China Telecom (00728.HK) released unaudited financial data for the first quarter of 2018. Its operating income was RMB 96.613 billion, an increase of 5.6% over the same period of last year; service income was RMB 87.967 billion, an increase of 7.1% over the same period last year; EBITDA was RMB 26.708 billion, an increase of 6.8% over the same period of last year; profit attributable to shareholders was RMB 5.698 billion, an increase of 6.5% over the same period last year.
During the reporting period, China Telecom's mobile subscribers reached approximately 265 million, a net increase of 15.34 million, of which 4G terminal subscribers reached 200 million, a net increase of 18.22 million; total mobile Internet traffic increased by 343% year-on-year, 4G users monthly The average traffic volume per household reached 3,907MB; the number of wired broadband users reached 137 million, a net increase of 3.76 million, of which FTTH users reached 130 million; Tianyi HD users increased by 7.62 million to 93.38 million.
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