At the beginning of 2020, the sudden new crown pneumonia epidemic has had a huge impact on the economy and society, and has also brought many difficulties to the business development of the communications industry. After the epidemic dissipated in the second quarter, the communications industry actively resumed work and production, and finally caught up with the expected progress and achieved good results.
As the vane of the communications industry, the three major operators have recently released financial reports for the first half of the year. Compared with the same period last year, the main performance data such as revenue and profit of the three major operators are almost the same.
From the perspective of revenue data, the seats of the three major operators have not changed significantly. China Mobile is firmly in the first place, followed by China Telecom, and China Unicom is in third place. It is worth noting that in the first half of the year, the three operators’ revenues from non-personal markets, government and corporate affairs, and emerging businesses exceeded the 100 billion yuan mark and showed a trend of rapid development, becoming a new growth point for operators to maintain their performance. Among them, mobile cloud revenue increased by 556.4% in the first half of the year, China Unicom's industrial Internet business revenue increased by 36% year-on-year, and the telecom industry's digital revenue was RMB 42.9 billion, a year-on-year increase of 5.1%.
From the financial report for the first half of the year, it can be seen that under the pressure of traditional businesses such as the personal market that are gradually peaking, operators are actively planning digital transformation. With the help of new infrastructure construction booms represented by 5G, data centers, and industrial Internet, operators New development opportunities are ushering in.