China Telecom (HK:0728) has released an update.
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China Telecom has reported an increase in mobile subscribers to 415.38 million in May 2024, with a notable growth in 5G package subscribers now totaling 334.26 million. The company also saw a rise in wireline broadband subscribers, reaching 192.84 million, despite a slight decrease in access lines in service. Investors are reminded to consider these operating statistics with caution as they are based on internal data.
For further insights into HK:0728 stock, check out TipRanks’ Stock Analysis page.