The 5G network has entered a large-scale construction period, and the related industry chain is welcoming a good one.
After three consecutive years of declining capital expenditures for the three major carriers, they have finally picked up in the so-called “5G first year” in 2019. In 2020, the capital expenditures of the three major operators will further increase, of which 5G investment will increase significantly.
Recently, the three major operators have successively disclosed their 2019 performance reports. According to the report, In 2019, the capital expenditures of the three major operators reached 303 billion yuan, a year-on-year increase of 5.6%. The total capital expenditure budget for 2020 is 334.8 billion yuan, an increase of 11.65% year-on-year, and the total investment budget for 5G is as high as 180.3 billion yuan, which is more than half of the entire plate-compared with last year More than three times the increase.
Specifically, in 2019, China Unicom ’s capital expenditure was 56.4 billion yuan, of which 5G investment was about 7.9 billion yuan. In 2020, China Unicom expects capital expenditure of 70 billion yuan, of which 5G investment is about 35 billion yuan, a substantial increase of 3 43% year on year.
In 2019, China Telecom’s capital expenditure was 77.6 billion yuan, of which 5G investment was 9.3 billion yuan. In 2020, its capital expenditure budget is 85 billion yuan, an increase of 9.6% year-on-year, of which 5G investment plan is about 45.3 billion yuan, an increase of 387% year-on-year.
In 2019, China Mobile’s capital expenditure in 2019 will be 165.9 billion yuan, of which 5G investment will be 24 billion yuan. In 2020, its capital expenditure budget will rise by 8.38% year-on-year to reach 199.8 billion yuan, and its 5G investment plan will be about 100 billion yuan, a year-on-year increase of 317%.
Earlier, China Tower also announced that the capital expenditure budget for 2020 was 28 billion yuan, and 5G investment was about 17 billion yuan, accounting for more than half. Together with the iron tower, China’s basic operator companies’ 5G investment in 2020 will be close to 200 billion yuan, and 5G will enter a large-scale construction period.
The adjustment of the operator ’s capital expenditure is not only instructive to the entire telecommunications industry chain, but also has a huge boost to the national economy.
On March 13th, the National Development and Reform Commission and other 23 departments jointly issued the “Implementation Opinions on Promoting Consumption Expansion and Quality Enhancement and Accelerating the Formation of a Strong Domestic Market,” which called for accelerating the construction and commercialization of information infrastructure such as 5G networks.
Tianfeng Securities reports that 5G is of great significance for stimulating the economy. On the one hand, it will act as a “new technology infrastructure” to play a direct role in “stabilizing investment”. On the other hand, 5G will With verticalThe close integration of the industry has spawned a large number of new 5G applications, indirectly driving greater demand for information consumption. Under the influence of the epidemic, relevant departments and operators are expected to issue guidance policies and landing plans one after another. The progress of the 5G industry chain is expected to exceed expectations throughout the year, and 5G applications are expected to usher in new opportunities for development with policy support.
On March 24th, the Ministry of Industry and Information Technology issued the “Notice on Promoting the Accelerated Development of 5G”, which clearly proposed to accelerate the construction and deployment of 5G networks, enrich the application scenarios of 5G technologies, continue to strengthen the research and development of 5G technologies, focus on building a 5G security guarantee system, and strengthen Organize and implement 18 measures including five aspects.
According to the plan, the three major operators will open 600,000 5G base stations by the end of this year, of which of which China Mobile owns half of the 300,000 5G base stations. China Telecom stated that it will work with China Unicom to complete the construction and sharing of 250,000 new 5G base stations in the third quarter, and China Telecom will build 140,000 5G base stations.
Head picture from China Telecom’s official website