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China Telecom Adds 2.4 Million 5G Package Subscribers in June
China Telecom's (HKG:0728, SHA:601728) 5G package subscribers rose by around 2.4 million in June, bringing its 5G user base to 336.6 million as of June 30, a Friday bourse filing said.The
China Telecom released its June operational data: 0.3366 billion 5G package users.
China Telecom (00728.HK) released its operation data for June 2024. In June 2024, the number of mobile users reached 416.85 million households, with a net increase of 1.47 million users for the month. The number of 5G package users reached 336.63 million households, with a net increase of 2.37 million users for the month. The number of wired broadband users reached 193.35 million households, with a net increase of 0.51 million users for the month. The number of fixed telephone users was 99.16 million households.
Beijing Dahao Technology Corp., Ltd. (603025.SH): Its holding subsidiary has preliminary cooperation with China Telecom's subsidiary, China Telecom Quantum Information Technology Group, on products such as quantum encryption machines.
On July 19, GeLongHui reported that Beijing Dahao Technology Corp., Ltd. (603025.SH) stated on its interactive platform that its controlling subsidiary, XingHan Internet, has had initial cooperation with China Telecom's subsidiary, China Telecom Quantum Information Technology Group, on products such as quantum encryption machines. Some of the cooperative products are still in the research and development or confidential testing phases of regulatory departments, and the subsequent sales scale progress needs to match the overall market development. After joining Beijing State-owned Assets, XingHan Internet actively participated in the selection of quantum-based platform products of various types developed by China Telecom Quantum, based on its own rich product resources, and sent products for testing in projects such as gigabit and terabit gateway and server cipher machines.
Nomura Adjusts China Telecom's Price Target to HK$5.80 From HK$5.10, Keeps at Buy
04:40 AM EDT, 07/19/2024 (MT Newswires) -- Nomura Adjusts China Telecom's Price Target to HK$5.80 From HK$5.10, Keeps at BuyPrice (HKD): $4.78, Change: $+0.04, Percent Change: +0.84%
Express News | China Telecom Says June Net Increase of Mobile Subscribers 1.5 Million
Express News | China Telecom Says June 5G Package Subscribers 336.6 Mln
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