Boosted by the acquisition of China Unicom's CDMA mobile operations, China Telecom said that its operating revenues grew 15% year-on-year to 102.55 billion Chinese yuan (15.01 billion US dollars) in the first half of 2009.
China Telecom, which now has more than 39 million mobile subscribers, said that in June 2009 it accounted for 29% of net additions in the Chinese mobile market compared with just 12% in January 2009. It added that its wireline broadband customers and wireless Internet access customers have increased by 4.8 million and 1.6 million on a net basis, reaching a total of 49 million and 4 million respectively.
Revenue from wireline broadband access reached 22.75 billion yuan, an increase of 18% compared with the same period of last year. Capital expenditure was 17.03 billion yuan, a decline of 9% compared with the first half of 2008. source: China Telecom statement