China Unicom(SH:600050) 智通财经网·2025-10-22 12:02Core Insights - China Unicom reported a revenue of 292.985 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 1% [1] - The net profit attributable to shareholders reached 8.772 billion yuan, up 5.2% year-on-year, while the net profit excluding non-recurring items was 7.623 billion yuan, reflecting a 10.9% increase [1] - The basic earnings per share stood at 0.281 yuan [1] Group 1: Business Performance - The mobile user base expanded to 356 million, with a net increase of 12.48 million users, while fixed broadband users reached 129 million, adding 6.79 million users [1] - The number of IoT connections surpassed 700 million, indicating a strong growth in connectivity [1] - The ARPU for bundled service users remained above 100 yuan, showcasing the value of user scale expansion [1] Group 2: Technological Advancements - The cloud revenue reached 52.9 billion yuan, with data center revenue increasing by 8.9% year-on-year to 21.4 billion yuan [1] - The company is enhancing its capabilities in computing power, achieving a total scale of over 35 EFLOPS [2] - Investments in R&D increased by 5.9% year-on-year, focusing on next-generation internet, big data, AI, and other key technologies [2] Group 3: Network Development - The company is committed to high-standard construction and efficient operations, significantly improving network capabilities [2] - The mobile network is being upgraded from 5G to 5G-A, and broadband from gigabit to 10-gigabit, enhancing user experience [2] - The company has received a license for satellite mobile communication services, indicating a strategic move into advanced technologies [2]