China Telecom said that its operating revenues, excluding the amortisation of upfront connection fees, climbed 11.7% year-on-year in the first half of 2011 to 120.11 billion Chinese yuan (18.8 billion US dollars).
China Telecom said its total number of mobile subscribers reached 108 million at the end of June, representing a net addition of 17.85 million from the end of last year. Of which, 21.54 million were 3G subscribers, representing a net increase of 9.25 million from the end of 2010. Total number of (fixed-line) broadband subscribers reached 70.09 million, representing a net addition of 6.61 million from the end of last year.
The telco said that in the first half of the year, "we achieved a critical breakthrough in 3G smartphones. There are over 100 3G smartphone models available for sale, and the sales of 3G smartphones priced around 1,000 yuan (157 US dollars) outperformed our peers."
It added that "technologies such as Deep Packet Inspection (DPI) have been deployed to reinforce the identification capability of the mobile network on customers and services, and to implement the precise mobile traffic management." Capital expenditure for the first half was 20.97 billion yuan. source: China Telecom statement