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China
Telecom CHA
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NYSE Stock Symbol: CHA
Hong Kong Stock Exchange Symbol: 0728
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38/F,
Dah Sing Financial Center
108 Gloucester Road
WanChai, Hong Kong
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Tel:852
2877 9777
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Website:
http://www.chinatelecom-h.com/eng/global/home.htm
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Jim Trippon Is America's Foremost Expert On China Stock Market Investing
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China Telecom- CHA - 0728 together with
its subsidiaries, is the world's largest wireline telecommunications
and broadband services provider, providing telecommunications
and information services including voice, data, image and
multimedia mainly in 21 provinces, municipalities, and autonomous
regions in China, with about 220 million fixed line subscribers
and over 35 million broadband subscribers. Our H shares and
American Depositary Shares ("ADSs") are listed on The Stock
Exchange of Hong Kong Limited and the New York Stock Exchange
respectively.
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China
Telecom Coverage Area
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OCTOBER 2008
Completion commencement of the CDMA business acquisition
and launch of mobile services operation
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JUNE 2007
Acquisition of China Telecom (HK), China Telecom (Americas)
and China Telecom System Integration from China Telecommunications
Corporation at a purchase price of RMB1.4 billion, expanding
markets for the Company’s development.
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2006
Strategic transformation gaining momentum with integrated
development of voice and non-voice businesses and driving
sustained growth; revenue from non-voice business representing
29% of total operating revenues (excluding amortisation
of upfront connection fees)
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OCTOBER 2005
Issued 6-month, RMB10 billion denominated short term
commercial paper with an annual interest rate of 2.54%.
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JUNE 2004
Acquisition of ten telecom companies as its wholly-owned
subsidiaries, including Hubei Telecom, Hunan Telecom,
Hainan Telecom, Guizhou Telecom, Yunnan Telecom, Shaanxi
Telecom, Gansu Telecom, Qinghai Telecom, Ningxia Telecom
and Xinjiang Telecom from China Telecommunications Corporation
at a purchase price of RMB27.8 billion, expanding the
Company’s service areas to 20 provinces.
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MAY 2004
Global Offering of approximately 5.3 billion new H shares
with net proceeds of approximately US$1.5 billion.
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NOVEMBER 2002
The Company was listed on The Stock Exchange of Hong
Kong Limited and the New York Stock Exchange with net
proceeds from IPO of approximately US$1.3 billion.
H share: The Stock Exchange of Hong Kong Limited HKEx:728
ADS: New York Stock Exchange Inc. NYSE:CHA
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SEPTEMBER 2002
Establishment of the Company with service areas including
Shanghai, Guangdong, Jiangsu and Zhejiang. |
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Images
& Information courtesy of ChinaTelecom-h.com
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