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An added value for China Tower – Mobile World Live

March 10, 2022
Source: newsus.app newsus.app
News Snapshot:
China Tower benefited from a resolution to provide added value from its tower assets domestically in 2021, recording an expansion in its smart tower and energy business. In a statement, President Zhang Zhiyong detailed ongoing plans to move from renting resources to offering virtual applications, adding tower tracking to increase margins. He said the new tracking unit grew and established its logo after creating a national platform and cooperating with industry partners. Net profit in 2021 increased 14 year-over-year to CNY 7. 3 billion ($1. 2 billion), with operating cash up to CNY 86. 6 billion. Smart tower profits increased...
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Tags: 5G | Airtel | applications | ASIA | Barcelona | Business | California | cash | China | China Tower | currency | editor | energy | expansion | GSM | GSM Association | GSMA | logo | Los Angeles | mobile | net profit | Renminbi | Shanghai | Yuan | ZTE

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