Page 43 - Market Analysis Report of Optical Communications Field in China & Global market 2024
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China Mobile was about 1.04 billion, with a net increase of 2.43      Figure 11: Annual operating income and net profit
million users in the month and a cumulative annual net increase       attributable to shareholders of parent company of China
of 12.98 million users; Among them, the number of 5G package
customers reached 539 million. The number of wired broadband                  Unicom in recent years (unit: 100 million yuan)
customers of China Mobile reached 314 million, a net increase
of 2.99 million in the month and 15.36 million in the year.

On October 22, China Mobile released its performance report                  Data source: Network and Telecommunication Research Institute
for the first three quarters of 2024. In the first three quarters of
2024, China Mobile's operating revenue was 791.5 billion yuan,        3. China Telecom
up 2.0 percent year on year, of which the main business revenue       By the end of September 2024, China Telecom's mobile
reached 678 billion yuan, up 2.0 percent year on year, and the        communication service revenue reached 156.823 billion yuan,
other business revenue was 113.4 billion yuan, up 2.2 percent         an increase of 3.2% year-on-year, with a net increase of 14.9
year on year, according to the report. The net profit attributable    million mobile users to 423 million, a net increase of 26.4
to shareholders of the parent company was RMB 110.9 billion,          million 5G package users to 345 million, a penetration rate
up 5.1% year on year. In the first three quarters, the company        of 81.6%, and a mobile user ARPU of 45.6 yuan. It remained
consolidated its efforts and forged ahead, making steady              stable. The company's fixed-line network and smart home
progress in its business development.                                 service revenue reached 95.624 billion yuan, up 2.9% year-on-
                                                                      year, the number of wired broadband users reached 196 million,
Figure 10: Annual operating income and net profit                     the smart home income increased 17.0% year-on-year, and the
attributable to shareholders of parent company of China               comprehensive broadband ARPU was 47.8 yuan, and the value
                                                                      contribution of smart homes continued to increase.
         Mobile in recent years (unit: 100 million yuan)

         Data source: Network Telecommunication Research Institute    On October 22, China Telecom disclosed its performance report
                                                                      for the first three quarters of 2024. In the first half of 2024, the
2. China Unicom                                                       company achieved an operating income of 391.968 billion
The operating data of China Unicom in September showed                yuan, an increase of 2.9% over the same period last year, of
that the total number of "big connection" users reached 1.105         which the service revenue was 362.886 billion yuan, an increase
billion, and the number of mobile users reached 345 million,          of 3.8% over the same period last year. Net profit was 29.299
with a net increase of 11.23 million for the whole year, hitting a    billion yuan, up 8.1 percent from the same period last year, and
new high in the same period of nearly six years. Among them,          net withholding was 28.686 billion yuan, up 5.4 percent from
there were 286 million 5G package users, and the penetration          the same period last year. Basic earnings per share came in at
rate of 5G package reached 83%, and the user structure                0.32 yuan, up 8.1 per cent from a year earlier.
continued to be optimized. The number of Internet of Things
connections reached 594 million, a net increase of nearly 100         Figure 12 China Telecom's annual operating income and net
million. The number of fixed-line broadband users reached 121         profit attributable to shareholders of the parent company in
million, a net increase of 7.12 million for the year, and the scale
of development maintained a good momentum.                                                            recent years

On October 22, China Unicom released its performance report           Data source: Network Telecommunication Research Institute
for the first three quarters of 2024. In the first three quarters of
2024, the company's operating income reached 290.12 billion
yuan, up by 3.0% year-on-year; Net profit attributable to the
parent company was 8.34 billion yuan, up 10.0% year-on-year,

continuing to maintain a double-digit growth rate.

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