Company Profile For China Telecom Corporation Limited

China Telecom Corporation Limited is an integrated information service provider in the People’s Republic of China. The Company offers a range of telecommunication services, including wireline voice services, mobile voice services, Internet access services, value-added services, integrated information application services, managed data and leased line services and other related services. On October 1, 2008, the Company completed the acquisition of China Unicom (Hong Kong) Limited and China Unicom Corporation Limited. In July 2008, the Company completed the acquisition of China Telecom Group Beijing Telecom. On July 27, 2008, China Telecom Group, Unicom Group, and Unicom New Horizon Mobile Telecommunications Company Limited (Unicom New Horizon), entered into a code division multiple access (CDMA) network disposal agreement, pursuant to which Unicom Group and Unicom New Horizon sold the CDMA cellular telecommunications network constructed by Unicom New

BRIEF: For the six months ended 30 June 2009, China Telecom Corporation Limited's revenues increased 14% to RMB103.15B. Net income decreased 29% to RMB9B. Revenues reflect an increase in sales from internet operations, higher contribution from integrated information application services and increased income from value-added services. Net income was offset by higher network operations & support expense and a rise in personnel expenses.

China Telecom Corporation Limited
31 Jinrong Avenue
Xicheng District
Beijing     100140
P: +8610.66428166
F: +8610.66010728

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