Mobile Slow Telecom Unicom

Recently, Mobile, Telecom, and China Unicom have announced their first-quarter results. Although mobile revenue and net profit are far ahead of the total, the increase is relatively low. Telecom has shown a steady trend in performance growth; Unicom’s The answer is most surprising, with the highest increase in revenue, and the net profit decline is even more alarming.

The quarterly report shows that the total revenue achieved in the first three months of this year was 118.17 billion yuan, an increase of 8.3% year-on-year. The increase in revenue was the lowest among the three operators.

Telecom's net profit was 4.618 billion yuan, an increase of 8.1% over the same period of last year, and the net profit growth among the three companies was the highest. From the numbers, telecommunications are advancing with a faster and more stable pace with the arrival of the 3G era.

China Unicom's performance in the first quarter is undoubtedly the most unreadable, its total revenue far exceeds that of mobile and telecommunications, which has increased Unicom’s highest revenue growth since restructuring, but high-growth revenue has not brought high profits to Unicom. This strange performance of China Unicom is mainly due to high subsidies for 3G services.

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