Core Insights - The overall operation of the telecommunications industry in China remains stable, with steady growth in telecom business revenue, which reached 1.327 trillion yuan in the first three quarters, marking a year-on-year increase of 0.9% [1] - The growth in telecom business revenue is closely linked to the increase in telecom business volume, which saw a year-on-year growth of 9% when calculated at constant prices from the previous year [1] - The rapid development of 5G users is a significant highlight of the telecommunications industry in the first three quarters, with 5G mobile phone users reaching 1.167 billion, accounting for 63.9% of total mobile phone users [1][2] Industry Performance - As of the end of September, the total number of fixed internet broadband access users reached 695 million, with a net increase of 24.86 million users compared to the end of the previous year [1] - The number of fixed internet broadband access users with speeds of 100 Mbps and above reached 661 million, representing 95.2% of total users, while those with speeds of 1000 Mbps and above reached 235 million, a net increase of 28.39 million users [1] - The total number of 5G base stations reached 4.705 million, with a net increase of 455,000 stations, accounting for 36.6% of all mobile base stations [2] Regional Insights - The penetration rates for fixed broadband access users with speeds of 1000 Mbps and above in different regions are as follows: East 33.9%, Central 33.3%, West 35.8%, and Northeast 27.4%, with respective increases of 2.7, 2.1, 4.1, and 3.8 percentage points compared to the end of the previous year [2] - The penetration rates for 5G mobile phone users in various regions are: East 63.5%, Central 64.5%, West 63.8%, and Northeast 64.6%, with increases of 6.8, 7.3, 7.5, and 8.3 percentage points respectively [2] - Mobile internet access traffic in the first three quarters reached 120.65 billion GB in the East, 67.6 billion GB in the Central region, 82.01 billion GB in the West, and 17.16 billion GB in the Northeast, with year-on-year growth rates of 16.8%, 16.2%, 15.1%, and 25.3% respectively [2]