The three major operators earned more than 400 million yuan a day in the first half of the year, without mentioning the impact of "speeding up and reducing fees"

BEIJING, Beijing, August 24 (Wu Tao) On the 23rd, China Telecom released its financial report for the first half of the year. So far, the results of the three major operators in the first half of the year have all been released. According to the performance reports of the three major operators, the net profit of the three major operators in the first half of the year was 73.674 billion yuan, with an average daily income of more than 400 million yuan.
The three major operators earn 404 million yuan a day.
China Mobile’s performance report shows that in the first half of 2016, China Mobile’s revenue was 370.4 billion yuan, a year-on-year increase of 7.1%; The net profit was 60.572 billion yuan, a year-on-year increase of 5.6%. China Unicom’s performance report shows that the revenue in the first half of the year was 140.255 billion yuan, down 3.1% year-on-year; Net profit was 1.429 billion yuan, down 79.6% year-on-year. China Telecom’s performance report shows that the revenue in the first half of the year was 176.828 billion yuan, a year-on-year increase of 7.2%; The net profit was 11.673 billion yuan, a year-on-year increase of 6.3%.
On the whole, the performance of the three major operators in the first half of the year was gratifying, and the revenues of China Mobile and China Telecom both increased by more than 7%. Although the net profit of China Unicom dropped by nearly 80%, compared with the second half of last year, it turned losses into profits — — In the second half of last year, China Unicom lost about 3.36 billion yuan (excluding the proceeds from the sale of iron towers).
After calculation, the net profit of the three major operators in the first half of the year was 73.674 billion yuan, with an average daily income of 404 million yuan. This figure is lower than 416 million yuan in the same period last year. However, it is worth noting that the profitability of the three major operators is increasing quarterly, because the daily profit of 404 million yuan is higher than the performance in the second half of last year, and it is also higher than the daily profit of the third largest operator of 320 million yuan in the first quarter of this year.

The financial reports of the three major operators did not mention the impact of "speeding up and reducing fees"
In the performance reports of the three major operators in the first half of the year, it is worth noting that none of them mentioned the impact of factors such as "speeding up and reducing fees" or "downward pressure on tariffs" on revenue. In the first quarter of this year, China Mobile’s performance report at that time also pointed out that considering the downward pressure on tariffs and the end-of-year hikes in terminal sales, the revenue growth rate faced great challenges throughout the year.
For the performance of the three major operators in the first half of this year, Ma Jihua, a well-known telecom analyst, said in an interview with Zhongxin.com that the performance of the three major operators was poor last year, mainly affected by "speeding up and reducing fees"; However, in the first half of this year, the pace of "speeding up and reducing fees" slowed down, and "speeding up and reducing fees" stimulated the consumption of user traffic, so the net profit gradually increased.

Analysis: Traffic revenue may increase at a high speed.
In the performance reports of the three major operators, the performance of traffic revenue is indeed "eye-catching". According to the performance report of China Mobile in the first half of the year, wireless Internet revenue has become its largest revenue source, with a year-on-year increase of 39.7%, accounting for 43.3% of communication revenue. China Unicom also mentioned that non-voice services accounted for 73.1% of service revenue, up 4.8 percentage points year-on-year. China Telecom’s mobile Internet revenue increased by 42% and mobile Internet traffic increased by 135%.
Fu Liang, an independent telecom analyst, told Zhongxin.com that "traffic management" will become the main business of the three major operators in the future, and it is not excluded that there will be multiple business models for "traffic management" after the follow-up. Ma Jihua said that the rapid growth of traffic usage and revenue will continue, and with the development of mobile games, live broadcasts and other industries, the traffic revenue of the three major operators may also explode. (End)