Boosted by the official launch of the "counting from the east to the west" project, on February 21, the concept of computing power and the data center sector in the A-share market staged a trading tide. However, "the excitement is theirs". Compared with the excitement of the concept stock of "East digital West computing", the three major telecom operators who also set foot in the data center business and provide the network foundation for "East digital West computing" have a flat performance in the secondary market.
On February 21, China Mobile A shares opened higher and continued to fluctuate at a high level. As of the closing, they were reported at 63.53 yuan / share, up slightly by 1.16%. Over the same period, China United Network Communications Limited(600050) opened low and went high. As of the closing, it was reported at 3.97 yuan / share, up slightly by 0.25%; China Telecom Corporation Limited(601728) closed at 4.19 yuan / share, down 1.64%.
"The three operators have a large sector, so the fluctuation is limited. In addition, the revenue brought by IDC business accounts for a relatively small proportion in the total revenue of operators." "But in the long run, with the gradual inclination of the policy, the three operators are expected to obtain more business increment, and the integration of IDC business and other self owned businesses of operators is also expected to bring new market space," Fu Liang, an analyst in the communication industry, told the Securities Daily
actively seize the beach and "count East and west"
In fact, the three major operators have some layout in the field of "counting from the east to the west". In January this year, China Mobile (Guangxi) data center phase I project was completed and put into operation. It is understood that the center is divided into two phases, with a total investment of 2.5 billion yuan, which can accommodate 15000 racks and 225000 servers. It will provide new momentum for building a digital silk road for ASEAN. In addition, Guangxi Mobile has built 30 data centers in the whole region, covering 14 districts and cities.
Liu Guiqing, deputy general manager of China Telecom Corporation Limited(601728) Group Co., Ltd., said that China Telecom Corporation Limited(601728) is the largest IDC service provider in China, with 794 data centers and 500000 racks. China Telecom Corporation Limited(601728) clarify the "2 + 4 + 31 + X" layout, in which 2 refers to the Inner Mongolia and Guizhou data center parks in the two hubs of Inner Mongolia and Guizhou, which are positioned as the bases for national data storage, backup and offline analysis; 4. It is the layout of the four hubs of Beijing Tianjin Hebei, Yangtze River Delta, Guangdong Hong Kong Macao Dawan district and Chengdu Chongqing. It is positioned as a business carrier with high real-time requirements such as video broadcasting and e-commerce for high-frequency access of high-density population in hot spots; 31 + X is the layout of 31 provinces (autonomous regions and municipalities directly under the central government) and X key cities, including two hubs in Gansu and Ningxia. It focuses on services with ultra-low delay, large bandwidth and massive connection, such as Internet of vehicles, automatic driving, UAV, industrial Internet and arvr.
According to Liu Guiqing, at present, China Telecom Corporation Limited(601728) has 400000 data center racks in the 2 + 4 area, accounting for 80% of all data centers in China Telecom Corporation Limited(601728) . In the next step, China Telecom Corporation Limited(601728) will further speed up the land acquisition and construction of the eight hub nodes, and it is expected to account for 85% at the end of the 14th five year plan. At the same time, we will further optimize the ratio between the East and the west, from the current 7:3 to 6:4 at the end of the 14th five year plan.
The relevant person in charge of China United Network Communications Limited(600050) told the reporter of Securities Daily that China United Network Communications Limited(600050) will speed up the new construction and expansion projects of four national East digital hub node new data centers in Beijing Tianjin Hebei, Yangtze River Delta, Guangdong Hong Kong Macao Bay area and Chengdu Chongqing region to meet the needs of the implementation of national major regional development strategies.
At the same time, give play to the advantages of natural resources such as energy and climate, build four national western computing hub nodes in Mongolia, Guizhou, Gansu and Ningxia, improve the service quality and utilization efficiency of computing power, and build a national non real-time computing power guarantee base.
" China United Network Communications Limited(600050) is actively applying for and building relevant projects, and strive to set a benchmark for the effective implementation of the national 'counting from the east to the West' project." The person in charge of China United Network Communications Limited(600050) said.
Fu Liang told the reporter of Securities Daily that the western region has unique regional advantages due to large temperature difference, low energy consumption and low power cost. Therefore, "counting from the east to the west" can be regarded as the result of joint promotion of industries. In the future, the western region is expected to usher in more policy preferences, establish a better industrial environment, or gather more data storage and cloud computing needs to the western region.
data center operating costs are expected to decline
"Counting from the east to the west" is expected to bring benefits to the three operators at the performance level.
Liu Guiqing said that the construction of the national integrated big data center system will effectively make up for the shortage of resources in the East. At the same time, it will fully revitalize resources in the West and reduce operating costs. "For a long time, the energy consumption of the data center has remained high. Take China Telecom Corporation Limited(601728) as an example, the power consumption of the data center will reach 5.6 billion kwh in 2021, accounting for 20% of the total power consumption. The layout of the integrated big data center requires efficient coordination between the energy network and the computing network, which will reduce the operation cost to a certain extent."
Huang Han, CO chief analyst of Guosheng securities communications, told the Securities Daily that "counting from the east to the west" will promote the expansion of new data centers, which will make a positive contribution to the overall income of operators and significantly stimulate the traffic end of the whole network. In addition, the initial stage of "counting from the east to the west" may be carried out in the form of cooperation between local governments and operators, and the operators will deeply participate in it and fully benefit from it.
"We expect emerging businesses to account for more than 30% of operators' revenue on average in the future." Huang Han said that in the context of the overall digital transformation of operators, the proportion of emerging businesses such as cloud computing and the Internet of things will further increase. "Counting from the east to the west is a good foothold."
According to Wang Zhengnan, a senior observer in the telecom operator industry, "counting from the east to the west" means the beginning of a new round of communication infrastructure, which is a major positive for the communication field. "At the same time, behind the optimization and upgrading of computing power is the application of new technologies. With the iteration of new scenarios, the industries enabled by cloud number of operators will be more extensive."
It is worth noting that the income structure adjustment of the three operators will be a long-term process. "In the short term, traditional businesses will still contribute most of the revenue to the three major operators. The revenue pattern will not change for at least one or two years." Wang Zhengnan said.
In his view, the layout of the three major operators is of more significance. "With the gradual improvement of infrastructure, in the next three to five years, around the digital communication industry, the surrounding areas may establish a new industrial chain, so as to drive the overall economic development of the western region."
