China’s three major telecom operators have released 2017 interim results report on the first half of this year on August 23rd. They recorded an average daily net profit of about 429 million RMB ($64.3 million), which China Mobile accounted for 80% of them, Chinese media iFeng is reporting (in Chinese).

In terms of 4G development, China Mobile (中国移动) outshines the market in both the number of users and the net increase of the users. In the fixed-line broadband, China Telecom (中国电信) still triumphs over the two players, but China Mobile is growing its users base with fierce momentum.

In terms of net profit, China Mobile is far ahead of the others: China Mobile recorded a net profit of 62.7 billion RMB, an increase of 3.5%, 4 times bigger than the combined net profit of China Telecom and China Unicom (中国联通). China Mobile’s profitability is 5 times that of China Telecom and 26 times that of China Unicom. This means that China Mobile daily earn 348 million in less than a week, and what China Mobile earned in 7 days equals to what China Unicom earned in six months.

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Eva Yoo

Eva Yoo is Shanghai-based tech writer. Reach her at evayoo@technode.com