Saturday, 22 September 2018

China Telecom heralds 4G growth, but profit slides

By Mary Lennighan, Total Telecom
Wednesday 19 August 15

Chinese operator added 22 million 4G customers in first half of year.

China Telecom on Wednesday announced that it experienced strong growth in its 4G business in the first half of the year, but its financial results continue to show the effects of the recent VAT reforms, with net profit sliding and revenues and EBITDA remaining virtually flat…

China Telecom on Wednesday announced that it experienced strong growth in its 4G business in the first half of the year, but its financial results continue to show the effects of the recent VAT reforms, with net profit sliding and revenues and EBITDA remaining virtually flat…

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