4.51 million 5G users can provide pipeline without 5G mobile phone operators?

4.51 million 5G users can provide pipeline without 5G mobile phone operators?
On March 24, China Telecom’s Hong Kong listed company released its 2019 financial report.At this point, the three major operators have announced their preliminary transcripts for 2019.Unsurprisingly, despite the uneven profit performance, the operating income of the three companies all increased and the growth stagnation is contradictory-China Mobile ‘s annual revenue has increased.2%, China Unicom grew by only 0.3%, while China Telecom fell by 0.4%.  All three operating companies admit that the current operating environment is “complex and severe”, and their future-oriented layout clearly points to the new possibility of 5G technology replacement.In essence, its financial reports also highlight the high growth of its emerging businesses, showing an urgent mentality of seeking new growth poles.However, in the fiercely competitive industrial Internet field, can operators with huge volumes and highly dependent on communication service business realize the gorgeous transformation of elephant dancing?  China Mobile has recorded its second-largest profit decline in the past decade. Telecom revenues have both declined in volume. China Mobile is still the undisputed number one among the three major operators.According to the announcement, in 2019, the company’s operating income was 745.9 billion yuan, while China Telecom’s data was 375.7 billion, and China Unicom’s was 264.4 billion.In terms of profit performance, China Mobile is still the leader, with two shareholders attributable profit of 106.6 billion US dollars, while China Telecom and China Unicom figures are 20.5 billion and 11.3 billion, respectively.China Mobile’s net profit is more than three times that of other common sums.  In terms of revenue growth, the three major operators hit the revenue ceiling without exception.Among them, China Mobile’s revenue increased by 1 every year.2%, communications service revenue growth was only 0.5%.China Unicom’s highest service revenue only grows by 0 per year.3%, while China Telecom’s revenue recorded 0.4% drop.In terms of profit growth, in addition to China Unicom’s “benefit from good cost control” and achieved 11.In addition to the 1% increase, the profits of China Mobile and China Telecom have both decreased-the former has dropped by 9.5%, an additional drop of 3.3%.For China Mobile, this is the second-largest annual net profit reduction in a decade, second only to 10 in 2014.2% decrease.For China Telecom, revenue and net profit are simultaneously inserted.  Although China Unicom’s revenue has increased slightly and its profitability has improved, it is precisely in 2019 that its number of mobile billing users has been overtaken by China Telecom.As of December 2019, China Unicom has 3 mobile billing users.18.5 billion households, while China Telecom reached 3.36 billion households.China Unicom has repeatedly stated in the announcement that in the face of speed increase and fee reduction, market saturation, fierce market competition and the gradual decline of the 4G traffic dividend, the company adheres to differentiated and Internet-based operations, strictly controls user development costs, strengthens integrated operations, and strives to avoidSimple price war.Although the control of user development costs has improved profitability in the short term, the small number of mobile users may affect the company’s long-term development potential.  在业绩报告书中,中国移动董事长杨杰表示,公司在财务表现上的压力在于“流量红利快速释放、同业及跨界竞争不断加剧等严峻复杂的经营环境以及‘提速降费’持续推进等The influence of policy factors “.China Unicom said that since 2019, the development of the domestic communications industry has entered a period of pain, the revenue growth is weak, and the industry value is under pressure.China Telecom’s financial report also mentioned “pressure and challenges in the operating environment.”In 2019, the first year of 5G business, the three major operators are not living well.In 2020, when 5G is popular, they will face more pressure and challenges.  The scale of 5G subscribers reaches 10 million, and the expansion of 5G capital will gradually exceed 180 billion. China Mobile will continue to replicate. By the end of February 2020, 5G package customers have reached 15.4 million, maintaining industry leadership.China Telecom and the announcement stated that the company’s 5G package users have reached 10.73 million.China Unicom did not disclose relevant data.However, the 5G package users who are ranked very low in proportion can bring communication service revenue, and the three major operators bring obvious benefits and attention to the digital transformation that 5G can bring.China Mobile said in its financial report that the acceleration of 5G development will provide better carriers and more scenarios for technology-scale applications such as artificial intelligence, Internet of Things, cloud computing, big data, edge computing, and blockchain, and promote the digitization of thousands of industries.Transformation and consumption upgrade of digital life.At the same time, the company is also facing disruptive changes in the form of digital services, new challenges of network disruption and business models in the 5G era, and new trends in industry, cross-border and cross-domain competition.  In 2019, the three major operators have begun to exert their efforts in the development of 5G, gradually capital expenditure of 41.2 billion.According to financial reports, China Mobile ‘s 5G-related investments in 2019 were US $ 24 billion, while China Unicom and China Telecom were US $ 7.9 billion and US $ 9.3 billion, respectively.The 5G co-construction and sharing between China Unicom and China Telecom has taken substantial steps in 2019.China Unicom disclosed in its financial report that the two parties have gradually opened up 50,000 shared 5G base stations, and jointly saved about 10 billion yuan in investment costs.  China Unicom also said that in the future, the company will actively take advantage of joint construction and sharing, and fully consider the technological progress, industry chain maturity, and market and business needs. Steady, precise, and dynamic investment in 5G network construction will save investment costs and operating costs.Under the circumstances, achieving 5G network quality is basically equivalent to participating operators.  In 2020, the scale of competition and cooperation among the three major operators in 5G construction will also expand rapidly.According to the financial report, in 2020 China Mobile expects that 5G-related investment plans will reach 100 billion US dollars, build 250,000 5G base stations and achieve 5G scale commercial use in all prefecture-level cities; 5G capital expenditures of China Unicom and China Telecom are expected to reach respectively350 ppm and 453 ppm, the two will strive to complete the plan to jointly build and share 250,000 5G base stations in the third quarter of this year, and will become a mutual effort to achieve 300,000 stations.The capital expenditures of the three major operators on 5G will reach 1803 trillion in 2020, an increase of more than three times a year.The total number of base stations will exceed 600,000.Industry analysts predict that the penetration rate of 5G networks and users will also be greatly increased in 2020, and the tariffs for 5G packages may also be declining more rapidly.However, such huge expenditures also seem to bring breakthrough financial pressure to the operation of the operator enterprises.  There is also a problem.Continuous financial reports show that China Mobile’s 5G package customers reached 15.4 million, and China Telecom’s 5G package users reached 10.73 million.China Unicom has not released relevant data.Only mobile telecommunications coaxial totaled 26.13 million 5G package users.However, ICT data show that in 2019, China’s 5G mobile phone expansion will be 1376.90,000 units.From January to February 2020, the number of 5G mobile phones implanted in China is 784.50,000 units.The total is 2161.40,000 units.In other words, there are 451 mobile and Unicom 5G package users.60,000 users do not have 5G mobile phones, which has not yet added Unicom’s data.It is speculated that this part of the users may be attracted by 5G package discounts, or the “water” caused by the wide statistical caliber of 5G users by operators. The competition for 5G users by operators will only be fiercely launched for a long time in the future.  Emerging business becomes the highlight of the financial report. Whether the elephant can dance still needs market inspection. In the face of the revenue ceiling, China Mobile described the company ‘s new business development in the financial report: adapting to changes, transforming and upgrading from communication services to broader information servicesStart the implementation of the “four-wheel” market in all directions including individuals, families, government and enterprises, and emerging (referred to as C, H, B, N, respectively), with a strategic transformation of coordinated development to optimize the income structure and enhance new development momentum.As of the end of 2019, the number of government and enterprise customers reached 10.28 million, an annual increase of 43.2%.Focusing on key industries such as industry, agriculture, education, government affairs, medical treatment, transportation, and finance, and vigorously promoting DICT industry solutions that are deeply integrated with the scene, DICT income continues to grow48.3%, reaching RMB 26.1 billion.”Migu Video” monthly active users grew by 46 in ten years.4%, monthly active users of the “He Bao” core function increase by 58 every year.9%.  Fu Liang, an independent telecommunications industry analyst, told Sauna and Yeewang that China Mobile has always maintained a consensus advantage in the personal market competition. However, in the context of the 4G traffic dividend dissipation and the “speed increase and fee reduction” policy continuing to advance, the company’sRevenue and profit performance are relatively affected, so there is a stronger incentive to expand in multiple markets.In the context of the upcoming large-scale rollout of 5G, the growth potential of emerging businesses such as government and enterprises is increasingly optimistic about the industry, and will become the focus of competition for operating companies.  China Unicom and China Telecom also used too much space in their financial reports to report on the development of their business beyond communications services.China Unicom ‘s multi-industry Internet revenues have experienced relatively high growth: In 2019, cloud computing revenues reached RMB 23.6ppm, an annual increase of 147%; in terms of big data, revenue in 2019 will reach RMB 12.300 million US dollars, an annual growth of 103%; in the Internet of Things, the number of platform connections is close to 1.900 million, and revenue will reach RMB 30 in 2019.4 trillion US dollars, an annual increase of 46%; IT services, revenue in 2019 reached 10 billion US dollars, an increase of 78% over the same period.  China Telecom said that the company is continuing to build and leverage the unique advantages of cloud-network integration, expand the combination of basic network access and cloud computing, big data, Internet of Things and other technologies, and deeply tap customer needs and market potential in the benchmarking field.The company’s “Tianyi Cloud” ranks seventh in the world in the public cloud IaaS market share, ranking first in the global operators, ranking first in China’s hybrid cloud market, and ranking first in the domestic comprehensive IDC business.Cloud business revenue reached RMB 710,000, and revenue grew by 57 per year.9%, has risen as the first growth driver in the field of DICT; the number of IoT connections has reached 1.57 billion, with annual revenue growth of 21.7%.DICT business is gradually growing into the company’s new growth pole.  Faced with the 5G fashion trend, I realized that operators are no longer willing to be “pipelined” as in the 4G era and become a pure infrastructure provider, but try to play a more ecological and nurturing and industry consolidation on more front-end technologies and servicesability.However, judging from the current revenue figures, the volume of these emerging businesses has not yet broken through the real ability to break through the revenue ceiling.To directly compete with domestic and foreign mainstream Internet companies in the field of industrial Internet, the technology and market capabilities of operators are further tested by the market.  Sauna, Ye Wang promised editor Xu Chao Sun Yong proofreading Li Shihui