China Telecom Reports Growth in Subscriber Base
Company Announcements

China Telecom Reports Growth in Subscriber Base

China Telecom (HK:0728) has released an update.

China Telecom Corporation Limited has unveiled its June 2024 operating statistics, highlighting a steady growth in mobile subscribers with a notable 416.85 million total and a significant rise in 5G package users, now reaching 336.63 million. However, the company experienced a decline in access lines in service, dropping by 0.26 million for the month. Investors are advised to consider that these figures are based on internal statistics and should be cautious in dealing with the company’s securities.

For further insights into HK:0728 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskChina Telecom Announces Supervisory Changes
TipRanks HongKong Auto-Generated NewsdeskChina Telecom Renews Financial Services Agreements
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!