Shulou(Shulou.com)11/24 Report--

CTOnews.com, November 6, according to the official release of China Telecom, on November 6, 2022, China Telecom reached a purchasing cooperation intention with five international partners, including Nokia, Ericsson, Dell, AMD and Samsung, at the Fifth China International Import Expo. The scope of procurement covers data and transmission equipment, fixed network terminals, servers, CPU, mobile phone terminals and other equipment and services.

According to the agreement, the deep cooperation intention reached between China Telecom and its suppliers in 5G, cloud computing, mobile phone terminals and other aspects, it will help China Telecom to further deepen foreign cooperation, expand the industrial ecosystem, safeguard common interests, and enhance the resilience and safety level of the industrial chain supply chain.

China Telecom is an integrated intelligent information service operator, aiming to build a network power and digital China, and maintain the security of network information. China Telecom said it will continue to implement the cloud conversion strategy to build the world's leading boutique network.

CTOnews.com learned that at the end of October this year, China Telecom released its third quarter report for 2022. Operating income in the third quarter was 117.624 billion yuan, up 7.9% from the same period last year, while operating income in the first three quarters was 357.843 billion yuan, up 9.6% from the same period last year. In the third quarter, the net profit was 6.252 billion yuan, up 12% from the same period last year; in the first three quarters, the net profit was 24.543 billion yuan, up 5.2% from the same period last year.

In terms of mobile communications services, in the first three quarters of 2022, China Telecom's revenue from mobile communications services was 148.367 billion yuan, an increase of 5.6 percent over the same period last year, a net increase of 17.46 million mobile users to about 390 million, and a net increase of 63.24 million users of 5G packages to about 251 million, with a penetration rate of 64.4 percent and an ARPU1 of 45.5 yuan for mobile users.

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