China's Three Main Telcos Add Just 1.1 Mln Mobile Subs in October 2019
Marbridge Consulting, 11/20/19
The listed arms of China's three main telecom operators have announced their subscriber totals for the month of October 2019, including a combined net addition of roughly 1.05 mln mobile subscribers in China to reach a combined mobile subscriber base of over 1.598 bln. The October figure is roughly 84% lower than the average monthly net addition of mobile subs in the preceding 12 months (i.e. October 2018 to September 2019), which was approximately 6.40 mln, and 86% lower than the October 2018 net addition of 7.45 mln.
During the month of October 2019, China's three main operators reported a combined net addition of 5.39 mln 4G subscribers (the majority of which were simply existing 2G or 3G subs who upgraded to 4G) to reach a total combined 4G subscriber base of approximately 1.279 bln. 4G penetration among mobile subscribers hit approximately 80.0%.
China Mobile
China Mobile (NYSE: CHL; 0941.HK) reported a net addition of 1.56 mln new mobile subscribers for the month of October 2019, pushing the telecom operator's total mobile user base to 943.59 mln. Of the total, 749.06 mln subscribers used its 4G network during the month. China Mobile saw a net gain of 2.08 mln 4G subs in October.
October marked the fifth month in 2019 during which China Mobile added fewer than 1.6 mln net new mobile subscribers, and dragged the operator's average net monthly add in the first 10 months of 2019 to 1.85 mln. In contrast, during the same 10-month period of 2018, China Mobile added an average of 3.22 mln net new mobile subs per month.
China Mobile added 1.91 mln new fixed-line broadband subscribers (registered accounts) in October, increasing its total fixed-line broadband user base to 186.96 mln.
China Telecom
China Telecom (NYSE: CHA; 0728.HK) saw a net increase of 2.10 mln mobile subscribers in October, raising its total to 332.53 mln, of which 278.07 mln were 4G terminal users, with a net increase of 2.70 mln 4G terminal users in October.
China Telecom lost 0.41 mln fixed-line telephone subs in October, reducing its total to 111.83 mln.
China Telecom gained 0.59 mln new fixed-line broadband subscribers (registered accounts) to reach 153.25 mln; if also including the fixed-line broadband subscribers of China Telecom's (i.e. China Telecom Corporation Limited's) parent company, China Telecommunications Corporation ("CTC"), as of the end of October 2019, the aggregate number of fixed-line broadband subscribers of China Telecom and CTC was 180 mln.
China Unicom
China Unicom (NYSE: CHU; 0762.HK; 600050.SH) reported a net loss of 2.61 mln mobile billing subscribers in October 2019, dropping its total mobile billing user base of 322.12 mln. Of the total, 251.75 mln were 4G subscribers, with a net addition of 0.61 mln LTE subs during the month.
October marked the sixth consecutive month in which Unicom posted a net addition of fewer than 200,000 mobile subs, following net additions of just 57,000, 24,000, 109,000, 184,000, and 83,000 in May, June, July, August, and September, respectively. In the first 10 months of 2019, the operator has added a net monthly average of just 0.71 mln new mobile subs, compared to a net monthly average of 2.73 mln during the same 10-month period of 2018.
China Unicom lost 0.02 mln fixed-line telephone subscribers in October, dropping its total to 54.23 mln.
The operator added 0.11 mln fixed-line broadband subscribers (registered accounts) in October, increasing its total to 84.55 mln.
User Base Market Share by Operator
China Mobile's share of the nation's total mobile subscriber base as of the end of October 2019 increased to 59.04%, compared to 58.98% at the end of September 2019 and 60.18% at the end of October 2018. China Telecom's share grew to 20.81%, up from 20.69% at the end of September 2019 and 19.43% at the end of October 2018, and China Unicom's share continued to slide to 20.15%, compared to 20.33% at the end of September 2019 and 20.39% at the end of October 2018.
Mobile Subscriber Stats for China's Three Main Carriers (Unit: Mln)
Operator | October 2019 Net Add | October 2019 Month-end Total | % of Combined Installed Sub Base | % of Combined Installed 4G Sub Base |
---|---|---|---|---|
China Mobile | 1.56 | 943.59 | 59.04% | |
4G Subs | 2.08 | 749.06 | 58.57% | |
China Telecom | 2.10 | 332.53 | 20.81% | |
4G Subs | 2.70 | 278.07 | 21.74% | |
China Unicom | -2.61 | 322.12 | 20.15% | |
4G Subs | 0.61 | 251.75 | 19.69% |
Keywords: wireless China Telecom China Mobile China Unicom fixed-line broadband penetration telecom 4G market share mobile subscribers broadband subscribers CHL 0728.HK 0762.HK 0941.HK 600050.SH CHA CHU fixed-line subscribers