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China United Network Communications Co., Ltd. operating data announcement for October 2024
China United Network Communications (600050.SH): As of October 2024, the number of 5G package users has reached a total of 287.624 million.
Gelonghui, November 22 - China United Network Communications (600050.SH) announced the operation data for October. As of October 2024, the cumulative number of "big connection" users reached 1,117.912 million, the cumulative number of 5G package users reached 287.624 million, and the cumulative number of internet of things terminal connections reached 605.051 million.
Express News | China Unicom Says Oct Aggregate Number of 5G Package Subscribers 287.6 Mln
Private Companies Are China United Network Communications Limited's (SHSE:600050) Biggest Owners and Were Rewarded After Market Cap Rose by CN¥12b Last Week
Hong Kong stock movement | china united network communications (00762) rose nearly 6% in the afternoon, leading the three major operators. Research on 6G technology standards will commence in June next year.
The three major telecom operators surged in the afternoon. As of the time of publication, china united network communications (00762) rose by 5.86% to HKD 6.87; china telecom (00728) increased by 2.99% to HKD 4.48; and china mobile (00941) went up by 1.94% to HKD 71.
Tianfeng: New AI momentum drives industry growth acceleration, bullish on the communication industry to continue high prosperity and accelerate growth each quarter.
In terms of net income, the overall net income of communications equipment in Q3 2024 increased by 18% year-on-year, a significant reversal compared to the -16% in Q3 2023, reflecting a rapid recovery in industry profitability amid the transition between old and new driving forces.
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