commercial projects have covered all 15 key industries of the 5G application "Sail" action plan, and more than 1,200 projects have been landed throughout the year. The three types of customized networks of "Zhiyuan, Bilin and Ruyi" give full play to the characteristics of 5G broadband connection, high speed, low latency and data security, and empower industries such as industrial Internet, media integration, smart city, intelligent mining, Internet of Vehicles, smart medical care, and smart ports.
It is worth mentioning that in 2021, Tianyi Cloud's revenue doubled to RMB27.9 billion, ranking first in the industry and maintaining a leading position in the government affairs public cloud market. At the same time, China Telecom strengthened the intensive development of data center scale, IDC revenue reached 31.6 billion yuan, and its market share continued to remain the first in the industry.
Continue to strengthen the layout of scientific and technological innovation
In 2021, China Telecom will drive development with scientific and technological innovation, and its ability to innovate in science and technology will continue to increase, taking substantial steps towards science and technology enterprises. The layout of RDO's scientific and technological innovation research and development system has been fully completed, and key core technologies such as network, AI, security, and quantum are being integrated into applied basic research, applied technology research and development, and operational development.
In the past year, China Telecom has promoted the independent control of core technologies, made breakthroughs in technological innovations such as Tianyi Cloud 4.0, 5G edge network, new generation cloud network operation system, VoLTE quantum secret talk, base station and computer room AI power saving, and fully deployed the self-developed 5G video CRBT platform.
At the same time, the transformation of scientific and technological achievements has been accelerated, and 33 achievements have been fully transformed and landed; more than 80 small and micro innovation achievements have been shared and copied through the sharing platform model. In the whole year, 46 international standards were completed, and the number of domestic invention patents and PCT applications increased by 2 times and 8 times respectively, and the influence of science and technology was further enhanced.
In addition, we have extensively carried out industry-university-research-application cooperation and innovation, and jointly carried out key technology research and innovation cooperation with universities, research institutes and other institutions. Strengthen the construction of scientific and technological teams, and cultivate and introduce scientific and technological talents in an all-round way. (Water Easy)