Data show that carriers began falling into a "slump" in operation this November. China Mobile saw a negative increase in the number of mobile and 4G subscribers; China Telecom's broadband subscriber headcount plummeted. The sharp decline in the number of mobile and broadband subscribers was a devastating blow to China Unicom.
Nonetheless, 5G stood out among other businesses with disastrous operational data. China Mobile's monthly increase of 5G subscribers hit a new record high by adding 18,589,000 in November compared with 15.2 million increased a month earlier. Adding approx. 620,000 5G subscribers per day, the growing momentum is unstoppable.