China Telecom Chairman: No issue a-share plan

Wang, China Telecom's chairman and chief executive, said yesterday that the company currently has no plans to issue a A-shares and introduce strategic investors because interest rates are low and, compared with equity financing, current debt financing is more beneficial to shareholders, according to the Wednesday report by 0728-HK.　　He also said that China Telecom would follow the plan to carry out overseas operations, but there is no large-scale overseas mergers and acquisitions plan, but also want to focus on the domestic telecommunications business. Wang said he had not heard of the market rumours about the cancellation of fixed-line telephone rental fees and roaming fees. He said that if the mainland implementation of the abolition of fixed-line telephone rental fee, the current 200 million fixed network users of China Telecom has a large impact, but some customers have been paid through the monthly fee, I hope that the impact of the fixed-net rental fee will be gradually reduced.