China’s telecom revenue: +8.1% YoY from Jan-Nov 2021

With the caveat that you can’t trust any economic numbers reported by China’s government………….

China’s Ministry of Industry and Information Technology says that the country’s telecommunications industry registered robust growth in revenue in the first 11 months of this year, according to “official data.”

The combined industrial revenue rose 8.1% year on year (YoY) to over 1.35 trillion yuan (about 212 billion U.S. dollars) in the January-November period.

The growth was down 0.1 percentage points from the figure for the January-October period, the data showed.

By the end of November, China’s three state owned telecom giants — China Telecom, China Mobile and China Unicom — had over 1.64 billion mobile phone users, a net increase of 47.92 million users compared with the end of last year. The number of 5G mobile subscribers reached 497 million, up 298 million from the end of last year, according to the ministry.

A poster of commercial 5G applications shown outside a branch of China Telecom in Beijing.  Photo Credit: SHEN BOHAN/XINHUA

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China’s big three telecom companies also saw a steady increase in the number of fixed broadband internet users by the end of November, with subscribers rising by 51.85 million from the end of last year to stand at 535 million.

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As of 2021, China is the only country known to work towards a single-stack IPv6 network. The country announced plans in 2017 to lead globally in IPV6 adoption by 2025, and achieve full nationwide rollout by 2030. Experts believe that such a plan to widely adopt IPv6 for the country’s internet infrastructure, can help China to increase its leadership in 5G and Internet of Things (IoT) across multiple varying industries.

References:

http://www.china.org.cn/business/2021-12/26/content_77953625.htm

https://en.wikipedia.org/wiki/Telecommunications_industry_in_China

One thought on “China’s telecom revenue: +8.1% YoY from Jan-Nov 2021

  1. China’s government statistics are always fake and man-made for the last 72 years. For example, China’s 5G is indeed a hoax to fool the world.

    Most western countries admire 5G – not because it is a truly viable technology. They don’t realize it’s been influenced by economic and political forces.

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