According to insider information, CHINA TELECOM's cloud base business has shown positive development in the first 10 months of this year, achieving double-digit growth. However, despite this overall progress, eight provincial branches still reported significant negative revenue growth.
The underperforming branches include Hainan Telecom, Liaoning Telecom, Tianjin Telecom, Tibet Telecom, and Henan Telecom, among others. These branches saw a year-on-year decline of over 10% in cloud base revenue, far below the group's average growth rate. Most of these branches are located in northern regions or are smaller-scale operations, presenting a concerning trend.
As a foundational platform for artificial intelligence, big data, and other emerging technologies, cloud infrastructure supports digital transformation across industries. Telecom operators leverage cloud platforms to deliver industry-specific solutions, transitioning from traditional communication services to digital services and creating new revenue streams. However, with the year nearing its end, these eight branches continue to lag significantly behind the group's average performance.
Industry experts note that negative growth in cloud base revenue indicates limitations in supporting government and enterprise business scenarios, failing to meet customer demands and weakening market competitiveness. This could further lead to declining revenue in government and enterprise sectors, creating a vicious cycle.
Comments