• Fri
  • Dec 26, 2014
  • Updated: 7:16pm

China Telecom

China Telecom is the largest fixed line service and third largest mobile telecommunication provider in China. It is listed in Hong Kong and New York, but is controlled by the Chinese government.

China Telecom in catch-up mode on 4G services

China Telecom was given the go-ahead in July to conduct pilot testing of networks based on the world's two recognised fourth-generation mobile standards. Photo: Bloomberg

China Telecom, the country's No3 wireless network operator, wants wider coverage for its so-called hybrid 4G mobile trials on the mainland after losing 4 million subscribers to competitors in the nine months to September.

Wednesday, 29 October, 2014, 5:36am

China Telecom user base shrinks amid rivalry

First-half net profit at China Telecom climbed 11.8 per cent as its monthly average revenue per user rose 4 per cent. Photo: Imaginechina

China Telecom Corp lost 5.34 million mobile subscribers in the first half of this year as competition intensified in the country's saturated telecommunications market.

28 Aug 2014 - 8:53am

China telecoms operators see plenty to gain in sharing infrastructure

China Mobile, China Unicom and China Telecom plan to lease the towers, mobile base stations and transmission assets from a joint venture instead of constructing these facilities on their own. Photo: Reuters

China's three main telecommunications service providers have started talks on setting up a joint venture to allow for infrastructure-sharing, which could lower the cost of developing mobile networks across the country.

2 May 2014 - 1:03am

China Telecom loses subscribers in 4G race

China Telecom is facing intense competition from rival companies as the industry prepares to launch 4G mobile services. Photo: Imaginechina

China Telecom saw a drop in the number of mobile subscribers in the first quarter as competition intensified after Beijing gave approval for the three major telecommunications operators to launch 4G services in December.

29 Apr 2014 - 1:15am

China Mobile's earnings fall 5.9pc, ending 14-year run of profit growth

China Mobile Chairman Xi Guohua at the company's results briefing yesterday. He said 4G services should be cheaper than 3G due to technology advancement. Photo: Edward Wong

China Mobile said net profit fell 5.9 per cent to 121.7 billion yuan (HK$153.6 billion) last year due to heavier investments in infrastructure resources. It was the first time in 14 years that profits at the world's largest mobile company by subscribers failed to grow.

21 Mar 2014 - 5:20am

China Telecom profit rises ahead of spending boost

China Telecom added 34 million subscribers to its 3G network last year, but is focusing its investment plans on an expansion of its 4G base station network. Photo: Reuters

China Telecom, the operator of the mainland's largest fixed-line network, said net profit climbed 17.4 per cent to 17.5 billion yuan (HK$22.16 billion) as it announced plans to increase capital expenditure by 20 billion yuan in 2014 once the firm receives a new licence to run its fourth generation (4G) mobile network.

20 Mar 2014 - 5:21am

New VAT may drive China's mobile operators to cut costs

The mainland's telecommunications operators may reduce mobile subsidies and increase low-end product offerings. Photo: Reuters

The value-added tax that the mainland's telecommunications companies face later this year might force the three wireless operators to cut expenses, including subsidies promoting smartphone usage, analysts say.

Beijing would use the tax to replace the existing business tax in several service industries, including the telecommunications sector, Premier Li Keqiang reiterated this week.

8 Mar 2014 - 1:01am

China Telecom launches 4G service

China Telecom launches 4G service

Competition in the mainland's phone market intensified with China Telecom's launch of fourth-generation (4G) mobile services yesterday on the heels of industry leader China Mobile, which introduced the service in January.

The other major player, China Unicom, which operates the mainland's second-largest wireless network, is expected to start 4G operations later this year.

15 Feb 2014 - 1:47am

China's 4G network operators face profit challenge in services expansion

Competition in the mainland's 4G business is likely to intensify later this year when the Big Three speed up their expansion. Photo: Xinhua

Profits at the mainland's three leading telecommunications network operators are expected to be squeezed in the first couple of years of their expansion into 4G mobile services, analysts say.

22 Jan 2014 - 4:28am

Speed comes at a price for Chinese carriers

Chinese mobile subscribers are notoriously frugal and will be reluctant to pay a high price to upgrade to 4G services. Photo: Reuters

Faster isn’t necessarily better for China’s telecom carriers as they prepare to roll out high-speed 4G mobile-phone networks at the expense of their profitability for years to come.

30 Oct 2013 - 2:23am 2 comments

Data business powers China Telecom

China Telecom says its voice-call and messaging services are facing challenges from new internet applications. Photo: Bloomberg

China Telecom, the operator of the mainland's largest fixed-line network, posted a 17.1 per cent increase in net profit for the first three quarters of the year, thanks to continued robust growth in data consumption as users spent more time on smartphones and tablets.

29 Oct 2013 - 2:57am

China Telecom gears up for 4G push

Wang Xiaochu is betting on the internet sector as traditional telecommunications business has limited growth potential. Photo: Jonathan Wong

China Telecom, the world's biggest fixed-line network operator, said it will increase full-year capital expenditure by five billion yuan (HK$6.3 billion) to 80 billion yuan this year as it builds a 4G trial network.

22 Aug 2013 - 2:20am

Earnings focus fixed on China Telecom's 4G plan

Wang Xiaochu, chairman and chief executive of China Telecom. Photo: May Tse

China Telecom, operator of the mainland's largest fixed-line network, is expected to outline its 4G mobile network expansion plans when it reports first-half earnings on Wednesday.

19 Aug 2013 - 3:40am

China Telecom turns its back on low-end market

Wang Xiaochu, chief executive of China Telecom, says competition for the low-end market is intense. Photo: Jonathan Wong

"The competition for the low-end market is intense and we wouldn't like to participate too much in that," company chairman Wang Xiaochu said at China Telecom's annual meeting.

30 May 2013 - 4:33am

Telefonica-Unicom: is a divorce imminent?

Telefonica could soon sell its remaining stake in China Unicom, ending an unsuccessful relationship that benefited neither side

29 May 2013 - 1:03pm