China Telecom said that its operating revenues rose 14.8% year-on-year in the first half of 2012 to 138.02 billion Chinese yuan (21.73 billion US dollars). Excluding sales of mobile devices, the telco's operating revenues climbed 11.2% to 126.58 billion yuan.
China Telecom reported that it now has 144 million mobile connections (including almost 51 million 3G connections), representing a net addition of 17.71 million from the end of last year. The total number of wireline broadband subscribers reached 83.70 million, representing a net addition of 6.89 million from the end of last year.
Selling both the iPhone and low cost smartphones (about 1,000 yuan or 155 dollars), the company said: "In the first half of the year, mobile data revenue was 19.27 billion yuan, representing an increase of 46.7% over the same period last year. Mobile data revenue accounted for 45.3% of the mobile service revenue, which is at an industry-leading level." source: China Telecom statement
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