China Telecom Sustains Fast Growth

China Telecom said that its operating revenues rose 15.1% year on year in the first three quarters of 2012 to 209.98 billion Chinese yuan (33.64 billion US dollars), marking a slight acceleration over the 14.8% growth in the first half. Operating revenues excluding mobile device sales rose 11.1% year-on-year to 191.57 billion yuan.

China Telecom reported its mobile subscribers at the end of September were almost 153 million compared with 117 million a year earlier, while 3G subscribers climbed to almost 60 million from 28 million. Wireline broadband subscribers at the end of September were almost 87 million up from 74 million a year earlier. source: China Telecom statement