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野村:三大電信營運商已從疫情中復甦
格隆匯 01-26 12:31

野村發表研究報吿指,中國電信行業2020年的服務總收入按年升3.6%至1.36萬億元人民幣,移動服務收入按年跌0.4%至8890億元,固網電話服務收入在2020年按年增長12%。

野村指,中國移動(0941.HK)和中國電信(0728.HK)上月分別新增了1760萬及700萬個5G套餐用户,總計分別達到1.65億及8650萬,代表去年底5G滲透率分別達17.5%及24.6%。該行認為,在中國的數字化趨勢、強勁的5G用户增長和新興業務的強勁需求的幫助下,三家電信營運商已從疫情大流行的影響中恢復,料移動業務ARPU將逐步恢復。

野村重申中國移動目標價65港元,維持買入評級;又重申中國聯通(0762.HK)目標價6.5港元,評級買入;維持中國電信中性評級,目標價2.9港元。

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