China Telecom (HK:0728) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
China Telecom Corporation Limited disclosed its operating statistics for August 2024, revealing a growth in mobile subscribers by 1.68 million to a total of 420.74 million, with a notable rise of 3.14 million in 5G package subscriptions. Additionally, the company’s wireline broadband subscribers increased by 0.73 million, despite a slight decline in the number of access lines in service. Investors are advised to treat these internal statistics with caution when dealing with the company’s securities.
For further insights into HK:0728 stock, check out TipRanks’ Stock Analysis page.