China Telecom Industry Development 2020

In 2020, the total revenue of telecom business reached 1.36 trillion yuan, an increase of 3.6% over the previous year, and the growth rate increased by 2.9 percentage points year on year. The revenue of fixed value-added telecom services, mainly IPTV, cloud computing and big data, increased by 26.9% over the previous year, with a year-on-year growth rate of 5.7 percentage points, accounting for 79.1% of the revenue growth, of which the revenue of cloud services increased by 85.8%. By the end of 2020, China’s mobile phone users reach 1.594 billion, with a penetration rate of 113.9 units per 100Read More →

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