SGX:K3ED - China Telecom Corp Ltd CHA ADR US$
Sector: Communication Services, Industry: Integrated Telecommunication Services
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USD 28.58    +0.0 (+0%)
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24 May 2021


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General

Description

China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 108 million fixed-line subscribers, 170 million broadband customers, and 372 million wireless subscribers, having overtaken China Unicom to become the second- largest wireless operator in China, behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with 470,000 cabinets.

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