China Tower net profit up 16.1% year-on-year China Tower business in the first half of the year was positively impacted by the accelerated deployment of 5G sites across the Asian nation, the company said in its earnings release. During H1 2021, the company’s net profit grew 16.1% year-on-year to CNY3.45 billion ($532.6 million) while operating revenue increased 7.2% to CNY42.67 billion. In the first half of 2021, China Tower said TSP (telecom service providers) business revenue amounted to CNY39.8 billion, an increase of 4.5% year-on-year, of which the tower business revenue accounted for CNY37.7 billion while the DAS business revenue…