China Tower Maintains Its Fast Infrastructure Deployment Pace

 By John Celentano, Inside Towers Business Editor China Tower, based in Beijing, continues its large-scale growth at a very fast pace. Through the first half of 2021, the company reported that its base of towers grew to 2.035 million, adding a net 12,000 towers to the 2.023 million at the end of 2020.

Perhaps more significantly, in that same six-month period, the company claims it installed approximately 256,000 5G cell sites throughout the country. As of June 30, the total 5G installed base is an estimated 1,022,000 cell sites.

China Tower reported U.S.$ 6.6 billion* (CNY42.7 billion) in operating revenues for 1H21, up over 7 percent from $6.1 billion in the same period in 2020. EBITDA came in at $4.8 billion while operating cash flow was $3.7 billion and free cash flow was $2.1 billion.

The company says that through the first half of 2021, its new construction and upgrade activities were focused on its “One Core and Two Wings” strategy. Continue Reading