[The Complete Strategy for Token-Based Operations Emerges as Telecom Operators Seize Key Entry Points in Large Models] With the explosive popularity of the intelligent agent 'Lobster' (OpenClaw) this year, telecom operators have increasingly shifted toward Token-based (word token) operations. At the same time, Token costs have rapidly declined, and demand has surged exponentially. After a period of preparation, the complete strategy for Token-based operations by telecom operators has now surfaced. China Mobile defines Tokens as the 'universal currency' connecting computing power, models, applications, and users, while China Telecom believes the essence of Token-based operations lies in providing AI services to users. Although each operator has different focal points, their shared goal is to seize the key entry points in the era of large models. Innovation in business models and ecosystem construction around Tokens is equally indispensable, especially in clarifying the division of labor across different segments of the industry chain to establish a stable distribution mechanism. One telecom operator suggested that an integrated operational paradigm based on Tokens—'networking, cloud migration, data utilization, intelligence empowerment, and service'—could help build a robust and sustainable Token business loop. Meanwhile, making Tokens 'more usable' and 'affordable' will accelerate the industry's progress toward achieving a commercial closed loop. (People's Financial News)