China Telecom reports 3Q results

21 Oct 2008

China Telecom has reported its results for the three months ended 30 September 2008, showing a 0.7% increase in operating revenue to RMB44.945 billion compared to the same period of 2007. EBITDA slipped by 1.9% to RMB21.893 billion although profit attributable to shareholders rose by 1.3% to RMB5.624 billion. Operationally, China Telecom had 212.97 million local access lines in service at the end of September, a decrease of 1.92 million compared to twelve months earlier. The number of broadband customers, meanwhile, rose from 39.95 million to 42.18 million.

China, China Telecom Group