China Unicom famous that its internet revenue for the primary half of the yr rose 5% year-on-year to CNY14.5 billion
In sum – what to know:
Revenue up on value management – Internet earnings rose 5% to CNY14.5 billion in H1 2025, supported by decrease finance bills and a 15% discount in capex.
Sturdy digital and cloud progress – Digital purposes income jumped 26% to CNY45.4 billion, whereas cloud gross sales elevated 18.6% to CNY37.6 billion.
5G and IoT enlargement – Community subscribers reached 213.5 million, non-public 5G networks grew 64%, and IoT connections hit 685.1 million, with 5G-Superior dwell in additional than 330 cities.
China Unicom reported first-half 2025 revenue progress, helped by decrease finance bills and diminished capital spending.
In its earnings launch, the Chinese language provider famous that its internet revenue for the primary half of the yr rose 5% year-on-year to CNY14.5 billion ($2 billion), whereas whole income elevated 1.4% to CNY200.2 billion.
In the meantime, the telco’s capex in H1 declined by 15% to CNY20.2 billion, with full-year spending anticipated to fall 10% to CNY55 billion.
The telco’s computing and digital good purposes division noticed income surge 26% to CNY45.4 billion within the interval, whereas cloud gross sales climbed 18.6% to CNY37.6 billion. Worldwide enterprise income rose 11% to CNY6.8 billion. Cellular income elevated 1.5% to CNY178.4 billion, and telecom product gross sales had been regular at CNY21.8 billion.
China Unicom’s 5G community subscriber base — counted as prospects with each a 5G plan and suitable system — elevated by practically 10 million in Q2 to succeed in 213.5 million at end-June. In Q2 2024, the telco had reported 276.2 million 5G package deal subscribers below its earlier counting technique.
In the meantime, digital 5G non-public community prospects surged 64.4% year-on-year to 19,754, whereas the operator now helps 7,500 5G-enabled factories. IoT connections grew 22% to 685.1 million. China Unicom additionally mentioned its 5G-Superior community now covers greater than 330 cities throughout the nation.
Chen Zhongyue, chairman of China Unicom, mentioned: “2025 is a pivotal yr for synthetic intelligence, marking its transition from idea to observe, and an important juncture for the large-scale implementation of its purposes to yield tangible outcomes. The corporate will deeply implement the built-in innovation technique, constantly deepen the ‘three integrations’ between computing energy and community, between knowledge and AI, and between digital and actual economies, and constantly advance ‘the three improvements’ of community, know-how, and repair, striving to create larger worth for shareholders, prospects, and society.”
