China Unicom released its results for the first three quarters of 2026 on the Hong Kong Stock Exchange today. Revenue came in at 294.6 billion yuan, up 0.6% year-on-year, while net profit fell 33.6% to 13.3 billion yuan.
Computing power was the standout segment, with revenue up 12.2% year-on-year, including a 10.4% increase in revenue from intelligent computing centers. The company has been building out end-to-end capabilities spanning the creation, storage, transfer, cleaning and application of Tokens, positioning itself as an operator of high-value Tokens and stepping up the large-scale rollout of AI.
Total connections surpassed 1.3 billion, according to the announcement, with mobile and broadband users up a net 12.4 million and IoT connections up more than 66 million. China Unicom now operates over 4.8 million 4G/5G base stations and has launched commercial 10-gigabit optical network pilots in more than 100 cities. It has 1.2 million standard racks and 3,000 MW of total IDC capacity, and has built more than 10,000 5G factories. Paid users of its cloud-intelligence products have topped 120 million.
By the end of the third quarter, China Unicom had 255.63 million 5G network users and 789.70 million IoT terminal connections. Unicom Cloud served 562,000 institutional industry key customers, while paid users of cloud-intelligence products reached 123.50 million. The company also counted 481,000 institutional industry key customers for its security business.
China Unicom said that with AI rapidly turning from a technological variable into an industrial increment, it will put scientific and technological innovation at the heart of its overall development, complete its shift from a "traditional pipeline provider" to a "digital-intelligent comprehensive service provider," and strive to create greater value for shareholders, customers and society.