QUOTE AND NEWS
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.
Benzinga  Aug 25  Comment 
China Telecom (NYSE: CHL) released an add on Weibo, showing an image of Apple's (NASDAQ: AAPL) upcoming iPhone 6, reports Cnet, citing Sina News.The post has been deleted. View article...
Cellular News  Aug 25  Comment 
Huawei and China Telecom have jointly announced that pre-commercial use of the world's first LTE-based evolved multimedia broadcast/multicast service (eMBMS) has been deployed for the 2014 Summer Youth Olympic Games Click here for more.
Cloud Computing  Aug 22  Comment 
BEIJING , Aug. 22, 2014 /PRNewswire/ -- China Telecom Corporation Limited and IBM (NYSE: IBM) today announced that they have entered into a three-year agreement to help small and medium businesses (SMBs) implement secure, cost-effective and...
StreetInsider.com  Aug 20  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/NQ+Mobile+%28NQ%29%2C+China+Telecom+%28CHA%29+Enter+Partnership+Covering+vLife+Integration+into+%27E+Surfing%27+Product/9769732.html for the full story.
TechCrunch  Aug 15  Comment 
 Apple has begun using Chinese servers to store Chinese user data, the company has confirmed in a statement to the Wall Street Journal. The new arrangement had been reported previously by 9to5Mac after they spotted a statement by the Fuzhuo City...
Cloud Computing  Jul 30  Comment 
CoreSite Realty Corporation (NYSE:COR), a provider of secure, reliable, high-performance data center solutions, today announced a multi-year contract with China Telecom Ltd. to expand the U.S. data center footprint of...
TheStreet.com  Jul 25  Comment 
NEW YORK (TheStreet) -- China Telecom Corp.  will begin selling Microsoft's MSFT Xbox One gaming console in China starting in September through an exclusive contract, according to the telecommunications company. The launch date and price have...




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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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