China Telecom expects revenue surge in 2021

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The emblem of China Telecom. [Photo/IC]

BEIJING — China Telecom, one of many nation’s main telecom giants, anticipated its web revenue surge in 2021 amid the efforts in digital transformation and technological innovation.

Web revenue attributable to shareholders for the agency is predicted to rise by 23 to 25 p.c year-on-year in 2021, mentioned an announcement it filed with the Shanghai Inventory Alternate.

The corporate’s enterprise income is forecast to climbed 10 to 12 p.c year-on-year through the interval.

By the tip of final 12 months, the corporate’s cell phone service customers reached 372 million, inside which over 50 p.c used 5G providers. The variety of its cable broadband customers neared 170 million in the identical interval.



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