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In terms of individual customers, it gained a net increase of 25.21 million in 2019, totaling 950 million. The mobile phone data increased by 90.3% and DOU reached 6.7GB.
China Mobile released its 2019 annual performance report the day before. In 2019, its operating income was 745.9 billion yuan, with an increase of 1.2%
The company has a capital budget of 28 billion RMB, of which 17 billion RMB will be used in the construction of 5G Communication.
The report shows China Tower achieved revenue of 76.428 billion yuan in 2019, with a year-on-year growth of 6.4%; realized a profit of 5.222 billion yuan, with a year-on-year significant increase of 97.1%.
Tong Jilu, chairman of China Tower, recently says that by the beginning of March 2020, the company has erected more than 200,000 5G base stations.
The additional shares have been issued on March 12, 2020, and Huawei Investment has become the third largest shareholder of Hengtong Optic-Electric.
Chen’an Technology stated in the evening of March 15 that it had received a written notice from Qingkong Venture Capital Ltd, its controlling shareholder, to confirm China Telecom Group Investment Co., Ltd. as the assignee of open solicitation.
23 departments, including the National Development and Reform Commission, jointly issued a document calling for accelerating the construction and commercial pace of information infrastructure for 5G network, etc.
Ke Ruiwen, chairman of China Telecom, recently mentioned that the enterprise had adjusted the 5G construction plan on the basis of the preliminary work.
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