In the first eight months of 2024, the communication industry will run basically smoothly, the volume of telecommunications services will continue to grow, the construction of new infrastructure such as 5G and gigabit optical networks will continue to advance, the scale of network connection users will continue to expand, and mobile data traffic will continue to grow rapidly.
The total volume of telecommunications services maintained double-digit growth, and the growth rate of telecommunications business revenue was stable and declined
In the first eight months, the total revenue of telecommunications business reached 1,173.2 billion yuan, a year-on-year increase of 2.7%. The total volume of telecommunications services at constant prices in the previous year increased by 11.1% year-on-year.
Data source: Ministry of Industry and Information Technology, China Commercial Industry Research Institute
Data source: Ministry of Industry and Information Technology, China Commercial Industry Research Institute
Revenue from fixed Internet broadband business grew steadily. In the first eight months, the three basic telecommunications companies completed Internet broadband business revenue of 181.6 billion yuan, a year-on-year increase of 4.6%, accounting for 15.5% of the telecommunications business revenue, an increase of 0.1 percentage points compared with the previous seven months, and driving the growth of telecommunication business revenue by 0.7 percentage points.
Mobile data traffic revenue fell slightly. In the first eight months, the three basic telecommunications companies completed mobile data traffic business revenue of 434.2 billion yuan, a year-on-year decrease of 2%, accounting for 37% of the telecom business revenue, accounting for an increase of 0.1 percentage points compared with the previous seven months.
Data source: Ministry of Industry and Information Technology, China Commercial Industry Research Institute
For more information, please refer to the "Research Report on Market Prospects and Investment Opportunities of China's Communications Industry" released by the China Commercial Industry Research Institute, and the China Commercial Industry Research Institute also provides industrial big data, industrial intelligence, industry research reports, industry white papers, industry status certificates, feasibility study reports, industrial planning, industrial chain investment map, industrial investment guidelines, industrial chain investment investigation & promotion meetings, "15th Five-Year Plan" and other consulting services.