Recently, with the announcement of China Telecom’s mid-term performance in 2020, all three major telecom operators have published their semi annual performance reports in 2020. In the first half of the year, the three enterprises achieved different levels of income growth, and 5g development also exceeded expectations. < p > < p > in the first half of the year, the revenue of China Mobile was 389.9 billion yuan, with a year-on-year increase of 0.1%; that of China Telecom was 193.8 billion yuan, with a year-on-year growth of 1.7%; that of China Unicom was 150.397 billion yuan, with a year-on-year growth of 3.8%. Huang Yuhong, vice president of China Mobile Research Institute: 5g development is beyond expectations. In the first half of the year, we completed 55.2 billion yuan of capital expenditure related to 5g, and planned to invest 105 billion yuan in the whole year. More than 350000 base stations will be opened by the end of 2020, covering more than 350000 cities in China. Huang Yuhong said that by the end of June, China Mobile’s 5g personal package users had reached 70 million, and will exceed 100 million by the end of the year. China Mobile plans to provide 5g commercial services to all cities above prefecture level by the end of the year. At present, it is accelerating the maturity of relevant industries of 5g independent networking and striving to realize the commercial application of 5g independent networking within the year. Wu Wei, deputy general manager of cloud Network Development Department of China Telecom Group: as of the end of June, there were nearly 210000 5g base stations, and more than 50 key cities achieved continuous coverage. According to Wu Wei, China Telecom’s digital revenue in the first half of the year was 42.9 billion yuan, up 5.1% year-on-year. At present, China Telecom has taken the lead in realizing 5g independent networking commercial network capability in Shenzhen. According to the financial report of China Unicom, the industrial Internet business income of China Unicom increased by 36% in the first half of this year, reaching 22.7 billion yuan, accounting for 16% of the total main business income. This year, China Unicom and China Telecom jointly planned the construction of 255g base stations. In the first half of the year, the two sides completed the construction of 150000 stations. Through co construction and sharing, the investment saved reached 40 billion yuan.