China Telecom's net profit in the first three quarters 12.6 billion

Fixed-line local telephone users continue to negative growth sun into China Telecom (00728.HK) yesterday released the first three quarterly earnings, 1 ~ September China Telecom to achieve net profit of 12.593 billion yuan, an increase of 10.5%; Revenue 163.16 billion yuan, the year-on-year increase of 5.4%. Business growth, the first three quarters of fixed-line local telephone users continue to negative growth, mainly because of mobile communication substitution intensified, PHS users off the net.　　To this end, China Telecom to take targeted binding measures to control low-end user marketing input, at the same time, the Internet and the good growth of data services also slowed down the impact of the loss of fixed-line voice business. As at the end of September, China Telecom fixed-network broadband users reached 61.07 million, the first three quarters net increase of 7.61 million households.　　The fundamentals of the overall ftns business continue to remain stable, with a slight decline in the overall ftns revenue as in the previous year.　　and mobile business, as at the end of September China Telecom CDMA users 82.98 million, of which 3G users 9.15 million, the first three quarters net increase in CDMA users 26.89 million households, mobile service income per household (ARPU) compared with the year before, a slight decline. Jingdong, Deputy chief engineer of China Telecom Group, said yesterday that the target of 8 million users of China Telecom 3G should be achieved this year, with new targets expected to be higher next year. And China Mobile and unicom this year's 3G new user target of 10 million households.