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The latest announcement is out from China Telecom ( (HK:0728) ).
China Telecom reported that its mobile subscriber base reached 440.55 million in the first quarter of 2026, adding 1.90 million users during the period, while 5G network subscribers climbed to 314.13 million with a quarterly net increase of 12.32 million. Wireline broadband customers rose modestly to 201.56 million, with a net addition of 0.44 million, as the board cautioned investors that these figures are based on internal statistics and urged prudence when trading the company’s shares.
The continued strong growth in 5G users underlines China Telecom’s push to deepen its position in next‑generation mobile services, even as overall mobile subscriber additions remain relatively moderate. The more subdued increase in broadband lines suggests a maturing fixed‑line market, placing greater strategic weight on 5G expansion and potentially affecting revenue mix and capital allocation priorities for the group and its shareholders.
The most recent analyst rating on (HK:0728) stock is a Buy with a HK$6.21 price target. To see the full list of analyst forecasts on China Telecom stock, see the HK:0728 Stock Forecast page.
More about China Telecom
China Telecom Corporation Limited is one of China’s major integrated telecommunications operators, providing mobile, wireline broadband and related network services across the country. Listed in Hong Kong, the group focuses on expanding its 5G user base and broadband footprint in a highly competitive domestic telecoms market.
Average Trading Volume: 62,431,401
Technical Sentiment Signal: Buy
Current Market Cap: HK$605.1B
For an in-depth examination of 0728 stock, go to TipRanks’ Overview page.