Cailian News Agency reported on May 28 that China Telecom's president and chief operating officer Liu Aili said that for the plan to return to the A-share listing, he said that different companies have different considerations. If the company returns to A-shares, it can serve users and share the company's development. However, depending on the capital market, stock price situation, etc., the company is also highly concerned about the situation, but there is no relevant plan for the time being. He also said that it is difficult to predict the amount of 5G investment for the time being, because the 5G standard will be announced in the second half of the year, and it also refers to the importance of online marketing development.
According to the annual report released by China Telecom, China Telecom's annual net profit in 2017 was 18.62 billion yuan, an increase of 3.3% over last year, and the market estimate was 18.08 billion yuan.
The data shows that in 2017, China Telecom's annual operating income was RMB 366.229 billion, an increase of 3.9% over the previous year; service income was RMB 331.104 billion, an increase of 6.9% over last year; the profit attributable to shareholders of the company reached RMB 18.617 billion, an increase over last year. 3.3%.
In terms of user scale, China Telecom's mobile subscribers increased by 34.96 million in 2017, doubling year-on-year. The total number of users reached 250 million, with a market share of 17.6%, up 1.4% year-on-year; 4G users increased by 60.17 million and total users reached 182 million. The number of cable broadband subscribers increased by 10.41 million to 134 million, of which only 100% were users of 100 megabits and above. The number of IoT business connections increased by over 200% year-on-year.
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