China Telecom Reports Strong Subscriber Growth in October

China Telecom (HK:0728) has released an update.

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China Telecom’s operating statistics for October 2024 reveal robust growth, with a notable increase in mobile and 5G package subscribers, reaching 423.43 million and 347.53 million respectively. The company also saw a rise in wireline broadband subscribers but experienced a slight decrease in access lines in service. These figures highlight China Telecom’s continued expansion in the telecommunications sector.

For further insights into HK:0728 stock, check out TipRanks’ Stock Analysis page.

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