China Telecom reports strong growth in profit, 4G subs

VietnamMobile World Live — China Telecom, the country’s third largest mobile player, reported strong increases in profit and revenue for the first half of the year, as its 4G penetration hit 44 per cent. Its net profit for the period expanded 6.3 per cent to CNY11.7 billion ($1.76 billion), while EBITDA was down very slightly (0.4 per cent) to CNY50.6 billion.

Link to http://www.mobileworldlive.com/asia/asia-news/china-telecom-reports-strong-growth-in-profit-4g-subs/

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