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China Tower ends 2022 with 2.05 million telecom towers

March 6, 2023

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China Tower ended 2022 with a total of 2.05 million towers under management, after a new addition of 17,000 sites during the full year. In a release, the company said that total tower tenants rose by 102,000 in the year to 3.36 million, pushing the average number per tower from 1.62 as of the end of 2021 to 1.65 at end-2022.

The Chinese company also said it completed approximately 745,000 5G base stations during 2022.

China Tower’s net profit in 2022 climbed 19.9% year-on-year to CNY8.78 billion ($1.26 billion), while operating revenue grew 6.5% to CNY92.17 billion.

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