If the three major carriers thousands of billion-dollar investment can not be converted into income, business income of China's domestic telecommunications industry, a situation of high growth may be gone.
The Ministry of Industry and Information Technology (hereinafter referred to a letter the Department of Public) 1 27 in "2009 Industrial communications industry running," a press conference revealed that China's telecom industry revenue of 870.7 billion yuan, compared to 2008 increased only 4.1%, lower than the 2008 growth rate of 7%.
The impact of macro-economic slowdown in China's telecom industry, an important reason. China Mobile (000941.HK, hereinafter referred to as China Mobile) in the first quarter earnings, said slowing macro-economic development have a negative impact on the communications needs of the user signs of slower growth. The company's first quarter operating income increased by 9.2%, substantially lower than the 15.5% over the same period in 2008.
After several years of rapid growth, the telecom industry's revenue base has been a substantial increase than in the past, which is an objective reason for slowdown. Mobile communications services and the increasing popularity of broadband services, but also makes the telecom business revenue growth rate gradually slowed down.
The telecommunications industry revenue growth of ultra-low-speed situation lasted two quarters of 2009 in the first quarter and second quarter growth rate of the telecommunications industry were 1.9% and 2.7% respectively. 2009 third quarter and fourth quarter, benefiting from macroeconomic to pick up, growth in the telecommunications industry begins to rebound, respectively 5.2% and 6.5% respectively.
Chen Jinqiao telecommunications expert analysts believe that the economic crisis in the first half of 2009 under the influence of a significant curb consumer demand, particularly in the eastern coastal areas, leading to slower growth in the telecommunications industry in the first half. Second half of 2009, telecommunications revenue has been significantly better than in the first half, largely due to macro-economic improvement.
In addition, Mr Chen said, 3G and data services for the telecommunications industry as a whole drive can not be ignored. He said that with 3G and broadband Internet matures, there will continue to pull the industry produces. Same day, workers report the letter issued by the Ministry, to the end of 2009, the three operators 3G subscribers reached 13.25 million, of which China Mobile's TD total of 5.51 million users.
The fourth quarter of 2009, the telecommunications industry revenue growth has been close to 2008 the annual average growth rate. However, in 2010 the growth rate of the telecommunications industry, the outside world does not seem optimistic. The end of 2009, in the country's industrial and information technology work meeting, the Public Ministry a letter in 2010 growth target of 4.5%, slightly higher than the growth rate in 2009.
For the work mentioned in the letter the Department of goals, Chen Jinqiao analysis, "indicates that the overall situation is not optimistic", although the second half of 2009 the situation had turned for the better, but on the whole is not out of the economic downturn's impact in transition continues.
