The Report is produced in Chinese only.
5G商用啟動,加速相關企業業績兌現 2019年中國國際信息通信展覽會開幕論壇上,證工信部副部長陳肇雄與中國電信、中國移動、中國聯通、中國鐵塔董事長共同啟動5G商用,宣告中國邁進5G商用時代。三大運營商均宣布首批在50個城市開通5G聯商用,推出的5G商用套餐分為多個檔位,包含的流量從30GB到300GB不等,起步價為128元左右,11月1日正式啟用。 從三大運營商發布的5G套餐情况來看,價格相差基本不大;相比4G時代,套餐價格大幅提升,並且顯著高于目前4G用戶月均ARPU值。5G正式商用後,CAPEX將持續增長,2020年運營商有望實現 60-80 萬站的 5G 基站建設規模,驅動產業鏈相關企業業績逐步兌現。另外,隨著 2020 年 SA 網絡建設的落地,傳輸網建設市場有望打開增長空間。我們看好相關通信設備器件公司業績持續增長,建議關注:中興通訊(763.HK)及昂納科技集團(877.HK)。 |
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