China Mobile predicts that its revenue scale will exceed trillion yuan in 2023
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Yang Jie, Party Secretary and Chairman of China Mobile Communications Group Co., Ltd
Yang Jie, Party Secretary and Chairman of China Mobile Communications Group Co., Ltd., revealed at the main forum of the 2023 China Mobile Global Partner Conference that China Mobile expects the company's revenue scale to exceed trillion yuan in 2023.
In addition, Yang Jie pointed out that the current revenue share of China Mobile's voice and SMS services has decreased from 77% 10 years ago to 8.8% now, and the proportion of China Mobile's digital transformation revenue has increased to 29.4%.
According to the 2022 annual report data of China Mobile, the annual operating revenue of China Mobile in 2022 was RMB 937.3 billion, a year-on-year increase of 10.5%, with communication service revenue reaching RMB 812.1 billion, a year-on-year increase of 8.1%. Thanks to the rapid expansion of businesses such as 5G applications, mobile cloud, digital content, and smart homes, the revenue from digital transformation reached 207.6 billion yuan, a year-on-year increase of 30.3%. According to Yang Jie's prediction, China Mobile's total operating revenue will exceed trillion yuan for the first time by the end of 2023.
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