China Tower published an annual results announcement for the year ended Dec. 31, 2025, reporting revenue of RMB100.41 billion, up 2.7%. Profit attributable to owners rose 8.4% to RMB11.63 billion, while EBITDA was RMB65.81 billion. Smart Tower revenue increased 14.2% to RMB10.17 billion and indoor DAS revenue increased 9.5% to RMB9.23 billion. Net cash generated from operating activities increased 13.4% to RMB56.12 billion and free cash flow was RMB26.63 billion. The board recommended a final dividend of RMB0.32539 per share and said it will continue to pursue its “One Core and Two Wings” strategy, citing opportunities from expanded 5G coverage and progress toward “Dual Carbon” goals.

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