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China Telecom net profit down 9.2% in Q1

2015-04-28 10:40:00| Telecompaper Headlines

(Telecompaper) China Telecom reported first-quarter revenues down 2.1 percent year-on-year to CNY 81.45 billion. Service revenues slightly decreased by 0.2 percent to CNY 72.7 billion. EBITDA also decreased by 2.2 percent to CNY 24.5 billion, while net profit went down 9.2 percent to CNY 5 billion. For the first quarter of 2015, the number of mobile subscribers of the group reached 189 million, following a cumulative net addition of 3.20 million users in the period.

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Category:Telecommunications

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