Core Insights - The company reported a revenue of 250.9 billion RMB for Q3, a year-on-year increase of 2.5%, and a net profit attributable to shareholders of 31.12 billion RMB, up 1.4% year-on-year [2] - For the first three quarters of 2025, the company achieved a total revenue of 794.67 billion RMB, reflecting a slight growth of 0.41%, with a net profit of 115.35 billion RMB, which is a 4.03% increase year-on-year [3] Financial Performance - The total revenue for Q3 was 250.9 billion RMB, with a total profit of 39.7 billion RMB, and a net profit attributable to shareholders of 31.1 billion RMB [4] - The EBITDA for the first three quarters was 265.4 billion RMB, showing a year-on-year increase of 0.9%, with an EBITDA margin remaining stable at 33.4% [5] - The net cash flow from operating activities for the first three quarters was 161 billion RMB, a significant decline of 28.1% compared to the previous year [5] Customer Metrics - The total number of mobile customers reached 1.009 billion, with 622 million 5G customers, indicating a net increase of 23 million in the 5G segment [5][6] - The number of wired broadband customers reached 329 million, with a net increase of 14.2 million in the first three quarters [6] Business Segments - The company’s mobile ARPU decreased to 48.0 RMB per user per month, down 3% from the previous quarter, while mobile internet traffic increased to 1.343 billion GB [7] - The company is focusing on new growth areas, including DICT and AI, with international business revenue showing rapid growth [7]