China: The three major operators announced a 10% reduction in broadband

In response to the country's call for the reduction of broadband and Internet private line fees for small and medium-sized enterprises, China Telecom, China Mobile and China Unicom have successively announced that they will use enterprise broadband and Internet private lines for small, medium and micro enterprise customers. Give a discount.

The three major operators said in their announcements that they would give a 10% discount on corporate broadband and Internet private lines used by small, medium and micro enterprise customers, which can be processed from now until December 31, 2022, and the discount will last for a long time after it takes effect. efficient.

China Telecom's semi-annual report shows that in the first half of 2022, China Telecom's fixed-line and smart home service revenue reached RMB 59.9 billion, a year-on-year increase of 4.4%, of which broadband access revenue reached RMB 40.8 billion, a year-on-year increase of 7.1%. The number of wired broadband users reached 175 million, of which gigabit broadband users reached 20.68 million, and the penetration rate increased to 11.8%, leading the industry. The value contribution of smart home business continued to increase, and the comprehensive APRU of broadband reached RMB 47.2, which continued to maintain good growth.

China Mobile announced its annual results for the first half of the year. In the first half of the year, China Mobile's household market revenue maintained rapid growth, reaching 59.4 billion yuan, a year-on-year increase of 18.7%; household broadband customers reached 230 million, a net increase of 12.41 million, and the net increase in customers continued to maintain. Leading the industry, with a net increase of gigabit broadband customers accounting for over 88%.

In the first half of the year, China Unicom's operating income was RMB 176.26 billion, a year-on-year increase of 7.4%, and the company's net profit was RMB 10.96 billion, a year-on-year increase of RMB 1.79 billion. In the first half of the year, the mobile service revenue was RMB 84.9 billion, a year-on-year increase of 3.4%. The number of mobile billing users reached 320 million, of which 5G package users had a net increase of 29.99 million to 184.92 million, and the penetration rate of 5G packages reached 58%. Fixed line broadband access revenue reached RMB 23 billion, up 4.3% year-on-year. The net increase of broadband access users was 4.4 million, bringing the total to 99.44 million, hitting a new high for the same period in the past 10 years.

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