Recently, the three major telecom operators have released financial and operational data for the first quarter of 2022. Among them, there are several sets of numbers that deserve attention.
1. The quarterly revenue of the three major operators has increased significantly.
China Mobile's operating income in the quarter was 227.3 billion yuan, an increase of 14.6% year-on-year, of which the main business income was 193.8 billion yuan, an increase of 9.1% year-on-year.
China Telecom's operating income in the current quarter was 119.629 billion yuan, an increase of 11.94% year-on-year, of which service revenue was 110.024 billion yuan, an increase of 9.9% year-on-year.
China Unicom's operating income in the quarter was 89.022 billion yuan, an increase of 8.2% year-on-year, of which service revenue was 81.197 billion yuan, an increase of 9.8% year-on-year.
2. The net profit of China Unicom Telecom increased significantly, and the sales of mobile affected terminals.
China Mobile's quarterly profit was 25.6 billion yuan, up 6.5% year-on-year. Other business revenue of 33.5 billion yuan, an increase of 61.6% year-on-year, mainly due to the substantial increase in mobile phone sales, which became an important reason for the decline in China Mobile's profit margin.
China Telecom's quarterly profit was 7.223 billion yuan, an increase of 12.14% year-on-year. Other operating expenses increased by 24.3% year-on-year, mainly due to sales of mobile terminal products such as 5G mobile phones.
China Unicom's quarterly profit was 4.634 billion yuan, an increase of 20.6% year-on-year. Revenue from sales of communication products decreased by 6.3% year-on-year. Reducing the revenue of communication products, a large proportion of the profit growth comes from the revenue of communication products with low gross margin.
Due to the low gross margin of sales of terminal products, mobile telecoms sell more, and the lower the overall profit margin is pulled. China Unicom sold fewer terminals and its profit margin rose sharply.
3. Emerging businesses are growing rapidly.
China Mobile's DICT and business revenue was 23.7 billion yuan, an increase of 50.9% year-on-year.
China Telecom's industrial digital business accelerated its growth, with revenue reaching 29.414 billion yuan, an increase of 23.2% year-on-year.
China Unicom's industrial Internet revenue was 19.419 billion yuan, an increase of 34.8% year-on-year; big data revenue was 972 million yuan, an increase of 54.1% year-on-year. The cloud accelerated its development, achieving revenue of 9.12 billion yuan, an increase of 114% year-on-year; IDC achieved revenue of 6.231 billion yuan, an increase of 14.5% year-on-year;
4. Accelerate the conversion of mobile user data to 5G.
China Mobile: The total number of mobile customers is about 967 million, of which the total number of 5G package customers reached 467 million, and the total number of 5G network customers reached 233 million (5G network customers are about half of 5G package customers). Mobile Internet traffic increased by 20.7% year-on-year, mobile Internet ACCESS DOU reached 13.0GB, total call minutes were 708.6 billion minutes, down 1.1% year-on-year, and SMS usage was 224.3 billion, an increase of 6.2% year-on-year.
China Telecom: The quarterly net increase in mobile subscribers increased by 7.11 million to about 380 million, the net increase of 5G package users increased by 22.95 million to about 211 million, the penetration rate reached 55.5%, and the ARPU value of mobile users was 45.1 yuan.
China Unicom: 5G package users reached 171 million. The number of "big connections" users reached 779 million.
Attached: Part of the operating data of the three operators:
Mobile:
China Telecom:
China Unicom: