The infrastructure construction of 5G can be said to be a huge project, which consumes manpower and material resources. Otherwise, why would China Mobile use last year's full-year profit to invest in 5G? China Mobile's 2019 financial report shows that in 2019, China Mobile built a total of 50,000 5G base stations, with a corresponding 5G capital expenditure of 24 billion yuan; in 2020, China Mobile plans to build 250,000 new 5G base stations, and the corresponding 5G capital expenditure will reach 100 billion yuan. China Mobile's net profit in 2019 was 106.641 billion yuan, which means that in 2020, China Mobile will almost use its full-year net profit in 2019 to invest in 5G construction. As an operator, China Mobile has to invest first. Later, as more and more users are added, the cost will be lower and lower, and the profit will be higher and higher. It's a reasonable behavior, nothing to be surprised about.
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Recommended ReadingLatest update time:2024-11-15 08:01
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