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The total number of China Mobile’s customers will grow negatively in 2021

The following is the The total number of China Mobile’s customers will grow negatively in 2021 recommended by recordtrend.com. And this article belongs to the classification: China Telecom, China Mobile, China Unicom.

At noon on the 28th, China Telecom released its first quarter report. So far, all the first quarter results of the three major operators have been released. According to the financial report data combed by Zhongxin Jingwei, the three major operators made a total net profit of 34.384 billion yuan in the first quarter, with an average daily profit of about 382 million yuan.

The average daily profit of the three operators is 382 million yuan

According to the data, in the first quarter, China Mobile’s operating revenue was 1984 billion yuan, up 9.5% year on year. The net profit was 24.1 billion yuan, a year-on-year increase of 2.3%.

China Telecom’s revenue was 106.873 billion yuan, up 12.7% year on year. The net profit was 6.441 billion yuan, a year-on-year increase of 10.6%.

China Unicom’s revenue was 82.272 billion yuan, up 11.4% year on year. The net profit was 3.843 billion yuan, a year-on-year increase of 21.4%.

According to the calculation, the total revenue of the three operators in the first quarter of this year was about 387.545 billion yuan, the net profit was 34.384 billion yuan, and the average daily profit was about 382 million yuan. Last year (2020), the three operators made a total of 32.488 billion yuan in the first quarter, with a daily profit of about 357 million yuan. Compared with 2020, the daily net profit of the three operators increased by about 7% year on year.

Zhang Xiaorong, President of deep science and Technology Research Institute, pointed out in an interview with Zhongxin Jingwei that the fundamentals of the three major operators are relatively stable and maintain the pattern of synchronous development. With the economic recovery, the year-on-year growth rate of performance also begins to recover. Among them, China Mobile’s earning power is still the strongest, with revenue accounting for about half of the three companies’ total, net profit accounting for 70% of the three companies’ total, and the base growth rate is the lowest. Compared with the past, the overall pattern has little change.

Zhang Xiaorong also said that the three operators will face the test of cost growth in the future. With the increase of 5g users, the electricity cost of 5g network will rise sharply. In the future, how to achieve the balance between cost and revenue has become a new topic to test the three operators.

Negative growth in total number of customers of China Mobile in the first quarter

Source: first quarter report of China Mobile

According to the first quarter report, the total number of customers of China Mobile in the first quarter was 940 million, 2.32 million less than that at the end of 2020. It is worth noting that the total number of users of China Mobile decreased by 4.26 million in the fourth quarter of 2020. In the first quarter, China Mobile had 189 million 5g package users, an increase of 13 million.

Source: first quarter report of China Telecom

China Telecom had 356 million mobile subscribers in the first quarter, an increase of 5.23 million over the end of 2020. In addition, China Telecom’s 5g package users reached 111 million, with a net increase of 24.73 million.

Source: China Unicom Quarterly Report

China Unicom had 309 million mobile account users in the first quarter, an increase of 3.482 million over the end of 2020. In the fourth quarter of 2020, the number of China Unicom’s mobile account users decreased by 3.371 million. In addition, China Unicom’s 5g package users reached 91.852 million in the first quarter, a net increase of 21.022 million.

Zhang Xiaorong said that the total number of customers in China has reached a historical peak in 2020, but the number of users of China Mobile has been losing. There are three reasons: first, the total number of users has reached the ceiling; second, the 5g network has been shunted; third, after the number carrying network has been opened, the users will be transferred.

Zhang Xiaorong added that the continuous loss of users has sounded an alarm for operators. China Mobile has come to a critical moment when it must reform. It is necessary to consolidate its number of users, find the reasons from the root, and work hard to improve user satisfaction( Zhongxin (APP)

Read more: January 2019 China’s top three operators’ operation data inventory Q1 2019 China’s top three operators’ operation data inventory 2021 China mobile steps on the brake November 2019 China Mobile’s top three operators’ data rank the bottom compared with China Unicom’s 4G data analysis may 2019 China Mobile’s top three operators’ operation data PK November 2018 China Mobile’s top 20 broadband In December, 18, the number of mobile users of China’s three major operators’ operation data exceeded 300 million for the first time. In the first half of 2018, the number of mobile broadband users of China’s three major operators was close to that of Telecom. In May, 2020, the number of 5g users of China Unicom became a mystery. In November, 2017, the number of China’s three major operators’ operation data analysis of China’s three major operators in October, 2020, the growth momentum of 5g package users was still rapid Data inventory of q1-q3 operators in 2017 data inventory of China’s three operators in 2020 5g users exceed 250 million data inventory of q1-q3 operators in 2019 average daily profit of 403 million yuan data inventory of China’s three operators in Q1 in 2019

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