Industry News

China Tower Is Valued at $47 Billion, Expected to Be Profitable in 2017

Views : 4493
Update time : 2016-10-17 09:07:27

According to a research of some securities company, China Tower is hot worldwide due to its stable cash flow generation and growth potential. China Tower has owned 1.6 million towers totally up till now, accounting for over 98% of the tower assets nationwide and 13 times more than those of world's second largest tower company, Indus which has 116,000 towers.

The huge scale of the enterprise has influenced the situation. In 2Q16, China Tower gains revenue of CNY 13.2 billion from tower rents and lost CNY 1.3 billion, resulting from the debt of CNY 150 billion. With the pricing of 2Q16 determined, the cash payment collection may be improved, and thus China Tower is estimated to gain profit at the end of 2016 or the beginning of 2017.

China Tower is not yet listed, and the research made an initial assessment of the company's market value - assume that the Tower Company is valued at about 1 times book value, adjust the valuation method from price-to-book ratio (PBR) to EV/EBITDA.

The research valued China Tower at about $ 47 billion.


Related News
Read More >>
Building a Digital Africa: Huawei to participate in AfricaCom 2024 Building a Digital Africa: Huawei to participate in AfricaCom 2024
Nov .15.2024
This article tells you : The 27th AfricaCom 2024 officially opened on November 11 at the Cape Town International Convention Center in South Africa. You can see Huawei MBBF Africa event site, Huawei Africa Broadband Forum event site and Huawei OTF Africa F
Comparing UY Connector and UY2 Connector Comparing UY Connector and UY2 Connector
Oct .31.2024
This article tells you what is the difference between "uy connnector " and "uy2 connector " ? what are they have in common and  You can consider your project requirements and installation scenarios to make the best decision!
Huawei discloses a quantum computing patent Huawei discloses a quantum computing patent
Oct .25.2024
This article tells you : Huawei discloses a quantum computing patent, "A quantum computing method, device, storage medium and chip system"
ZTE Corporation's Q3 Revenue Reaches 27.557 Billion Yuan ZTE Corporation's Q3 Revenue Reaches 27.557 Billion Yuan
Oct .23.2024
This news is a Industry new from TAEPO regarding ZTE:ZTE Corporation's Q3 Revenue Reaches 27.557 Billion Yuan
t