QUOTE AND NEWS
SeekingAlpha  Oct 6  Comment 
By FNF Solutions: The month of August welcomed the sixth consecutive month for China Telecom's (NYSE:CHA) improved performance in the wireless subscriber market in China. The telecom company's 3G user base now stands at almost 145 million users,...
Telecom Ramblings  Sep 22  Comment 
This article was authored by Dylan Bushell-Embling, and was originally posted on telecomasia.net. Huawei and China Telecom have completed the first live network tests for NFV-based virtual customer premises equipment (vCPE). The...
Benzinga  Sep 18  Comment 
Shares of Chinese mobile app publisher Sky-mobi (NASDAQ: MOBI) rose almost 18% Wednesday and another 4.5% after-hours. CFO John Bi indicated in an email to Benzinga, that the company's CEO, Michael Michael Tao Song, speaking at the 2014 TFC Global...
Benzinga  Sep 16  Comment 
Sky-mobi Limited ("Sky-mobi" or the "Company") (Nasdaq: MOBI), a leading mobile application platform in China, today announced that the Company, through its controlling subsidiary Mopin Technology Co., Ltd., has entered into a strategic...
SeekingAlpha  Sep 7  Comment 
By Stock Gazer: China Telecom (NYSE:CHA) has shown stable growth and improvement in its performance in the telecom industry of the country as it welcomed 1.45 million new users in the month of July to its 3G network. This is the fifth month of...
TechCrunch  Sep 5  Comment 
 China Telecom has a new pre-order page up for the iPhone 6, despite the fact that it’s still not official, and likely won’t be until Apple’s big unveiling event on September 9. The website depicts high-quality renders of a new iPhone model...
Cellular News  Sep 3  Comment 
A stable peak download speed of 260 Mbps was achieved in the carrier aggregation demonstration with FDD 20 MHz in 1.8 GHz and TDD 20 MHz in 2.6 GHz spectrum. Click here for more.
Forbes  Sep 2  Comment 
China Telecom reported a steady improvement in its performance in the Chinese wireless subscriber market in July, as it gained about 1.45 million new 3G subscribers. This marked the fifth consecutive month of improvement in 3G user adds for the...
Forbes  Aug 28  Comment 
The carrier’s operating revenues grew 5.3% y-o-y to about RMB 166 billion ($27 billion) on account of increasing 3G service revenues and consistent growth in fixed broadband. Revenues from 3G service increased as the carrier added about 20...
Forbes  Aug 26  Comment 
In its upcoming earnings release, we expect the company to report low single-digit y-o-y growth in operating revenues on account of a steady increase in fixed broadband users, but weak quarterly performance in terms of wireless subscriber growth.




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China Telecom Corporation Limited (China Telecom) is a state-owned telecommunications company. In addition to providing local fixed-line telephone services to residential and business customers in 20 Chinese provinces, the company offers domestic and international long distance telephone services Internet and managed data value-added services leased line and limited mobility wireless services. It is one of the largest phone companies in China (and the world), with 220 million access lines in service and 36 million broadband users as of December 31, 2007. The company generates the bulk of its revenue from local phone, domestic long distance, and international long distance services. Additionally, it derives revenue from data and Internet services, value-added services, and interconnection fees paid by other phone companies. In 2006, revenues from local telephone (local access and telephony) contributed 46% of the total revenues while long distance (DLD, IDD) contributed 25%. Among all the segments, Internet and value-added services increased the fastest, contributing 29% of the total revenues in 2006, up from 16.4% in 2005.


China Telecom announced disappointing results for the first three quarters of 2007, compared with Chinese mobile operators. However, China Telecom is the market leader in fixed-line phone services in one of the world's fastest growing telecom markets. Its attractive long-term prospects arise from growth in broadband, value-added services, and potential 3G services. Although the number its fixed-line users declined in the third quarter, its revenue increased 2.7% due to the expansion of its broadband business and value-added services. Moreover, China Telecom is expected to be the big winner when Chinese government issues 3G licenses. Thus, we maintain our Hold rating on the stock.




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