0
Broadband

21Vianet revenues jump 27%, turns to net profit in Q3

Wednesday 25 November 2020 | 08:15 CET | News
Interactive webinar: Vodafone Ziggo deep dive. What is the strategy for the coming years? Where does it stand in relation to its competitors? Join us on January 21st 14:00 CET for a professional profile of VodafoneZiggo in 45 minutes. Register here ...
Chinese data centre operator 21Vianet posted revenues of CNY 1.25 billion (approximately USD 183.5 million) for the third quarter of 2020, which represents an increase of 27 percent year-on-year. Revenues rose 8.9 percent compared to the second quarter of 2020. The increase was mainly due to the growing demand of both wholesale and retail IDC customers, driven by the long-term trend of corporate digitization across China, 21Vianet said.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: 21Vianet Group
Countries: China
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

21Vianet board director resigns

Published 15 Dec 2020 07:08 CET | China
Chinese data centre operator 21Vianet has announced that Tao Zou has resigned from his position of member of the company's board ...

21Vianet reshuffles senior leadership team

Published 29 Oct 2020 08:40 CET | China
Chinese data centre operator 21Vianet's board of directors has approved several promotions to revamp the company's senior ...

Top 25 metro areas generated 65% of worldwide colocation revenues in Q2

Published 16 Sep 2020 13:53 CET | World
Washington, Tokyo, London, New York and Shanghai led the global retail and wholesale colocation market in the second quarter, ...

21Vianet prices follow-on offering of 17 mln ADS at USD 20.75 per share

Published 26 Aug 2020 13:33 CET | China
Chinese data centre operator 21Vianet has announced the pricing of its follow-on offering of 17 million American depositary ...

21Vianet launches follow-on offering of 17 mln American depositary shares

Published 25 Aug 2020 09:13 CET | China
Chinese data centre operator 21Vianet has announced plans to offer and sell 17 million American depositary shares (ADSs), each ...





Calendar   /   Industry Events

19 Jan Netflix Q4 2020
19 Jan Telefonica Germany Strategy Update
21 Jan Intel Q4 2020
21 Jan Modern Times Group EGM
25 Jan Edgeware EGM
25 Jan The Things Conference 2021
26 Jan F5 Networks fiscal Q1
26 Jan Microsoft fiscal Q2
26 Jan Verizon Communications Q4 2020
26 Jan Meetup MENA
::: More Calendar Items