Operating

Capital Expenditure of the Three Major Operators is CNY 291.1 Billion in 2017

Updated:2018/3/30 16:09

Recently, China Mobile, China Telecom and China Unicom all released the financial report of 2017, as well as introduced the investment volume and business priorities in 2018.

With nearly full-scale 4G network coverage and requirements of "improve the speed and cut down the tariff" program, the three major operators will continue to cut down their investments with expected decline of CNY 17.2 billion in 2018.

In fact, as 4G construction peak ended in 2015, the three operators have lost incentives in large-scale investments, while the "improve the speed and cut down the tariff" program made them more cautious in capital spending.

According to the reports, China Telecom's capital expenditure is expected to be CNY 75 billion this year, down by 15.5% compared with 2017; China Mobile's capital expenditure will drop by 6.4% to CNY 166.1 billion, while China Unicom’s spending is not expected to exceed CNY 50 billion.

 Source:C114
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