China Unicom said its service revenue is expected to be approximately RMB 200.013 billion or $28.85 billion, (+6.5 percent) in the first three quarters of 2018.
China Unicom’s Mobile service revenue is expected to be approximately RMB 125.424 billion (+7.2 percent).
China Unicom’s fixed-line service revenue is expected to be approximately RMB 73.223 billion (+5.2 percent).
China Unicom’s profit is expected to be approximately RMB 8.780 billion.
China Unicom said its mobile service revenue amounted to RMB 125,424 million, up by 7.2 percent year-on-year. Mobile billing subscribers registered a net addition of 25.66 million, reaching 310 million. 4G subscribers registered a net addition of 38.97 million, reaching 214 million.
Mobile billing subscriber ARPU of China Unicom declined year-on-year to RMB 46.8.
The number of fixed-line broadband subscribers reached 80.35 million, representing a net addition of 3.81 million.
China Unicom’s fixed-line broadband access revenue reached RMB 32,039 million, which was largely stable as compared to the same period last year, for the first three quarters of 2018.
China Unicom’s revenue from industrial Internet business amounted to RMB 17,249 million, up by 35.7 percent year-on-year, for the first three quarters of 2018.
China Unicom’s fixed-line service revenue reached RMB 73,223 million, up by 5.2 percent year-on-year, driven by the rapid growth of the innovative business. Overall service revenue amounted to RMB 200,013 million, up by 6.5 percent year-on-year.
