Tuesday, 24 October 2017

China Telecom's numbers hit by new tax

By Mary Lennighan, Total Telecom
Wednesday 18 March 15

Telco posts flat revenues and profit in 2014, adds 2 million mobile customers in first two months of 2015.

China Telecom on Wednesday reported that revenue and net profit remained flat in 2014, while EBITDA declined slightly, its numbers hit by new tax regulations and limited progress in 4G. The Chinese operator posted revenue of 324.4 billion yuan (€49.8 billion) last year, up by 0.9% on 2013…

China Telecom on Wednesday reported that revenue and net profit remained flat in 2014, while EBITDA declined slightly, its numbers hit by new tax regulations and limited progress in 4G. The Chinese operator posted revenue of 324.4 billion yuan (€49.8 billion) last year, up by 0.9% on 2013…

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