1. SWOT锟斤拷锟斤拷

    1.1 锟斤拷锟斤拷
锟斤拷锟斤拷锟斤拷然锟斤拷锟斤拷锟斤拷锟斤拷锟?GDP锟斤拷锟劫筹拷锟斤拷锟斤拷锟节碉拷位锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷司锟?GDP锟斤拷锟斤拷庭锟斤拷支锟斤拷锟斤拷锟斤拷水平锟斤拷欧锟睫碉拷锟斤拷锟斤拷锟节较革拷水平锟斤拷锟揭硷拷庭债锟斤拷锟斤拷越系汀锟?
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷贫锟酵?锟脚诧拷锟脚凤拷展强锟斤拷锟斤拷锟斤拷欧锟睫碉拷锟斤拷锟街伙拷锟秸硷拷锟斤拷锟斤拷叩墓锟斤拷锟街?一锟斤拷目前锟矫伙拷锟斤拷目锟斤到8413锟斤拷占锟斤拷欧锟狡讹拷锟矫伙拷锟斤拷锟斤拷锟斤拷15%锟斤拷
锟斤拷锟斤拷3G/4G锟叫筹拷锟斤拷展锟斤拷锟狡ｏ拷锟斤拷锟斤拷锟节凤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟矫伙拷锟斤拷锟斤拷强锟斤拷锟斤拷
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷营锟教碉拷投锟绞硷拷锟斤拷懿锟斤拷诺牡锟斤拷锟斤拷锟杰ｏ拷锟斤拷锟斤拷锟斤拷潭锟斤拷锟斤拷锟叫筹拷迅锟劫凤拷展锟斤拷
锟斤拷锟斤拷锟斤拷锟斤拷母锟斤拷锟斤拷贫锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷
锟斤拷锟斤拷锟斤拷
锟斤拷锟斤拷1.2 锟斤拷锟斤拷
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷谐锟斤拷锟皆わ拷锟斤拷锟斤拷没锟轿?锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷贫锟斤拷只锟斤拷谐锟?ARPU值锟斤拷锟斤拷锟铰斤拷锟斤拷锟斤拷去锟斤拷锟斤拷锟狡讹拷通锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷23%锟斤拷
锟斤拷锟斤拷锟斤拷然锟斤拷同锟矫伙拷锟斤拷目锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟狡讹拷锟街伙拷锟斤拷锟矫伙拷锟斤拷锟斤拷锟斤拷锟金步放伙拷锟斤拷锟斤拷营锟斤拷锟斤拷锟斤拷要锟斤拷锟斤拷锟铰的癸拷税锟斤拷锟脚惠达拷施锟皆憋拷证锟矫伙拷锟斤拷目锟斤拷锟饺讹拷锟斤拷锟接★拷
锟斤拷锟斤拷锟斤拷锟剿猴拷锟斤拷一锟斤拷锟斤拷锟斤拷母锟斤拷锟斤拷锟斤拷锟饺伙拷锟斤拷蓿锟斤拷纸锥味锟斤拷锟斤拷锟斤拷锟斤拷叨锟斤拷裕锟?ADSL锟斤拷然锟斤拷锟斤拷锟捷碉拷锟斤拷锟斤拷锟斤拷锟接凤拷式锟斤拷
锟斤拷锟斤拷4G锟斤拷透锟斤拷锟皆碉拷锟斤拷锟斤拷欧平锟斤拷水平锟斤拷锟揭碉拷平锟斤拷水平锟斤拷
锟斤拷锟斤拷锟斤拷
锟斤拷锟斤拷1.3 锟斤拷锟斤拷
锟斤拷锟斤拷锟斤拷锟斤拷锟接碉拷锟斤拷锟皆筹拷锟斤拷锟?3G/4G锟叫筹拷锟斤拷目前锟侥达拷锟斤拷营锟教撅拷锟斤拷锟狡筹拷3G/4G锟斤拷锟斤拷
锟斤拷锟斤拷锟狡讹拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷营锟教ｏ拷MVNO锟斤拷锟侥达拷锟斤拷为锟斤拷锟界共锟斤拷锟结供锟剿伙拷锟斤拷锟斤拷
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟揭?锟侥碉拷锟斤拷锟斤拷营锟斤拷Telecom Italia锟斤拷Vodafone Italia锟斤拷WIND锟斤拷锟斤拷锟斤拷锟斤拷营锟教的猴拷锟斤拷为锟斤拷锟斤拷锟节猴拷锟结供锟剿伙拷锟结。
锟斤拷锟斤拷Telecom Italia锟斤拷锟斤拷锟斤拷33锟斤拷欧元锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷纾?锟斤拷2017锟斤拷婊?锟矫伙拷锟斤拷目锟斤拷占锟斤拷锟剿口碉拷75%锟斤拷
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷谢锟剿?平锟斤拷68%锟斤拷锟斤拷锟斤拷欧锟斤拷锟斤拷锟斤拷越系停锟斤拷锟斤拷锟斤拷锟斤拷没锟斤拷占锟斤拷始锟斤拷锟接?锟斤拷锟诫方锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷占洹?
锟斤拷锟斤拷LTE锟斤拷FTTH锟斤拷锟斤拷锟斤拷瞥锟轿?锟斤拷营锟斤拷锟结供锟斤拷锟铰碉拷锟斤拷锟斤拷锟斤拷锟斤拷锟姐。
锟斤拷锟斤拷锟斤拷
锟斤拷锟斤拷1.4 锟斤拷胁
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷酶锟斤拷栈锟斤拷锟斤拷锟斤拷贫锟酵?锟脚凤拷锟斤拷锟斤拷乒锟斤拷锟斤拷锟斤拷锟斤拷影锟届，同时也锟斤拷锟斤拷锟剿癸拷锟剿伙拷锟斤拷锟斤拷施锟斤拷锟斤拷锟斤拷平锟斤拷锟?
锟斤拷锟斤拷锟斤拷锟狡筹拷锟饺斤拷锟斤拷锟界方锟斤拷缺锟斤拷锟斤拷确锟斤拷战锟皆规划锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷糯锟斤拷诜锟斤拷纾?锟斤拷锟斤拷锟斤拷之锟斤拷墓锟酵ㄐ?锟斤拷也锟斤拷锟斤拷锟斤拷战锟斤拷
锟斤拷锟斤拷锟斤拷
    2. 锟斤拷锟斤拷锟斤拷锟斤拷锟揭碉拷锟斤拷锟?

    2.1 锟斤拷锟斤拷锟叫筹拷锟斤拷模
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷谐锟斤拷锟脚凤拷薰锟侥ｏ拷锟斤拷牡锟斤拷锟斤拷谐锟街?一锟斤拷锟斤拷锟斤拷OVUM锟斤拷锟斤拷锟捷ｏ拷2015锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟揭碉拷锟斤拷锟斤拷锟斤拷锟斤到165.5锟斤拷锟斤拷元锟斤拷锟斤拷锟斤拷欧锟斤拷锟斤拷锟斤拷位锟叫碉拷锟斤拷锟斤拷锟斤拷锟接德癸拷锟斤拷锟斤拷锟斤拷之锟斤拷

    2.2 锟狡讹拷通锟斤拷
锟斤拷锟斤拷A. 锟叫筹拷锟斤拷模
锟斤拷锟斤拷锟斤拷锟斤拷OVUM锟斤拷锟斤拷锟捷ｏ拷锟斤拷止2016锟斤拷3锟铰ｏ拷锟斤拷锟斤拷锟斤拷贫锟酵?锟斤拷锟矫伙拷锟斤拷锟窖达到8413锟斤拷占锟斤拷欧锟狡讹拷锟矫伙拷锟斤拷锟斤拷锟斤拷15.3%锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷贫锟酵?锟斤拷锟叫筹拷锟斤拷猿锟斤拷欤?锟斤拷锟斤拷2016锟斤拷3锟铰碉拷锟斤拷透锟斤拷锟窖达到137.5%锟斤拷锟斤拷锟疥，锟斤拷锟斤拷锟斤拷贫锟酵?锟斤拷锟矫伙拷锟斤拷目锟斤拷锟街递硷拷锟斤拷锟狡ｏ拷2013锟斤拷6锟斤拷锟斤拷2016锟斤拷3锟铰ｏ拷锟矫伙拷锟斤拷目锟斤拷锟斤拷3.9%锟斤拷锟斤拷锟斤拷BMI锟斤拷预锟解，锟斤拷2020锟疥，锟斤拷锟斤拷锟斤拷贫锟酵?锟斤拷锟叫筹拷锟斤拷锟矫伙拷锟斤拷目锟皆斤拷锟斤拷锟街斤拷一锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟秸斤拷锟斤拷锟斤拷锟斤拷8200锟斤拷锟斤拷锟揭★拷

    B. 锟斤拷锟斤拷水平
锟斤拷锟斤拷锟接硷拷锟斤拷源锟斤拷锟斤拷锟斤拷W-CDMA锟斤拷锟斤拷锟斤拷锟斤拷贫锟斤拷谐锟斤拷锟斤拷锟揭?锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷2016锟斤拷3锟斤拷W-CDMA锟斤拷锟斤拷锟斤拷锟叫筹拷锟捷讹拷为60.28%锟斤拷锟斤拷透锟绞达到82.89%锟斤拷锟斤拷锟斤拷为GSM锟斤拷LTE锟斤拷锟叫筹拷锟捷讹拷直锟轿?23.24%锟斤拷16.48%锟斤拷锟斤拷透锟绞分憋拷为31.96%锟斤拷22.66%锟斤拷

    锟斤拷锟狡讹拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷目前3G锟斤拷锟斤拷占锟斤拷锟斤拷锟斤拷锟斤拷位锟斤拷锟叫筹拷锟捷讹拷锏?60.28%锟斤拷2G锟斤拷4G锟斤拷锟斤拷直锟秸?23.24%锟斤拷16.48%锟斤拷锟街阶段ｏ拷锟斤拷锟斤拷锟斤拷锟?4G业锟斤拷锟斤拷锟酵革拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷欧锟斤拷锟斤拷锟斤拷锟斤拷要锟斤拷锟揭ｏ拷2016锟疥，锟狡讹拷锟斤拷营锟教斤拷锟斤拷锟斤拷4G业锟斤拷锟斤拷锟?4G业锟斤拷锟斤拷锟酵革拷省锟?

    C. 锟斤拷营锟教和撅拷锟斤拷锟斤拷锟?
锟斤拷锟斤拷目前锟斤拷锟斤拷锟斤拷贫锟酵?锟斤拷锟叫筹拷锟斤拷锟斤拷锟侥硷拷锟狡讹拷锟斤拷营锟教ｏ拷锟街憋拷为Telecom Italia锟斤拷Vodafone Italia锟斤拷WIND锟斤拷3 Italia锟斤拷锟斤拷悉锟斤拷2015锟斤拷8锟铰ｏ拷Hutchison锟斤拷锟斤拷锟斤拷锟斤拷锟?3Italia锟斤拷VimpelCom Ltd.锟斤拷锟铰碉拷Wind Group锟较诧拷锟斤拷双锟斤拷锟斤拷锟斤拷锟斤拷50%锟侥股份★拷2016锟斤拷3锟铰ｏ拷欧锟剿凤拷垄锟较硷拷懿锟斤拷啪痛撕喜锟斤拷锟斤拷锟秸癸拷锟斤拷锟斤拷椋?锟斤拷锟斤拷锟斤拷锟斤拷8锟斤拷10锟秸癸拷锟斤拷锟矫撅拷锟斤拷锟斤拷锟斤拷缃伙拷椎玫锟斤拷锟绞碉拷锟斤拷锟斤拷锟斤拷锟斤拷锟狡讹拷锟斤拷营锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟侥硷拷锟斤拷锟斤拷锟斤拷锟斤拷锟揭★拷

    2.3 锟教讹拷锟界话
锟斤拷锟斤拷A. 锟叫筹拷锟斤拷模
    锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟狡讹拷通锟斤拷业锟斤拷姆锟秸癸拷锟斤拷锟斤拷锟斤拷锟教讹拷锟界话锟斤拷锟矫伙拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟铰伙拷锟斤拷锟斤拷锟狡ｏ拷锟斤拷2013锟斤拷锟斤拷锟斤拷鹊锟?1856.2锟斤拷锟铰伙拷锟斤拷2016锟斤拷一锟斤拷锟饺碉拷1598.2锟斤拷

    B. 锟斤拷锟斤拷水平
    锟斤拷锟斤拷锟斤拷墓潭锟斤拷缁帮拷锟斤拷锟斤拷锟揭?为PSTN锟斤拷锟斤拷锟斤拷锟界话锟斤拷锟斤拷锟斤拷锟界）锟斤拷锟矫伙拷占锟饺达到86.6%锟斤拷锟斤拷锟斤拷为ISDN锟斤拷VOIP锟斤拷锟矫伙拷占锟饺分憋拷为3.5%锟斤拷9.9%锟斤拷

    C. 锟斤拷营锟教和撅拷锟斤拷锟斤拷锟?
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷潭锟斤拷缁帮拷锟斤拷锟斤拷锟揭?锟斤拷锟斤拷营锟教帮拷锟斤拷Telecom Italia锟斤拷WIND锟斤拷锟斤拷锟斤拷Telecom Italia锟斤拷为锟斤拷锟斤拷袒锟斤拷锟斤拷锟秸癸拷木锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷谐锟斤拷荻锟秸硷拷瘸锟斤拷锟?60%锟斤拷

    2.4 锟教讹拷锟斤拷锟?
锟斤拷锟斤拷A. 锟叫筹拷锟斤拷模
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷墓潭锟斤拷锟斤拷锟叫筹拷锟金步斤拷锟斤拷锟斤拷锟秸硷拷锟教度和凤拷展状锟斤拷锟斤拷锟斤拷锟斤拷诘隆锟斤拷锟斤拷锟斤拷锟脚凤拷锟斤拷锟斤拷锟斤拷锟斤拷辏?锟斤拷锟斤拷锟斤拷锟斤拷锟揭恢憋拷锟斤拷锟斤拷锟街э拷止潭锟斤拷锟斤拷业锟斤拷姆锟秸癸拷锟斤拷锟斤拷锟斤拷锟斤拷庸锟斤拷说然锟斤拷锟斤拷锟绞╋拷慕锟斤拷瑁?锟斤拷锟斤拷2015锟斤拷8锟斤拷通锟斤拷锟斤拷锟杰讹拷锟?120锟斤拷欧元锟侥★拷锟斤拷锟斤拷锟斤拷锟斤拷苹锟斤拷锟斤拷潭锟斤拷锟斤拷锟矫伙拷锟斤拷目锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟角★拷OVUM锟斤拷锟斤拷锟斤拷锟斤拷示锟斤拷锟斤拷锟斤拷2016锟斤拷一锟斤拷锟饺ｏ拷锟斤拷锟斤拷锟斤拷潭锟斤拷锟斤拷锟矫伙拷锟斤拷目为1519.3锟斤拷占锟斤拷欧锟斤拷锟斤拷锟教讹拷锟斤拷锟斤拷没锟斤拷锟斤拷锟斤拷锟?12.8%锟斤拷

    B. 锟斤拷锟斤拷水平
锟斤拷锟斤拷锟街阶段ｏ拷锟斤拷锟斤拷锟秸硷拷锟斤拷锟斤拷锟轿伙拷墓潭锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷xDSL锟斤拷锟斤拷锟剿硷拷锟斤拷一锟斤拷锟斤拷锟斤拷母锟斤拷锟斤拷锟斤拷锟饺伙拷锟斤拷蕖锟斤拷锟斤拷锟?2016锟斤拷一锟斤拷锟饺ｏ拷xDSL锟斤拷锟叫筹拷锟捷讹拷为89.5%锟斤拷

    C. 锟斤拷营锟教和撅拷锟斤拷锟斤拷锟?
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷潭锟斤拷锟斤拷锟叫筹拷锟斤拷锟斤拷要锟斤拷营锟教帮拷锟斤拷Telecom Italia锟斤拷Fastweb锟斤拷WIND锟斤拷Vodafone Italia锟斤拷锟侥硷拷锟斤拷营锟斤拷锟斤拷占锟叫筹拷锟捷讹拷霞拼锏?90.4%锟斤拷目前Fastweb锟节癸拷锟斤拷锟斤拷锟斤拷业锟斤拷锟斤拷锟饺ｏ拷锟斤拷锟斤拷2015锟斤拷锟斤拷锟斤拷锟斤拷锟叫筹拷锟捷讹拷锟?70%锟斤拷2016锟斤拷5锟铰ｏ拷Telecom Italia也锟斤拷锟斤拷锟窖斤拷锟斤拷锟矫伙拷锟斤拷1000锟揭的筹拷锟斤拷锟斤拷锟斤拷锟斤拷锟侥匡拷锟斤拷锟斤拷锟斤拷说锟斤拷锟斤拷锟?FTTH锟斤拷锟斤拷

    2.5 锟斤拷锟竭伙拷锟斤拷
锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟揭碉拷锟斤拷锟斤拷懿锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷通锟脚诧拷锟斤拷MOC锟斤拷锟斤拷锟斤拷锟斤拷锟酵ㄑ讹拷锟斤拷暇郑锟?AGCOM锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟酵?锟脚诧拷锟斤拷MOC锟斤拷锟斤拷职锟斤拷锟斤拷要锟斤拷锟斤拷锟斤拷锟斤拷锟狡讹拷锟斤拷锟斤拷锟脚碉拷锟斤拷锟斤拷锟街わ拷锟揭伙拷锟斤拷锟饺?锟斤拷锟斤拷锟斤拷毡锟斤拷锟斤拷1锟斤拷锟斤拷锟街达拷锟斤拷锟斤拷锟斤拷锟斤拷锟竭憋拷锟截伙拷路锟斤拷WLL锟斤拷锟斤拷锟街わ拷锟斤拷锟斤拷投锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷通讯锟斤拷锟较局ｏ拷AGCOM锟斤拷锟斤拷要锟斤拷锟斤拷锟斤拷殴锟斤拷锟斤拷锟狡讹拷锟斤拷锟斤拷芎锟街达拷小锟?
锟斤拷锟斤拷注锟斤拷1锟斤拷锟秸憋拷锟斤拷锟?Universal Service锟斤拷指锟斤拷锟脚凤拷锟斤拷目苫锟斤拷浴锟斤拷锟斤拷锟斤拷拥目山锟斤拷锟斤拷院凸惴猴拷目晒锟斤拷浴锟斤拷毡锟斤拷锟斤拷锟角碉拷锟斤拷业锟斤拷展锟斤拷锟斤拷锟斤拷锟街硷拷锟斤拷锟斤拷示锟斤拷煤锟斤拷锟斤拷敕⒄癸拷锟街?锟皆碉拷锟斤拷锟秸憋拷锟斤拷锟侥讹拷锟斤拷锟角ｏ拷锟轿猴拷锟斤拷锟斤拷锟轿何地凤拷锟轿猴拷时锟斤拷锟斤拷锟皆承碉拷锟斤拷锟斤拷募鄹锟斤拷锟斤拷艿锟斤拷欧锟斤拷瘢?讹拷锟斤拷锟斤拷营锟教的凤拷锟斤拷锟斤拷锟斤拷锟斤拷锟绞凤拷一锟斤拷同锟绞★拷锟秸憋拷锟斤拷锟剿?平锟侥猴拷锟斤拷指锟斤拷锟斤拷拥锟叫电话锟侥硷拷庭锟斤拷占锟侥百分比★拷

    2003锟斤拷7锟铰ｏ拷锟斤拷锟斤拷欧锟剿碉拷锟斤拷氐锟斤拷欧锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟狡讹拷锟斤拷锟铰的★拷锟斤拷锟斤拷通锟脚凤拷锟斤拷锟斤拷锟斤拷为锟斤拷锟斤拷锟斤拷业锟芥范锟酵硷拷芊锟斤拷锟斤拷锟斤拷荩锟斤拷锟斤拷诟锟斤拷锟斤拷锟斤拷锟斤拷泄锟斤拷锟斤拷锟斤拷锟叫筹拷锟斤拷锟斤拷锟斤拷

    锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷影锟斤拷锟斤拷要锟斤拷锟斤拷锟斤拷锟斤拷锟铰硷拷锟斤拷锟斤拷锟芥：
锟斤拷锟斤拷A. 锟斤拷锟斤拷锟斤拷同业锟斤拷锟斤拷锟斤拷Access and Interconnection锟斤拷
锟斤拷锟斤拷锟斤拷锟叫碉拷锟斤拷业执锟斤拷拥锟斤拷锟竭讹拷锟斤拷权锟斤拷同锟斤拷锟斤拷锟斤拷锟揭?锟斤拷营锟教的固讹拷锟斤拷锟斤拷锟皆成憋拷锟桔革拷锟斤拷谢锟斤拷锟斤拷锟斤拷锟斤拷缁ワ拷锟斤拷慰锟斤拷锟斤拷郯锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟侥硷拷锟斤拷锟斤拷锟斤拷锟斤拷锟桔革拷锟斤拷目锟斤拷锟角斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷辗驯锟阶硷拷锟斤拷约锟斤拷锟斤拷喽?锟桔憋拷锟截伙拷路锟斤拷锟斤拷锟斤拷泄毓娑?锟饺★拷

    B. 锟秸憋拷锟斤拷锟?Universal Service锟斤拷
锟斤拷锟斤拷1998锟斤拷3锟斤拷锟斤拷锟斤拷锟酵?锟脚诧拷锟戒布锟剿诧拷锟斤拷锟斤拷锟筋，锟斤拷执锟斤拷锟秸憋拷锟斤拷锟侥凤拷围锟酵筹拷锟斤拷锟斤拷锟斤拷斯娑?锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷一锟斤拷锟斤拷锟斤拷锟斤拷执锟秸筹拷锟斤拷锟竭ｏ拷锟斤拷锟斤拷锟角癸拷锟斤拷锟斤拷锟斤拷锟狡讹拷锟斤拷锟斤拷锟绞碉拷强锟狡伙拷锟金。帮拷锟秸规定锟斤拷锟叫筹拷锟捷讹拷锟斤拷锟?5%锟斤拷锟斤拷营锟斤拷锟斤拷锟斤拷值锟斤拷锟斤拷锟斤拷锟矫★拷

    C. 锟斤拷锟斤拷锟斤拷锟斤拷
    锟斤拷锟斤拷锟绞斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟揭碉拷锟斤拷妫?锟斤拷锟斤拷锟斤拷锟饺伙拷锟斤拷锟斤拷瞎锟斤拷锟斤拷锟斤拷式锟斤拷耄?锟斤拷锟接硷拷锟斤拷锟斤拷锟斤拷准锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷殴锟剿撅拷锟?Telecom锟斤拷锟斤拷未锟缴癸拷锟侥帮拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟绞碉拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷频锟斤拷锟斤拷锟斤拷远锟斤拷目前锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷欧锟斤拷锟揭碉拷谐锟斤拷锟斤拷锟揭?锟斤拷锟斤拷值锟斤拷锟脚猴拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷瘢?★拷锟街伙拷通讯锟斤拷锟斤拷取锟揭伙拷锟斤拷锟斤拷锟铰ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷投锟斤拷锟斤拷没锟斤拷锟斤拷锟斤拷业锟斤拷要锟襟，碉拷锟皆碉拷锟斤拷锟斤拷业锟斤拷锟绞癸拷司锟斤拷业锟斤拷要锟斤拷锟诫开业锟斤拷晒夜锟斤拷锟斤拷锟斤拷锟斤拷锟皆碉拷锟斤拷锟斤拷业锟斤拷一些业锟斤拷要锟斤拷锟街革拷锟斤拷艿锟脚凤拷说墓锟阶?锟斤拷锟斤拷锟缴★拷

    D. 锟斤拷业锟斤拷锟斤拷
锟斤拷锟斤拷2015锟斤拷8锟铰ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷使婊?委员锟斤拷通锟斤拷锟斤拷一锟斤拷锟杰讹拷锟?120锟斤拷欧元锟侥★拷锟斤拷锟斤拷锟斤拷锟斤拷苹锟斤拷锟斤拷眉苹锟街硷拷锟斤拷饩筹拷诮锟斤拷锟揭伙拷锟斤拷筛锟斤拷锟?1000锟斤拷锟矫伙拷锟斤拷800锟斤拷锟斤拷锟叫★拷400锟斤拷医院锟斤拷2000锟斤拷学校锟皆硷拷5000锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟脚的匡拷锟斤拷锟斤拷纭ｏ拷锟斤拷锟侥?120锟斤拷投锟斤拷锟绞斤拷锟叫斤拷锟斤拷50锟斤拷锟斤拷锟斤拷私锟斤拷投锟绞ｏ拷70锟斤拷锟斤拷锟皆癸拷锟斤拷投锟绞★拷70锟节癸拷锟斤拷投锟斤拷锟斤拷锟斤拷49锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟绞斤拷21锟斤拷锟斤拷锟皆★拷锟斤拷锟斤拷锟结构锟斤拷锟金”★拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟绞撅拷锟斤拷锟揭伙拷锟斤拷锟斤拷锟斤拷锟斤拷全锟斤拷锟侥匡拷锟斤拷苹锟斤拷锟斤拷锟轿?锟斤拷锟斤拷锟轿达拷锟?20锟斤拷锟斤拷锟斤拷要锟侥伙拷锟斤拷锟斤拷施锟斤拷目锟斤拷锟斤拷锟斤拷锟斤拷锟揭诧拷锟斤拷锟斤拷锟斤拷锟?30锟斤拷锟节筹拷为欧锟斤拷锟节匡拷锟斤拷锟斤拷锟斤拷锟斤拷头锟斤拷
锟斤拷锟斤拷锟斤拷
锟斤拷锟斤拷2.6 盈锟斤拷水平
    锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷谐锟斤拷叨锟斤拷锟斤拷锟皆わ拷锟斤拷锟斤拷没锟斤拷锟酵?时锟斤拷锟斤拷锟叫筹拷锟斤拷锟斤拷锟接剧及锟斤拷模效应影锟届，锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟接?锟斤拷每锟斤拷锟斤拷ARPU锟斤拷Average Revenue per User锟斤拷每锟斤拷锟矫伙拷平锟斤拷锟斤拷锟诫）锟斤拷锟街诧拷锟斤拷锟铰伙拷锟斤拷锟狡★拷锟斤拷锟斤拷OVUM统锟狡ｏ拷锟斤拷锟斤拷2016锟斤拷Q1锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟接?锟教碉拷ARPU值为13.57锟斤拷元锟斤拷锟斤拷2014锟斤拷Q1锟铰斤拷锟斤拷锟饺筹拷锟斤拷16%锟斤拷
锟斤拷锟斤拷锟斤拷
    2.7 锟叫癸拷锟斤拷业锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷
    锟斤拷为锟斤拷锟斤拷锟斤拷锟睫癸拷司锟斤拷锟斤拷锟斤拷通讯锟缴凤拷锟斤拷锟睫癸拷司锟街憋拷锟斤拷2004锟斤拷锟?2005锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷止锟剿撅拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟叫筹拷锟斤拷目前锟斤拷取锟斤拷一锟斤拷锟缴硷拷锟斤拷2014锟疥，锟斤拷锟斤拷锟斤拷锟秸撅拷锟斤拷锟斤拷萁锟斤拷锟斤拷璞革拷锟?851761锟斤拷851762锟斤拷锟斤拷锟狡凤拷锟斤拷泄锟斤拷慕锟斤拷诙锟街憋拷为546.2锟斤拷41453.3锟斤拷锟斤拷元锟斤拷锟街憋拷占锟杰斤拷锟节讹拷锟?2.3%锟斤拷9.4%锟斤拷