China's three major telecom operators have all announced their 2023 results as of this week. China Mobile's annual operating revenue reached 1,009.3 billion yuan, a year-on-year increase of 7.7%.
China Telecom's industrial digital business revenue will reach 138.9 billion yuan in 2023. The scale of intelligent computing power will reach 10.1 EFLOPS (FLOPS means floating point execution per second) In 2024, operators will increase investment in emerging businesses such as computing infrastructure and digital transformation.