China: Telecom revenues augment


(MENAFN) China Telecom, one of China's three major telecom operatives, saw expansion in both revenues and in service incomes in the first three quarters of 2020.

The firm stated in a report that the firm's net incomes reached 18.71 billion yuan (almost USD2.81 billion), augmented 1.7 percent year-on-year.

Operating incomes augmented 3.5 percent from 2019 to 292.61 billion yuan, of which service incomes reached 280.87 billion yuan.

By the end of last month, the firm's mobile subscribers hit 349 million, with the number of 5G package subscribers augmenting to 64.8 million.



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