Mobile to raise capital expenditure ZTE Rose 4% High Innovation

Every reporter Hu Yuhui yesterday (March 16) Noon, the industry is concerned about the mobile 2010-year report published in the Hong Kong market. For a A-share communications equipment Company, the most concerned is the 2011 capital expenditure plan announced with the annual report. The company's capital expenditure plan reached $132.4 billion in 2011, not only to a significant 35% increase compared to the previous plan, but also to 2% per 98 billion from the peak of 2009, according to mobile data.　　More notably, the investment in infrastructure has increased significantly, with the proportion of total capital spending rising sharply from 44% last year to 53%, up 28% per cent in dollar terms.　　Stimulated by this good news, communications equipment leading ZTE (000063, closing price of 33.78 Yuan) yesterday Rose 4.23%, set a record record of 33.91 yuan (ex-reinstatement right). Mobile to raise capital expenditure in the midday movement of 16th disclosed 2010 years. As before, the performance notes will also be published, and the annual capital expenditure plan that attracts the industry's attention is included in the promotional material.　　"Daily economic news" reporters to the first time the material to a number of brokers and private-equity researchers, the reply was all "super expectations." Data from the mobile disclosure show that the company plans to implement capital expenditure of $132.4 billion throughout 2011. Although the earlier communications industry has "three major operators reported to the Ministry of Capital expenditure planning than 2010 years of significant growth" news, but the move this final data is still more than many people expected. Because according to the plan a year ago, mobile capital spending this year will slash 20% to 98 billion yuan on the basis of 2010, and 2012 will continue to reduce to 80.4 billion yuan!　　Investment from operators will be slashed, which is the main reason why capital markets saw weak telecommunications equipment stocks last year. 2009 because of the 3G network, the three major operators have made huge capital investment, communications equipment manufacturers also benefited from this round of telecom investment. In terms of mobile, the investment this year is more than 2009 years high value 2%, in addition, last year, the industry "telecom operators in the next few years to reduce investment" will be more than half of the doubts, mobile 2012 capital expenditure plan for 130.4 billion yuan, higher than the original scheme of 62.2%　　remained at a high level of $125.5 billion in 2013.　　Xiang Fortune Securities analyst Zhou Ming told the Daily Economic news reporter, as a wireless investment vane, mobile this capital expenditure plan to the 2011 domestic market, the impact of the Chinese Unicom and China Telecom will also note that the move to significantly increase capital expenditure. Good communication equipment Business Another notable point is that there has been a noticeable change in the structure of capital spending this year.　　Basic network construction in the total capital expenditure of the proportion, from 2010 of 44% to increase significantly to 53%, corresponding to the investment amount, it is from 54.692 billion yuan to 70.172 billion yuan, the year-on-year increase of 28.3%! andAt the same time, total capital expenditure grew by 6.5%.　　A private equity researcher in Shanghai told reporters that this shows that the focus of the 2011-year shift will tilt towards infrastructure, not just the traditional 2G network and the newly operating 3G network, and the WLAN and 4G network will have capital expenditure to follow. Although mobile does not disclose the investment planning of infrastructure network construction in detail, it emphasizes the development of WLAN and LTE. Mr Wang, mobile chairman, said at the end of last year that the fast-growing data business was putting pressure on the company's existing network, and that it was considering a LTE network ahead of 2011, coupled with an optimized upgrade of the original network, when China Mobile would simultaneously operate WLAN, GSM, TD-SCDMA, td- LTE four networks.　　The annual report also shows that about half of the 33.1 billion incremental revenue from the move last year came from data services. Mobile to raise capital expenditure, improve basic network construction ratio, will be directly positive for ZTE, Huawei as the representative of the communications equipment business. Yesterday, the market also gave a positive response. ZTE fell nearly 2% in the early afternoon, with capital coming in, the stock price pulled up sharply, the eventual rise of 4.23%;h shares, ZTE yesterday also rose 6.47%.