China Telecom last year net earnings 17.5 billion this year TD, FDD will be built together

China Telecom has handed in a good report card. China Telecom announced the 2013 annual report, the total operating income of 321.584 billion yuan last year, an increase of 13.6%, net profit of 17.545 billion yuan, an increase of 17.4% year-on-year, profitability significantly enhanced.

However, China Mobile and Unicom have now launched the 4G business, the current China Telecom is only launched LTE network data card business, which makes China Telecom feel no small pressure.

According to Caixin News, China Telecom chairman Wang said that if the Fdd-lte licence was issued this year, capital expenditure would be increased by 20 billion yuan, but the overall capital expenditure will not exceed 100 billion yuan, in 4G network construction, China Telecom insists on LTE and fdd-lte two kinds of standard together construction.

New business exerting force to increase net profit

China Telecom reported earnings of 2013 operating income of 321.584 billion yuan. Among them, mobile revenue amounted to 151.186 billion yuan, up from 2012 to 28.3%, accounting for close to 50%, fixed network business income of 170.398 billion yuan, compared to 2012 growth of 3.1%. Mobile data flow, Internet applications, information applications and other emerging businesses overall growth rate of nearly 30%, revenue accounted for close to One-fourth.

Earnings data show that 2013 China Telecom 3G mobile subscribers per month to reach 190MB, up 42% year-on-year increase in mobile internet revenue 88%. In the Internet application and industry application products, the wing payment business 2013 turnover reached 133.1 billion yuan, an increase of 226%; with NetEase company launched the letter of business, currently registered users close to 60 million households.

Earlier this year, China Telecom issued a comprehensive platform, with a large number of external enterprises docking, including intelligent speed up, withholding payments, network communications, positioning capabilities, identity authentication, flow cooperation.

Liang, an independent telecoms analyst, said in an interview with the Daily economic news that the three major operators are currently doing new business layouts, such as content applications, car networking, logistics networks, telemedicine and remote monitoring, and China Telecom's drive is relatively large, with the other two distinct.

Actively prepare for FDD

In January this year, China Telecom only 30,000 new users, the February rally reached 800,000, but China Mobile after the release of 4G, December 2013 and January 2014 respectively new 3G users 10.5 million, 14.24 million. Such a disparity in data comparisons, let China Telecom pressure Alexander.

China Mobile and Unicom have already launched 4G business, but China Telecom is only launching 4G data card business. However, the news that China Telecom plans to launch a 4G mobile communications business this week. China Telecom is also actively preparing for fdd-lte. In the 2013 earnings, China Telecom said it was actively applying for Fdd-lte business license.

Wang said that China Telecom's capital expenditure for this year was $80.3 billion, with capital expenditure of $42.3 billion for mobile operations, and if FDD licences were approved, total capital expenditure would be increased by about $20 billion, but not more than $100 billion. In other words, China Telecom has reserved 20 billion yuan investment plan for fdd-lte construction this year.

Public data show that China Unicom plans to invest 80 billion yuan this year, while the Chinese mobile is not less than 100 billion yuan. Liang that, from the scale of investment, China Telecom is not conservative, but income.