How Did Chinese Wireless Carriers Fare In April?

+30.92%
Upside
26.45
Market
34.63
Trefis
CHA: China Telecom logo
CHA
China Telecom

April proved to be a relatively strong month for the three Chinese wireless carriers, who together added about 7 million subscribers, marking a slight month-over-month improvement. While market leader China Mobile  (NYSE:CHL) led the industry with a total of 3.5 million net subscriber adds, its 4G adds slowed considerably to just 5.3 million. For perspective, the carrier added an average of 18 million 4G users each month, last year. China Telecom (NYSE:CHA), the smallest of the three carriers, posted a solid 2.5 million subscriber adds, driven by its improving 4G performance (20.7 million 4G adds/migrations). China Unicom (NYSE:CHU) continued to underperform its peers, adding just about 1 million subscribers, likely due to its weaker 4G footprint compared to smaller rival China Telecom (740k base stations for China Unicom versus 890k for Telecom as of December 2016).

See our complete analysis for China Mobile | China Unicom | China Telecom

China_Wireless_April_17

Relevant Articles
  1. Is The Market Undervaluing Chinese Telcos: A Comparison With Verizon & AT&T?
  2. How Are Regulatory Directives Hurting China Telecom’s Revenues?
  3. A Closer Look At China Telecom’s Key Revenue Streams
  4. How Has China Telecom’s Wireless Business Fared Versus Rivals?
  5. What To Expect As China Telecom Reports Q1 Results
  6. Key Takeaways From China Telecom’s 2018 Results

View Interactive Institutional Research (Powered by Trefis):

Global Large Cap U.S. Mid & Small Cap European Large & Mid Cap
More Trefis Research