Operating

China Telecom Q1 Net Profit up 4.5% YoY

Updated:2017/5/2 15:08

China Telecom released the 1Q17 financial results on April 27.

It reported quarterly operating revenue of CNY91.428 billion with a 5.8 percent YoY net growth, that service revenue increased 7.5 percent year over year to CNY82.094 billion, and EBITDA climbed 4.2 percent to CNY24.815 billion; profit attributable to shareholders was up 4.5 percent to CNY5.348 billion.

China Telecom took its mobile user base to 222 million with a net increase of 6.53 million, including 138 million 4G users with 15.77 million additions. The total mobile traffic maintained a rapid growth of 115 percent, and the average of 4G data traffic consumed per subscriber per month reached 1,271MB with a stable uplift in ARPU.

A net increase of 2.7 million happened to its fixed broadband subscribers, of which the total hit 126 million. Among them, 112 million were FTTH subscribers with 6.07 million net additions.

 Source:C114
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