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China Telecom profit up 6%, adds 9 mln mobile subs in H1

2016-08-23 09:40:00| Telecompaper Headlines

(Telecompaper) China Telecom reported operating revenues of CNY 176.8 billion for the six months ended 30 June 2016, which represents an increase of 7.2 percent year-on-year. Service revenues amounted to CNY 155.2 billion, up by 5.6 percent from the first half of 2015. First-half EBITDA reached CNY 50.5 billion, down 0.4 percent year-on-year, while EBITDA margin stood at 32.6 percent at 30 June 2016. Profit reached CNY 11.6 billion, up by 6.3 percent year-on-year. Basic earnings per share were CNY 0.14.

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China Mobile 1H profit up 5.6% on 4G customer growth

2016-08-11 02:00:00| Total Telecom industry news

More than half of the operator's total mobile subscriber base is connected to 4G.

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KFC-owner profit boosted by China sales

2016-04-21 02:01:06| BBC News | Business | UK Edition

Yum Brands, owner of KFC, Pizza Hut and Taco Bell, reports an 8% rise in profit, boosted by better-than-expected sales at its restaurants in China.

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China Unicom issues Q1 profit warning

2016-04-20 02:00:00| Total Telecom industry news

But telco insists it will reverse recent declines in mobile customer numbers in first three months of 2016.

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China Unicom targets accelerated 4G push after reporting 2015 profit fell 12pc to HK$12.6b

2016-03-17 15:36:14| Wireless - Topix.net

China Unicom, the country's second-largest wireless network operator, is gearing up to push an aggressive turnaround plan after reporting a widely expected decline in earnings and subscribers last year. "The new [financial] year marks the beginning of the all-around implementation of our focus strategies," chairman and chief executive Wang Xiaochu said at a press conference on Wednesday.

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