Figures released by the Ministry of Industry and Information Technology on 21 March show the telecom sector in good shape over January and February: revenue growth picked up, total traffic kept rising quickly, 5G build-out and take-up advanced, and emerging services contributed more to growth.
Revenue for the two months reached RMB 258.6 billion, up 9% year on year, 3.2 percentage points faster than a year earlier. The three state-owned operators booked RMB 38.7 billion in internet broadband revenue, up 8.5%, and RMB 107.2 billion in mobile data traffic revenue, up 1.5%.
Emerging services grew fastest. IPTV, internet data centres, big data, cloud computing and the internet of things brought in RMB 50.8 billion, up 34.1%, or 19.6% of telecom revenue, and added 5.5 percentage points to overall growth. Cloud revenue rose 124.6% and big data 58%; data centre revenue rose 20.6% and IoT revenue 21.9%.
The growth follows steady 5G build-out. By the end of February there were 1.506 million 5G base stations, 15% of all mobile base stations, with 81,000 added during the two months. The east leads on both build and use: by the end of February the east, central, west and northeast regions had 719,000, 324,000, 366,000 and 97,000 5G base stations, or 16.6%, 14.8%, 12.9% and 14.2% of local mobile base stations, and 172.7 million, 89.25 million, 96.96 million and 24.99 million 5G subscribers, or 24.1%, 23.3%, 22.3% and 21.3% of local mobile subscribers.
Republished for information. The original text has not been independently verified and does not necessarily reflect our views.
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