The hottest China Unicom announced its 2020 interi

2022-07-23
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On August 12, China Unicom released the performance report of listed companies for the first half of 2020

in the first half of 2020, in the face of the sudden outbreak of novel coronavirus, the company actively responded to the challenge, accurately prevented and controlled the epidemic, accelerated the comprehensive digital transformation, innovated the communication supply, and took the initiative to turn the crisis into an opportunity. At the same time, the company continued to deepen the implementation of the focus, innovation, and cooperation strategy. Focusing on the construction of the five new Unicom, the company deepened the reform of mixed ownership, continued to improve its business development, and achieved remarkable results in improving quality and efficiency, The company has taken solid steps towards high-quality development

in the first half of 2020, China Unicom A-share company achieved a main business income of RMB 138.3 billion, a year-on-year increase of 4.0%, higher than the industry average of 3.2%, and the development speed is leading in the industry. Cost effectiveness was continuously optimized and profitability was further enhanced. The net profit attributable to the parent company reached RMB 3.3 billion, a year-on-year increase of 10.9%. EBITDA reached RMB 49.4 billion. The company adheres to focus, open cooperation, and successfully implements 5g Network Co Construction and sharing to achieve resource conservation and win-win cooperation. Capital expenditure in the first half of the year was 25.8 billion yuan, which continued to be effectively controlled

wangxiaochu, chairman of China Unicom, said: looking forward to the future, the massive demand for intelligent and digital transformation in all walks of life will bring great potential to the development of the enterprise. The company will continue to deepen the focus on innovation and cooperation strategy, grasp the exclusive historical opportunity of overall mixed reform, change new efficiency, new vitality and new advantages, and release the maximum reform dividend. Give full play to the advantages of differentiation, solidly promote the transformation and improvement of business, channel, network, it support and resource allocation, promote the modernization of governance with comprehensive digitalization, and strive to achieve the high-quality and healthy development of China Unicom

continue to promote the adjustment of business strategy, and the value management of mobile business has achieved initial results.

in the first half of 2020, facing the new challenges of industry development, the company has actively adjusted the development strategy of mobile business based on value management since the second half of last year. Adhere to self-discipline, rational and standardized competition, strictly control user development costs and improve user development quality. Leverage content, equity and financial instruments to enhance product value and vigorously enhance pan integration penetration. Segment the market, make use of big data analysis to empower, conduct accurate marketing and do a good job in stock operation. Give full play to the advantages of IT system in the collection, promote online and offline integration, and enhance marketing efficiency through all channel collaboration

thanks to the active and effective adjustment of mobile business development strategy, the quality of mobile business development of the company has gradually improved. In the second quarter, mobile user ARPU and mobile main business income have both stopped falling and rebounded month on month. In June and July this year, they further stopped falling and rebounded year on year. In the first half of the year, mobile's main business revenue decreased by 2.8% year-on-year, significantly narrower than that of 2019; The total number of mobile billing users reached 310million; ARPU of mobile users increased by 0.2% year-on-year. The overall marketing expenses of the company have decreased significantly, especially the user development cost, which has helped to continuously improve the profitability

giving full play to its unique competitive advantages, 5g business had a good start

in the first half of the year, the company made an orderly layout to promote the development of 5g business. Face the public market, ensure the user experience and value improvement, cooperate with the progress of 5g network construction and supply, and promote 5g package service in a rhythmic and targeted manner. Create an open platform for 5g capability aggregation, and introduce hd/4k/8k video, ar/vr, cloud games and other characteristic services. Deeply promote industrial cooperation, create a 5g pan intelligent terminal ecology integrating terminal + content + application, and enable consumption interconnection. Facing the government and enterprise market, the company focused on industrial interconnection, smart city, medical health and other fields, created several 5g lighthouse projects, and successfully realized the commercialization of 5g applications. Accelerate the incubation of industry products, make China Unicom 5g application innovation alliance, actively promote the construction and prosperity of industry ecology, and help the future innovation growth

innovation, transformation and upgrading accelerated to promote the rapid growth of solid business.

in the first half of the year, the national new infrastructure strategy and epidemic situation further accelerated the needs of economic and social digitalization, networking and intelligent transformation. The company seizes the opportunity, focuses on key areas such as smart city, digital government, smart health care and industrial interconnection, seizes the beach layout and actively creates leading advantages. We should cultivate independent capabilities, focus on capacity platformization, product standardization, intensive research and development, and independent integrated delivery, accelerate the construction of independent capabilities and the promotion of self-developed products, and enable the digital transformation of government and enterprise customers. Promote the integrated development of innovative business and basic business with cloud ++ smart applications to enhance business value. At the same time, the company has gathered the advantages of war investment partners, continued to carry out in-depth cooperation in key areas such as 5g, cloud computing, big data, IOT, artificial intelligence, network security, and continuously enhanced the motivation for innovation and development. In the first half of the year, the revenue of industrial interconnection business increased by 36% year-on-year, reaching 2.7 billion yuan, accounting for 16% of the overall main business revenue. Driven by the good growth of innovative business and fixed broadband business, the company's fixed main business income reached RMB 60.6 billion, with a year-on-year increase of 14% in the anti pendulum impact test

focus on the home market broadband business to achieve rapid growth

in the first half of the year, the company adhered to rational and standardized competition, actively gave full play to the comprehensive advantages of high broadband speed, rich content and excellent service, and launched 3000 Gigabit convergence products (Gigabit 5g, Gigabit broadband and Gigabit wi FI) in leading regions in the north and key cities in the South; Focus on the home Internet market, accelerate the promotion of smart home series products, and promote the common growth of broadband access services and other services. In the first half of the year, the company's fixed broadband access revenue increased by 5.9% year-on-year, reaching 21.9 billion yuan. The number of fixed broadband users increased by 2.4 million, reaching 85.88 million

5g Network Co Construction and sharing was smoothly promoted to effectively improve competitiveness and value

in the first half of 2020, the company adhered to focus, highlighted key points, and worked closely with Chinatelecom to promote 5g Network Co Construction and sharing from import to production, successfully doubled the pace and capacity of 5g network construction, and the scale, coverage and quality of 5g network were basically the same as those of leading operators. In the first half of the year, the two sides jointly built and shared about 150000 5g base stations. Up to now, the company has accumulated about 210000 available 5g base stations, of which more than 100000 have been built by the company to achieve continuous coverage in more than 50 key cities with different models of tensile testing machines for different materials. At the same time, the company has expanded co construction and sharing cooperation with Chinatelecom in 4G and other resource areas to further improve resource utilization efficiency

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