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China Telecom ( (HK:0728) ) just unveiled an announcement.
In December 2024, China Telecom reported a net increase of 0.82 million mobile subscribers, with a significant portion being 5G package users, reflecting a strong annual increase of 32.82 million for 5G subscribers. The company also saw growth in wireline broadband with a monthly increase of 0.63 million subscribers, while access lines in service decreased, indicating a shift in consumer preferences towards mobile and broadband solutions. Investors are advised to cautiously interpret these internal statistics while considering the company’s stock dealings.
More about China Telecom
China Telecom Corporation Limited is a prominent telecommunications company in China, offering mobile, broadband, and wireline services. The company focuses heavily on expanding its 5G services and maintaining a strong position in the highly competitive telecommunications industry.
YTD Price Performance: 0%
Average Trading Volume: 5,075
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €79.63B
For a thorough assessment of 0728 stock, go to TipRanks’ Stock Analysis page.
