Ge Long Hui·2025-10-22 10:40Core Viewpoint - China Unicom reported a steady growth in its financial performance for the first three quarters of 2025, with notable increases in revenue and user base, indicating a positive trend in the telecommunications sector [1][2]. Financial Performance - Operating revenue reached RMB 293 billion, a year-on-year increase of 1.0% [1] - Service revenue amounted to RMB 261.6 billion, reflecting a 1.1% year-on-year growth [1] - Profit attributable to equity holders was RMB 20 billion, up by 5.1% year-on-year [1] User Growth - Mobile users increased to 356 million, with a net addition of 12.48 million users [1] - Fixed broadband users reached 129 million, adding 6.79 million users [1] - The number of IoT connections surpassed 700 million, showcasing significant growth in connected devices [1] Business Development - The company is focusing on integrating new business elements and expanding user value, with ARPU for bundled packages maintaining above RMB 100 [1] - Cloud revenue reached RMB 52.9 billion, indicating a breakthrough in computing power business [1] - Data center revenue was RMB 21.4 billion, showing an 8.9% year-on-year increase [1] Network Investment and Innovation - The company is enhancing network quality and efficiency through high-standard construction and operation [2] - Mobile network upgrades from 5G to 5G-A and broadband from gigabit to 10-gigabit have significantly improved user experience [2] - The total scale of intelligent computing has exceeded 35 EFLOPS, reflecting innovation in computing network supply [2]