孟树森早年曾在北京市电信公司（后来逐步演变成北京网通、北京联通，不是现在的中国电信北京公 司）任职过，曾在此历任技术部副经理、营销策划部总经理等职。后在2004年，她调到中国网通集团公 司任职，先后担任大客户事业部副总经理、董事会秘书局副主任等职务。 在2009年左右，中国网络通信集团与中国联合通信有限公司合并重组为中国联通集团。孟树森也由此转 入中国联通集团任国际业务部副总经理，并于2017年晋升为中国联通国际公司的董事长兼总裁。 据天眼查显示，中国联通国际有限公司于2015年成立，是联通集团旗下的全资子公司。孟树森掌管该公 司的时间近八年，带领公司取得了辉煌的业绩，在集团内排名靠前的。 从孟树森的过往经历就可以看出，她的资历很深，拥有丰富的行业经验。而今，孟树森的职务发生变 动，她转任联通集团企业发展部的总经理，也是对她的肯定。在此之前，该集团企业发展部的总经理是 刘志坚。 运营商财经网 赵鑫雨/文 近日，运营商财经网独家获悉，中国联通系统内多位二级干部职务发生调整。其中，中国联通国际公司 董事长孟树森的职务将发生变化，她将回归集团出任企业发展部的总经理。 公开资料显示，孟树森今年53岁，她毕业于北京邮电 ...

你有没有想过，未来的移动网络能像 "预知未来" 一样提前感知用户需求？在今年的 ACM KDD 2025 大会上，清华大学电子系团队联合中国移动发布了 UoMo，全 球首个面向移动网络的通用流量预测模型。UoMo 能同时胜任短期预测、长期预测，甚至在没有历史数据的情况下生成全新区域的流量分布。它结合了前沿的扩散 模型与 Transformer 结构，还能理解城市中的地理信息与人流变化，把网络规划和优化做得更聪明、更精准。 标题：UoMo: A Universal Model of Mobile Traffic Forecasting for Wireless Network Optimization 为什么要做 UoMo 作者：Haoye Chai（柴浩野）， Shiyuan Zhang（张诗源），Xiaoqian Qi（齐效乾），Baohua Qiu（邱宝华），Yong Li（李勇） 机构：清华大学，中国移动 论文链接：https://dl.acm.org/doi/10.1145/3711896.3737272 数据及代码链接：https://github.com/tsinghua-fib-lab/UoMo ...

高盛发表研究报告指，中国电信第二季EBITDA及净利润均超出预期，分别按年增长5.2%及7.1%，受资 本开支下降推动，自由现金流增长14%。高盛指，在行业竞争及宏观挑战下，中国电信的EBITDA、自 由现金流及利润增长均领先于同业，相信是有效的成本控制推动EBITDA利润率扩张。高盛将其2025至 2027年EBITDA预测上调1%、1.5%及1.7%，目标价由6.7港元上调至7.2港元，维持"买入"评级。 ...

高盛发表研究报告指，中国电信第二季EBITDA及净利润均超出预期，分别按年增长5.2%及7.1%，受资 本开支下降推动，自由现金流增长14%。高盛指，在行业竞争及宏观挑战下，中国电信的EBITDA、自 由现金流及利润增长均领先于同业，相信是有效的成本控制推动EBITDA利润率扩张。高盛将其2025至 2027年EBITDA预测上调1%、1.5%及1.7%，目标价由6.7港元上调至7.2港元，维持"买入"评级。 ...

长江商报消息 ●长江商报记者 黄聪 深入推进AI技术赋能，中国电信（601728.SH）业绩保持稳定增长。 8月15日，中国电信发布2025年半年度报告，公司上半年实现营业收入2694.22亿元、净利润230.17亿元，双双创下 历史新高。 其中，中国电信上半年战略新兴重点产品收入保持较快增长，天翼云收入达到573亿元；智能收入达到63亿元，同 比增长89.4%。 中国电信介绍，2025年上半年，公司深入推进AI技术赋能，围绕21个重点领域，打造160余个AI应用，有力促进 企业降本提质增效。 中国电信执行董事、董事长兼首席执行官柯瑞文在2025年中期业绩会上表示，公司深入推进"AI+"行动，累计打 造出80多个行业大模型和30多个智能体应用，赋能行业客户超2万家。 柯瑞文还表示，中国电信将维持全年836亿元资本开支的预算，根据发展情况动态地进行投资活动。 其中，2025年上半年，中国电信的移动通信服务收入达到1066亿元，同比增长1.3%；固网及智慧家庭服务收入达 641亿元，同比增长0.2%；移动用户达到4.33亿户，宽带用户达到1.99亿户，移动用户ARPU达到46.0元，宽带综合 ARPU达到48.3 ...

Core Viewpoint - The event of the 2025 Chulu Chuan Grassland Half Marathon in Hohhot not only serves as a sports challenge but also showcases the beautiful grassland scenery and unique regional culture of Inner Mongolia, with significant participation from over ten thousand runners nationwide [5]. Group 1: Event Overview - The 2025 Chulu Chuan Grassland Half Marathon took place on August 17, attracting over 10,000 participants from across the country [5]. - The event is positioned as a platform for promoting health and self-challenge while highlighting the natural beauty and cultural heritage of Inner Mongolia [5]. Group 2: Company Involvement - China Mobile Inner Mongolia Company acted as the official support operator for the event, demonstrating its commitment to social responsibility and local economic development [5]. - The company deployed emergency communication support vehicles and provided robust communication guarantees for the marathon [5]. - China Mobile Inner Mongolia Company introduced innovative service models, including a dedicated participation channel for "Global Communication" brand customers and opportunities for product experience through the China Mobile app [5]. Group 3: Future Plans - The company plans to deepen cooperation with various cultural and sports activities in the region, leveraging the "Global Communication·Mobile Love Home" upgrade plan to conduct diverse and rich benefit activities across the region [5]. - Continuous improvement of network quality and services is a priority for the company as it engages in community-oriented initiatives [5].

Group 1 - The core viewpoint of the report is that China Unicom (600050.SH) is given a recommended rating due to its stable growth in operating performance and continuous optimization of its business structure [2] - The company has shown improvements in operational efficiency, leading to enhanced profitability [2] Group 2 - The report highlights the risk of intensified competition in traditional businesses, which may lead to a decline in user ARPU (Average Revenue Per User) [2] - There is a concern regarding potential overspending on capital expenditures related to 5G [2]

Investment Rating - The report maintains a "Recommended" rating for China Unicom (600050.SH) [3] Core Views - The company demonstrated steady growth in operating performance, with revenue reaching 200.2 billion yuan in the first half of 2025, a year-on-year increase of 1.5%, and a net profit attributable to shareholders of 6.349 billion yuan, up 5.1% year-on-year [1][2] - The business structure continues to optimize, with the connectivity communication segment generating 131.9 billion yuan in revenue, a 5.4% increase, accounting for 74.0% of total revenue [2] - The company has seen a significant increase in user scale, surpassing 1.2 billion connected users, with net additions of over 11 million mobile and broadband users, marking a record high for the same period in recent years [2] - The intelligent network segment generated 45.4 billion yuan in revenue, a 4.4% increase, contributing 25.5% to total revenue [2] - The company is enhancing its operational efficiency, with a net profit margin of 7.21%, an increase of 0.24 percentage points year-on-year [3] Summary by Sections Financial Performance - In the first half of 2025, the company achieved a revenue of 200.2 billion yuan, with a net profit of 6.349 billion yuan, and a non-recurring net profit of 5.580 billion yuan, reflecting growth rates of 1.5%, 5.1%, and 10.3% respectively [1] - The company’s capital expenditure decreased by 15% year-on-year to 20.2 billion yuan, with a projected annual capital expenditure of around 55 billion yuan [3] User Growth and Business Segmentation - The total number of connected users exceeded 1.2 billion, with a net increase of over 11 million users in mobile and broadband services [2] - The "dual-gigabit" user ratio reached 50%, and the penetration rate of integrated services exceeded 77% [2] Profitability and Efficiency - The company’s cost operation efficiency improved, with a decrease in network settlement expenses by 0.2% and depreciation and amortization by 4.8% [3] - The report forecasts net profits for 2025, 2026, and 2027 to be 10.1 billion yuan, 11.3 billion yuan, and 12.6 billion yuan respectively, with corresponding PE ratios of 17x, 15x, and 13x [3][5]

Core Insights - The A-share market is experiencing a significant increase in mid-term dividend announcements, with 100 companies declaring dividends totaling over 100 billion yuan for the first half of 2025 [3][5] - Major companies like China Mobile and China Telecom are proposing dividends exceeding 10 billion yuan, while other firms such as Ningde Times and Hikvision are also contributing substantial amounts [3] Group 1: Dividend Trends - The number of companies announcing mid-term dividend plans has significantly increased compared to previous years, indicating a heightened awareness of shareholder returns among listed companies [5] - Industry leaders are primarily responsible for the bulk of these dividends, supported by positive net profit growth in the first half of the year, which provides sufficient cash flow for dividends [5] Group 2: Economic Implications - Mid-term dividends not only serve as direct returns to shareholders but also reflect the stability and confidence of companies in their development [7] - The normalization of mid-term dividends encourages capital to flow towards companies with stable profits and ample cash flow, pressuring lower dividend-paying firms to improve their governance [7] - If dividend funds are reinvested in the secondary market, it could enhance market liquidity, creating a positive feedback loop [7]

Core Viewpoint - MTN Group anticipates a significant rebound in earnings for the six months ending June 30, 2025, driven by robust business execution, disciplined capital allocation, and improved macroeconomic conditions in key markets [1] Financial Performance - The company expects earnings per share (EPS) to increase by over 200%, recovering from a loss of 409 cents in the first half of 2024 to a range of 495 to 577 cents [1] - Overall headline earnings per share (HEPS) are projected to grow by more than 300%, rising from a loss of 256 cents in the first half of 2024 to between 614 and 666 cents [1] Market Performance - The anticipated recovery is primarily attributed to strong operational and financial performance in MTN's key markets, particularly Nigeria and Ghana, which reported significant growth in service revenue and profitability [1] - Despite challenges faced by MTN South Africa, especially in the prepaid segment, the company remains confident in the overall positive momentum across its broader market portfolio, contributing meaningfully to performance during this period [1] Economic Environment - The improvement in EPS and HEPS is also supported by a more stable inflation and foreign exchange environment across MTN's operations [1]