Monday, October 29, 2012

China Telecom's Profit Slides as Revenues Rise

China Telecom reported Q3 revenue of CNY 71.9 billion, up 15.6% over the same period last year.  Profit attributable to equity holders in the company amounted to CNY 3.75 billion, down 7.8% compared to a year earlier.

China Telecom now has 152.62 million mobile subscribers, of which 59.72  are on the 3G network.


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