China Telecom reported 1Q2015 operating revenues of RMB81,453 million, representing a decrease of 2.1% over the same period of last year. Service revenues were RMB72,704 million, representing a decrease of 0.4% over the same period oflast year. EBITDA was RMB24,525 million, representing a decrease of 2.2% over the same period of last year.
China Telecom added 3.20 million net mobile users in Q1, giving it a total base of 189 million. The carrier was granted an LTE FDD license in February and is planning a quick rollout. Meanwhile, the number of traditional fixed line connections continues to decline.
Key performance indicators (click to enlarge).
