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China Telecom Corp Ltd (0728.HK)

0728.HK on Hong Kong Stock

2.31HKD
3 Aug 2020
Change (% chg)

HK$0.00 (+0.00%)
Prev Close
HK$2.31
Open
HK$2.29
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HK$2.33
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HK$2.29
Volume
55,464,807
Avg. Vol
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HK$3.81
52-wk Low
HK$2.01

Latest Key Developments (Source: Significant Developments)

China Telecom Corp Posts Qtrly Profit Attributable Of RMB5,822 Mln
Thursday, 23 Apr 2020 

April 23 (Reuters) - China Telecom Corp Ltd <0728.HK>::QTRLY PROFIT ATTRIBUTABLE RMB5,822 MLN, DOWN 2.2% .Q1 OPERATING REVENUES RMB94,793 MILLION VERSUS RMB96,135 MILLION.MOBILE SUBSCRIBERS 336.55 MILLION AS AT MARCH 31.WIRELINE BROADBAND SUBSCRIBERS 152.32 MILLION AS AT MARCH 31.COMPANY ACCELERATED UPGRADE OF 4G SUBSCRIBERS TO 5G.  Full Article

China Telecom Corp's FY Profit Attributable Decreased 3.3%
Tuesday, 24 Mar 2020 

March 24 (Reuters) - China Telecom Corp Ltd <0728.HK>::FY OPERATING REVENUES RMB375,734 MILLION, DECREASED BY 0.4%.FY PROFIT ATTRIBUTABLE RMB20,517 MLN, REPRESENTING A DECREASE OF 3.3%.RECOMMEND FINAL DIVIDEND EQUIVALENT TO HK$0.125 PER SHARE.OUTBREAK OF CORONAVIRUS EPIDEMIC SINCE BEGINNING OF 2020 IMPACTED BUSINESS DEVELOPMENT & NETWORK CONSTRUCTION OF CO.ARE FACING NEW CHALLENGES IN DYNAMIC GLOBAL SITUATION & LANDSCAPE, WITH ECONOMIES OF SCALE FOR 5G INDUSTRY YET TO EMERGE.BY END OF FEBRUARY 2020, SCALE OF CO'S 5G PACKAGE SUBSCRIBERS REACHED 10.73 MILLION.BY END OF 2019, INVESTED RMB9.3 BILLION TO BUILD 40 THOUSAND 5G BASE STATIONS.BY END OF 2019, CO-SHARED MORE THAN 20 THOUSAND OF CHINA UNICOM'S 5G BASE STATIONS.  Full Article

China Telecom Says Li Zhengmao Appointed As President And Chief Operating Officer
Monday, 23 Mar 2020 

March 23 (Reuters) - China Telecom Corp Ltd <0728.HK>::LI ZHENGMAO HAS BEEN APPOINTED AS PRESIDENT AND CHIEF OPERATING OFFICER.KE RUIWEN, CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF COMPANY, NO LONGER HOLDS OFFICES OF PRESIDENT AND CHIEF OPERATING OFFICER.  Full Article

GIC Increases Long Position In China Telecom To 8.0% - HKEX Filing
Wednesday, 5 Feb 2020 

Feb 5 (Reuters) - China Telecom Corp Ltd <0728.HK>::GIC BOUGHT 9.1 MLN SHARES IN CHINA TELECOM CORP LTD <<<0728.HK>>> AT AVG PRICE OF HK$3.04 ($0.3916) PER SHARE ON JAN 31.GIC'S LONG POSITION IN CHINA TELECOM ROSE TO 8.03% FROM 7.96% AFTER THE TRANSACTION.  Full Article

China Telecom Says Gao Tongqing Has Resigned As An Executive Director And Executive Vice President
Friday, 17 Jan 2020 

Jan 17 (Reuters) - China Telecom Corp Ltd <0728.HK>::GAO TONGQING HAS RESIGNED FROM HIS POSITIONS AS AN EXECUTIVE DIRECTOR AND EXECUTIVE VICE PRESIDENT.  Full Article

GIC Private Ltd Buys H-shares In China Telecom - HKEx Filing
Thursday, 26 Sep 2019 

Sept 26 (Reuters) - Hong Kong stock exchange filing shows::GIC PRIVATE LIMITED BUYS 7.5 MLN H-SHARES IN CHINA TELECOM <<<0728.HK>>> AT AVG PRICE OF HK$3.5433 PER SHARE ON SEPT 24 - HKEX FILING.GIC PRIVATE LIMITED'S LONG POSITION AT CHINA TELECOM INCREASES TO 5.04% FROM 4.99% AFTER TRANSACTION - HKEX FILING.  Full Article

China Unicom Hong Kong Announces Cooperation with China Telecom on 5G Network Co-build Co-share
Monday, 9 Sep 2019 

Sept 9 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>::UNIT ENTERED A FRAMEWORK AGREEMENT WITH CHINA TELECOM CORPORATION OF COOPERATION ON 5G NETWORK CO-BUILD.CHINA UNICOM AND CHINA TELECOM WILL COOPERATE TO CO- BUILD ONE 5G ACCESS NETWORK NATIONWIDE.BOTH PARTIES WILL DELINEATE AND DESIGNATE REGIONS FOR CONSTRUCTION OF 5G NETWORK BY EACH PARTY.SUBSCRIBER OWNERSHIP WILL REMAIN UNCHANGED WHILE INDEPENDENT BRANDING & BUSINESS OPERATION WILL BE MAINTAINED FOR EACH PARTY.COOPERATION WITH CHINA TELECOM WILL ENHANCE REDUCTION OF 5G NETWORK CONSTRUCTION, OPERATION AND MAINTENANCE COSTS.5G NETWORK BASED ON CO-SHARE OF ACCESS NETWORK & 5G SPECTRUM RESOURCES, CORE NETWORK TO BE CONSTRUCTED INDEPENDENTLY.  Full Article

Chelsea Logistics And Infrastructure Says DITO Telecommunity To Invest 20.5 Bln Pesos Over 5 Years
Monday, 9 Sep 2019 

Sept 9 (Reuters) - Chelsea Logistics And Infrastructure <>:::CONFIRMS DITO TELECOMMUNITY CORP TO INVEST 20.5 BILLION PESOS OVER 5-YEAR PERIOD TO BUILD DATA CENTER IN PAMPANGA.CONFIRMS DITO SAID INITIAL INVESTMENT TO REACH 13.6 BILLION PESOS IN FIRST YEAR.  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

Chelsea Logistics And Infrastructure Signs SPA with Udenna Corp & China Telecommunications
Friday, 14 Jun 2019 

June 14 (Reuters) - China Telecom Corp Ltd <0728.HK>::UDENNA CORP, CO & CHINA TELECOMMUNICATIONS CORP SIGNED SHARE-PURCHASE AGREEMENT.SPA FOR MISLATEL CONSORTIUM TO OBTAIN ‘PERMIT TO OPERATE’ IN JULY.  Full Article

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Nokia wins Taiwan Mobile 5G contract worth $450 million

Finnish telecoms equipment maker Nokia Oyj said on Monday it has won a 5G contract worth about 400 million euros ($449.48 million) from Taiwan Mobile to build out the telecom operator's next-generation network as the sole supplier.