[China Mobile’s net profit decreased by 0.5% compared with the same period last year, but the company’s revenue and profit in the second quarter continued to improve compared with that in the first quarter, and there was also a significant improvement compared with the decrease of 14.6% in the same period of last year. ]< p > < p > on August 18, China Telecom announced the first half of 2020’s financial report, and the first half report of the three major communication operators was officially announced. In the face of difficulties in the growth of traditional business, operators are actively transforming, and the industrial Internet business oriented to government and enterprises has increased significantly. In the first half of 2019, the revenue of China Mobile, China Telecom and China Unicom decreased by 0.6%, 1.3% and 2.8% respectively. < / P > < p > despite the impact of the epidemic, the revenue of the three major operators increased in the first half of 2020. China Mobile ranked first with 389.863 billion yuan, followed by 193.803 billion yuan of China Telecom and 150.397 billion yuan of China Unicom. In terms of revenue growth, China Unicom had the highest growth rate, with a year-on-year increase of 3.8%, and China Mobile had the lowest growth rate. In terms of profitability, the net profits of China Mobile, China Telecom and China Unicom were 55.8 billion yuan, 13.9 billion yuan and 3.3 billion yuan respectively. Among them, China Mobile’s net profit decreased by 0.5% compared with the same period last year. However, the company’s revenue and profit in the second quarter continued to improve compared with that in the first quarter, and there was also a significant improvement compared with the 14.6% decline in the same period last year. In terms of 5g, according to the plan at the beginning of the year, 600000 5g base stations will be opened in China by the end of this year. Judging from the recent statements of the three major operators, the construction of 5g base stations will be accelerated and increased. At the financial report meeting last week, Yang Jie, chairman of China Mobile, said that considering market demand, construction cost and other factors, China Mobile basically maintained the capital expenditure plan at the beginning of the year, increasing the target of 5g new base stations from 250000 to 300000; by the end of the year, China mobile would provide commercial services in all cities above prefecture level, and promote the commercial use of SA core network within the year. < p > < p > on August 18, China Telecom also said at the financial report meeting that 5g base stations might be added. “Through the joint centralized purchase with China Unicom, 5g investment has saved some funds, so we will appropriately increase the construction of some base stations in the fourth quarter of this year according to the market situation and demand changes.” < p > < p > on July 23, at a press conference held by the office of the State Council for information and information technology, Wen Ku, director of the Department of information and communication development of the Ministry of industry and information technology, and a press spokesman said that in the first half of the year, 257000 new 5g base stations were built in China, and the average number of new base stations opened each week in recent years exceeded 15000. By the end of June, more than 400000 5g base stations have been built and opened by the three major telecom operators in China. On August 11, Tong Jilu, chairman of China Tower, said at the mid-term performance conference in 2020 that by the end of June this year, a total of 593000 5g infrastructure construction needs had been undertaken, “the operators hope to deliver 350000 by the end of June, and we have already delivered 380000 units.” < p > < p > the capital expenditure of telecom operators is the wind vane of the whole industry chain. In this year when 5g is deployed on a large scale, this indicator has attracted much attention. Previously, the Ministry of industry and information technology has repeatedly mentioned that it is necessary to speed up the pace of 5g construction, especially independent networking, and give full play to the positive role of 5g construction in “stabilizing investment” and driving the development of industrial chain. According to the plan, China Mobile’s capital expenditure this year is 179.8 billion yuan, and 5g investment is 100 billion yuan. At the mid-term performance meeting, China Mobile said that in the first half of this year, 5g related capital expenditure completed 55.2 billion yuan, and the annual plan was about 105 billion yuan. The total capital expenditure of China Unicom this year is 70 billion yuan, of which 35 billion yuan is invested in 5g. In the first half of this year, China Unicom’s 5g capital expenditure was 12.6 billion yuan. The company said it was upgrading its 5g network to sa to ensure commercial use in the fourth quarter of this year. The capital expenditure budget of China Telecom in 2020 is 85 billion yuan. Among them, 5g investment accounted for more than half, reaching 45.3 billion yuan. On August 17, Wang Zhiqin, vice president of China Academy of communications and communications, said at the press conference “lighting Shenzhen, 5g smart city”, 5g independent networking will be put into commercial use in September 2020. By the end of July, the number of 5g users in China exceeded 88 million, accounting for about 80% of the total number of 5g users in the world, ranking first in the world. < p > < p > following the co construction and sharing of 5g network by China Telecom and China Unicom, China Mobile also announced cooperation with China Radio and television on May 20. < / P > < p > according to the 5g cooperation framework agreement, both parties jointly determine the network construction plan, jointly invest in the construction of 700MHz 5g wireless network according to the ratio of 1:1, and jointly own and have the right to use the 700MHz 5g wireless G network. Before the commercial conditions are met, China Radio and television will pay to share China Mobile 2G / 4G / 5G network to provide services for its customers. < p > < p > for how to jointly invest in the construction of 700MHz 5g wireless network, Yang Jie told the first finance and economics reporter that at present, the details are being further discussed, “our preliminary assumption is that both sides will jointly determine the scheme, the specific construction and operation tasks will be undertaken by China Mobile, and some expenses will be shared by radio and television.” As for the scope of cooperation, Yang Jie said that the cooperation between the two sides is nationwide, and the effect in rural areas will be more obvious. “There is a unique spectrum advantage in 700MHz. I think it is beneficial to both of us and the whole industry.” Wang Xiaochu also said that he was actively striving for the three operators to jointly build and share 5g network in rural areas, “because there are few rural users and the traffic is not focused, the joint construction efficiency of the three companies is higher.” However, Yang Jie repeatedly stressed at the press conference that the cooperation with radio and television is still under discussion, “because this matter is very complicated, and the technology of the whole industry chain needs time to mature. Once determined, the specific plans and plans of both sides will be announced to you in a timely manner. ” As for the cooperation between China Unicom and Telecom, Wang Xiaochu disclosed details for the first time on August 12, saying that the co construction and sharing was first proposed by China Unicom. “At the beginning, China Telecom had some doubts, but in the cooperation in the second half of last year and the first half of this year, both sides have tasted the sweetness, so now there are no obstacles. Both sides have firm confidence to expand cooperation and achieve win-win results. ”< / P > < p > in the first half of this year, the two sides jointly built and shared about 150000 5g base stations. Up to now, China Unicom has a total of 210000 available 5g base stations, of which more than 100000 are self built, realizing continuous coverage in more than 50 key cities. At the same time, China Unicom has expanded co construction and sharing cooperation with China Telecom in 4G and other resource fields, so as to further improve the efficiency of resource utilization. Although 5g network construction has achieved rapid development, its contribution to the revenue of operators is limited. The emerging business development of the three operators has achieved initial results. At the “2019 China Mobile Global Partner Conference”, Yang Jie pointed out that the development orientation of China Mobile has changed greatly, mainly in two aspects: one is the transformation from communication service to communication and information service; the other is the market of customer service, from pure 2c to C (mobile market), H (family market), B (government enterprise market), n (emerging market) Field) change. The performance of China Mobile shows that in the first half of this year, the income share of households, government enterprises and emerging markets increased by 3.3 percentage points to 29.2% and the growth rate reached 15.0%. The proportion of non-traditional communication business revenue increased by 1.4 percentage points to 16.2%, and the growth rate reached 11.0%. In terms of smart home, the value-added business income reached 8.05 billion yuan, up 28.8% year-on-year; the government enterprise market has become the main driving force of China Mobile’s revenue increase. After the reform of the government enterprise system, China Mobile has formed a T-type structure and a “1 + 3 + 3” government enterprise system. 1. Set up the government enterprise business department, which is responsible for the overall command, resource scheduling and overall coordination of the group’s government and enterprise market. According to Yang Jie, the first three are three professional companies, namely the cloud capability Center (Suzhou R & D center), the Internet of things company and the soon to be established China mobile system integration company; the second three is three industrial research institutes, namely, Shanghai Industry Research Institute, Chengdu Industry Research Institute and xiong’an Industry Research Institute. “T-type is a vertically integrated government enterprise system formed by the group and provincial governments. Through such adjustment, resources are allocated efficiently and businesses are deeply integrated.” < / P > < p > before, the government and enterprise business of operators was mainly selling special lines. Nowadays, many employees have become business development personnel and negotiate various projects with enterprises in various industries. In the first half of this year, China Mobile’s dict revenue (including IDC, ICT, mobile cloud and other government and enterprise applications and information services) reached 20.9 billion yuan, up 55.3% year on year. Among them, mobile cloud revenue was 4.5 billion yuan, an increase of 556.4%. China Mobile is expected to enter the first camp of domestic cloud service providers by 2022. < p > < p > in the first half of this year, China Unicom’s industrial Internet business revenue increased by 36% year-on-year, reaching 22.7 billion yuan, accounting for 16% of the main business income. According to the financial report, China Unicom’s business income increased by 5.44 billion yuan over the same period last year, while the industrial Internet revenue increased by 5.95 billion yuan. In the case of negative growth of traditional telecom service income, industrial Internet has become an important driving force of revenue growth. China Unicom said that in the future, it will actively cultivate the application integration and innovation development of 5g + vertical industry. < p > < p > in the first half of the year, China Telecom achieved 42.9 billion yuan of industrial digital business revenue, with a year-on-year growth of 5.1%, leading in the scale of the three major operators. Among them, the revenue from cloud services reached 6.68 billion yuan, ranking the top three in the domestic public cloud market.