China Tower's Operating revenue Reached 81.099 Billion RMB in 2020

Updated:2021/3/9 14:23

According to the 2020 financial report released by China Tower on March 8, its annual Operating revenue was RMB 81.099 billion, with a year-on-year growth of 6.1%; its net income was RMB 6.428 billion, with a year-on-year growth of 23.1%.

Among them, tower business revenue was RMB 73.371 billion, with a year-on-year growth of 2.8%; the revenue from indoor distributed antenna system services was RMB 3.528 billion, with a year-on-year growth of 32.7%; the revenue from cross-industry site applications and information & energy services was RMB 3.939 billion, with a year-on-year growth of 89.4%.

According to the financial report, as of the end of 2020, China Tower had constructed a total of more than 760,000 5G stations, of which more than 97% were transformed from the existing stations. The total number of stations operated by 3 telecommunication operators had increased by 1.3 times compared with that at the time of the establishment of China Tower.

The number of tower stations was 2.023 million, a total net increase of 29,000 from the end of 2019. The number of operator tower tenants reached 3.175 million, an increase of 112,000 from the end of 2019. The average number of operator tower station tenants reached 1.57; in terms of indoor business, the total indoor distributed coverage area of the buildings reached 4.06 billion square meters, and the total distance of high-speed railway tunnels and subway lines reached 12,702km.

 Source:C114
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