China Telecom (HK:0728) has released an update.
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China Telecom Corporation Limited disclosed its operating statistics for August 2024, revealing a growth in mobile subscribers by 1.68 million to a total of 420.74 million, with a notable rise of 3.14 million in 5G package subscriptions. Additionally, the company’s wireline broadband subscribers increased by 0.73 million, despite a slight decline in the number of access lines in service. Investors are advised to treat these internal statistics with caution when dealing with the company’s securities.
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