China Tower ended the first half of the 2022 with a total of 2.05 million towers under management, after a new addition of 11,000 sites during the period.
In a release, the company said that total tower tenants rose by 42,000 to 3.30 million, pushing the average number per tower from 1.60 as of the end of 2021 to 1.62.
China Tower’s net profit in H1 climbed 22.2% year-on-year to CNY4.22 billion ($624 million), while operating revenue grew 6.6% to CNY45.47 billion.
