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China Telecom Corp Ltd (CHA.N)

CHA.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

China Telecom Opens To Talks On Co-building 5G Network, Sets 5G Capex at 9 Bln Yuan
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - China Telecom Corp Ltd <0728.HK>::SAYS IT HAS REACHED "HIGH LEVEL OF MUTUAL UNDERSTANDING" ABOUT CO-BUILDING 5G NETWORK WITH CHINA UNICOM HONG KONG LTD <<<0762.HK>>>.SAYS OPEN TO TALKS WITH OTHER PLAYERS INCLUDING CHINA MOBILE.SAYS CO-BUILDING AND SHARING WILL SAVE COSTS AND IMPROVE EFFICIENCY.SAYS IT IS CONDUCTING TESTS WITH CHINA UNICOM ABOUT TECHNICAL SOLUTIONS FOR CO-BUILDING THE NETWORK.SAYS IF CHINA MOBILE JOINS FOR A THREE-PARTY CO-BUILDING IN LOW DENSITY AREAS THERE COULD BE EVEN GREATER SAVINGS.SAYS 2019 5G CAPEX BUDGET REMAINS UNCHANGED AT 9 BILLION YUAN ($1.27 billion).  Full Article

China Telecom Corp Posts HY Profit Attributable RMB13,909 Million
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - China Telecom Corp Ltd <0728.HK>::CHINA TELECOM CORP LTD - HY PROFIT ATTRIBUTABLE WAS RMB13,909 MILLION, INCREASED BY 2.5% OVER SAME PERIOD LAST YEAR.CHINA TELECOM CORP LTD - HY OPERATING REVENUES AMOUNTED TO RMB190,488 MILLION UP BY 2.8%.CHINA TELECOM CORP LTD- AS AT JUNE END, TOTAL NUMBER OF MOBILE SUBSCRIBERS WAS 323 MILLION, WITH A NET INCREASE OF 20.48 MILLION FROM END OF LAST YEAR.CHINA TELECOM CORP LTD - AS AT JUNE END, TOTAL WIRELINE BROADBAND SUBSCRIBERS 150 MILLION, WITH A NET INCREASE OF 4.39 MILLION FROM END OF LAST YEAR.CHINA TELECOM CORP LTD - SEEN NEW CHALLENGES ARISING FROM NETWORK EVOLUTION AND BUSINESS MODELS IN 5G ERA.CHINA TELECOM - NEW CHALLENGES FROM SEVERE LANDSCAPE WITH EXTERNAL ENVIRONMENT COMPLICATED,TRADITIONAL CONSUMER MARKET BECOMES MORE SATURATED.  Full Article

Chelsea Logistics And Infrastructure Confirms Mislatel Consortium Secured License To Operate
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Chelsea Logistics And Infrastructure ::MISLATEL CONSORTIUM TO INVEST 257 BILLION PESOS OVER 5 YRS, INCLUDES 150 BILLION PESOS IN FIRST YEAR OF OPERATIONS.CONFIRMS MISLATEL CONSORTIUM COMPRISING OF DENNIS UY & CHINA TELECOM SECURED LICENSE FROM GOVERNMENT TO OPERATE.  Full Article

China Telecom Corp FY Profit Attributable Up 13.9 Pct
Tuesday, 19 Mar 2019 

March 19 (Reuters) - China Telecom Corp Ltd <0728.HK>::FY PROFIT ATTRIBUTABLE RMB21,210 MILLION, UP BY 13.9%.FY OPERATING REVENUES REACHED RMB377,124 MILLION, UP BY 3.0%.FY TOTAL NUMBER OF WIRELINE BROADBAND SUBSCRIBERS REACHED 146 MILLION, WITH A NET INCREASE OF 12.26 MILLION.DECLARES FINAL DIVIDEND OF HK$0.125 PER SHARE.FY TOTAL NUMBER OF MOBILE SUBSCRIBERS REACHED 303 MILLION, WITH A NET INCREASE OF 53.04 MILLION.  Full Article

China Telecom Corp Appoints Wang Guoquan As An Executive Vice President
Monday, 11 Mar 2019 

March 11 (Reuters) - China Telecom Corp Ltd <0728.HK>::CHINA TELECOM CORP LTD - WANG GUOQUAN HAS BEEN APPOINTED AS AN EXECUTIVE VICE PRESIDENT.  Full Article

China Telecom Says Ke Ruiwen To Exercise Powers Of Chairman, CEO Till New Appointment Made
Friday, 8 Mar 2019 

March 8 (Reuters) - China Telecom Corp Ltd <0728.HK>::KE RUIWEN TO EXERCISE POWERS OF CHAIRMAN AND CEO WITH EFFECT FROM 8 MARCH 2019 UNTIL NEW APPOINTMENT IS MADE BY BOARD.  Full Article

China Telecom Corp Says Yang Jie Resigs As Chairman
Monday, 4 Mar 2019 

March 4 (Reuters) - China Telecom Corp Ltd <0728.HK>::YANG JIE HAS RESIGNED FROM HIS POSITION AS CHAIRMAN.YANG JIE APPOINTED AS CHAIRMAN OF CHINA MOBILE COMMUNICATIONS GROUP CO., LTD...YANG JIE HAS RESIGNED FROM HIS POSITIONS AS EXECUTIVE DIRECTOR, CHAIRMAN AND CEO.  Full Article

Singapore's GIC Sells Shares In China Telecom - HKEx Filing
Friday, 7 Dec 2018 

Dec 7 (Reuters) - China Telecom Corp Ltd <0728.HK>::SINGAPORE'S GIC SELLS 24.41 MLN SHARES IN CHINA TELECOM AT AN AVERAGE PRICE OF HK$4.0080 EACH ON DEC 6 - HKEX FILING.SINGAPORE'S GIC OWNS 4.93 PERCENT STAKE IN CHINA TELECOM AFTER THE TRANSACTION FROM 5.11 PERCENT PREVIOUSLY - HKEX FILING.  Full Article

Keysight Technologies, China Telecom Collaborate To Accelerate Commercial Deployment Of 5G Technology
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Keysight Technologies Inc ::KEYSIGHT TECHNOLOGIES INC SAYS EXTENDED ITS COLLABORATION WITH CHINA TELECOM TO ACCELERATE COMMERCIAL DEPLOYMENT OF 5G TECHNOLOGY.KEYSIGHT TECHNOLOGIES SAYS EXTENDED COLLABORATION SUPPORTS CHINA TELECOM'S 5G NEW RADIO DEVICE TRIALS USING CO'S 5G NR NETWORK EMULATION SOLUTIONS.  Full Article

Nokia Signs Frame Agreements Worth More Than EUR 2 Billion With Three Chinese Operators
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Nokia Oyj ::NOKIA SIGNS FRAME AGREEMENTS WORTH MORE THAN EUR 2 BILLION WITH THREE CHINESE OPERATORS.CONTRACTS SIGNED WITH CHINA MOBILE, CHINA TELECOM AND CHINA UNICOM AT CHINA INTERNATIONAL IMPORT EXPO IN SHANGHAI.NOKIA - AGREEMENTS COVER DELIVERY THROUGH TO END-2019 OF RADIO AND FIXED ACCESS EQUIPMENT; IP ROUTING AND OPTICAL TRANSPORT EQUIPMENT AMONG OTHERS.NOKIA - AGREEMENTS WILL INCREASE NETWORK SPEED,CAPACITY,IMPROVE RELIABILITY ACROSS CHINA, INTRODUCE NEW CAPABILITIES AS OPERATORS EVOLVE TOWARD 5G.  Full Article

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Senators want FCC to review Chinese telecom approvals to operate in U.S.

WASHINGTON Two U.S. senators on Monday asked the FCC and national security agencies to review whether two Chinese state-owned telecom companies should be allowed to operate in the United States, at a time of heightened concern about possible Chinese spying.