{"id":12469,"date":"2020-04-23T06:23:25","date_gmt":"2020-04-23T06:23:25","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=278390"},"modified":"2020-04-23T06:23:25","modified_gmt":"2020-04-23T06:23:25","slug":"china-telecom-adds-12m-5g-users-as-profit-dips","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/04\/23\/china-telecom-adds-12m-5g-users-as-profit-dips\/","title":{"rendered":"China Telecom adds 12M 5G users as profit dips"},"content":{"rendered":"

<\/p>\n

\tChina Telecom accelerated the migration of LTE subscribers to its new 5G network, adding 12 million 5G subs in the first quarter, taking its total to 16.6 million.<\/p>\n

Earlier in the week, market leader China Mobile announced it doubled its 5G user base [1] in March, adding 16.3 million subs to take its total to 31.7 million. Rival China Unicom hasn’t revealed 5G numbers.<\/p>\n

In a statement, Ke Ruiwen, China Telecom chairman and CEO, said the operator took various measures in the January to March period to mitigate the impacts of the Covid-19 (coronvirus) epidemic by ramping up efforts to maintain stable communications networks.<\/p>\n

He noted mobile data traffic continued to grow rapidly, increasing 37.4 per cent from a year earlier, while the decline in ARPU narrowed compared with Q1 2019, without disclosing the latest figure.<\/p>\n

The operator\u2019s net profit for the first quarter fell 2.2 per cent year-on-year to CNY5.82 billion ($821 million), with operating revenue broadly flat, up 0.7 per cent to CNY92.14 billion.<\/p>\n

March rebound
\nAfter losing 5.17 million overall subs in the first two months of the year due to pandemic restrictions, subs rebounded in March with 6.15 million net additions. Year-on-year its user base increased 6.9 per cent to end the quarter at 336.6 million.<\/p>\n

Looking to the full year, Ke said the company will proactively respond to the impact of the epidemic and adapt to changes in demand by focusing on \u201ccustomer and market-orientated approaches\u201d and accelerating the joint 5G network deployment with China Unicom.<\/p>\n

Last month, China Telecom, the second largest in China by subscribers, reported its net profit in 2019 fell 3.3 per cent [2] year-on-year to CNY20.5 billion and mobile service revenue increased 4.7 per cent to CNY176 billion.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/china-mobile-doubles-5g-subs-to-31-7m\/
\n[2] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/mobile-holds-steady-for-china-telecom-in-2019\/<\/p>\n\n

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China Telecom accelerated the migration of LTE subscribers to its new 5G network, adding 12 …<\/p>\n

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