2025年第二季度，有线宽带用户数约1.99亿户，当季净增49万户。 中国电信（601728）(00728)发布公告，2025年第二季度，移动用户数约4.33亿户，当季净增324万户。 其中，5G网络用户数约2.82亿户，当季净增1581万户。 ...

Core Viewpoint - China Telecom (601728) reported a mid-term performance for the period ending June 30, 2025, showing a revenue of RMB 271.469 billion, a year-on-year increase of 1.3%, and a net profit attributable to shareholders of RMB 23.017 billion, up 5.52% year-on-year [1] Financial Performance - The company proposed an interim dividend of RMB 0.1812 per share [1] - Mobile communication service revenue reached RMB 106.6 billion, growing by 1.3% year-on-year [1] - Fixed-line and smart home service revenue amounted to RMB 64.1 billion, with a slight increase of 0.2% year-on-year [1] - The total number of mobile users reached 433 million, while broadband users reached 199 million [1] - Mobile ARPU (Average Revenue Per User) stood at RMB 46.0, and broadband comprehensive ARPU was RMB 48.3 [1] Business Segments - Revenue from industrial digitalization reached RMB 74.9 billion, with AIDC (Artificial Intelligence Data Center) revenue growing by 7.4% year-on-year [1] - Key products in strategic emerging sectors showed rapid growth, with Tianyi Cloud revenue at RMB 57.3 billion [1] - Smart revenue surged to RMB 6.3 billion, marking an impressive year-on-year growth of 89.4% [1] - Security revenue increased by 18.2% year-on-year to RMB 9.1 billion [1] - Video network revenue grew by 46.2% year-on-year, while satellite revenue increased by 20.5% [1] - Quantum revenue experienced a remarkable growth of 171.1% year-on-year [1]

Investment Rating - The industry investment rating is "Outperform the Market" [1][43] Core Insights - The report highlights a continuous growth trend in the market, with the Shanghai Composite Index rising by 3.54% in July 2025, while the communication sector increased by 10.7% and the computer sector by 3.86% [5][12] - The AI industry is experiencing significant growth, with the scale of China's AI industry expected to exceed 700 billion yuan in 2024, maintaining a growth rate of over 20% [23] - The demand for AI computing power is surging, driven by the widespread adoption of AI applications, which is expected to sustain high market activity in China's AI computing sector [5][12] Summary by Sections Market Review - From July 1 to July 31, 2025, the communication sector saw a notable increase, with Nvidia receiving U.S. government approval to resume sales of its "special version" H20 chips to China [5][12] - The report indicates that the top ten domestic telecom server manufacturers include ZTE, Inspur, and others, with ZTE holding a market share of 20.51% [37][40] Communication Industry - The domestic telecom business revenue reached 162.95 billion yuan in June 2025, reflecting a year-on-year growth of 4.86% [15][17] - The three major telecom operators are enhancing their AI capabilities, with significant investments in AI models and intelligent agents [6][23][29] Computer Industry - The domestic software industry reported revenues of 1,479.6 billion yuan in June 2025, marking a year-on-year increase of 13.53% [30] - The report notes that the domestic server market is expected to grow rapidly over the next three years, driven by increasing demand for domestic servers and technological innovation [7][40]

2025年第二季度主要運營數據 中國電信股份有限公司（「本公司」）董事會（「董事會」）宣佈2025年第二季度本公司及 其附屬公司（統稱「本集團」）的主要運營數據。 2025年第二季度主要運營數據公佈如下： | | 2025年二季度 | | --- | --- | | 移動用戶數（百萬戶） | 432.71 | | 當季淨增用戶數（百萬戶） | 3.24 | | 其中：5G網絡用戶數（百萬戶） | 282.02 | | 當季淨增用戶數（百萬戶） | 15.81 | | 有線寬帶用戶數（百萬戶） | 198.60 | | 當季淨增用戶數（百萬戶） | 0.49 | (股份編號：728) 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲 明，並明確表示概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 China Telecom Corporation Limited 中国电信股份有限公司 ( 於中華人民共和國註冊成立之股份有限公司 ) 董事會謹此提醒投資者，以上運營數據為本集團內部統計數據，投資者應小心以免不恰當地倚賴 該等 ...

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 對 因 本 公 告 全 部 或 任 何 部 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 China Telecom Corporation Limited 中国电信股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 之 股 份 有 限 公 司） （股 份 編 號：728） 截 至2025年6月30日止之中期業績公佈 要 點 – 1 – — 公司經營收入為人民幣2,715億 元，同 比 增 長1.3%，其 中 服 務 收 入 為 人 民 幣2,491億 元，同 比 增 長1.2%。EBITDA為人民幣806億 元，同 比 增 長4.9%。 淨利潤為人民幣230億 元，同 比 增 長5.5%，每 股 基 本 淨 利 潤 為 人 民 幣0.25 元 — 公 司 持 續 推 動 創 新 引 領 的 基 礎 ...

中国电信：上半年净利润230.2亿元人民币。 ...

中国电信8月14日公告，2025年上半年营业收入为2694.22亿元，同比增长1.3%；归母净利润为230.17亿 元，同比增长5.5%。董事会决议通过的本报告期利润分配预案或公积金转增股本预案为，按照2025年 中期归属于公司股东的净利润人民币230.2亿元的72%向全体股东分配股息，合计人民币165.8亿元，以 实施权益分派股权登记日当日登记的总股本为基数，按照截至2025年6月30日公司总股本915.07亿股进 行测算，向全体股东派发每股人民币0.1812元股息(含税)。 ...

证券之星消息，根据天眼查APP-财产线索数据整理，根据西安浐灞国际港财政金融局月8日11发布的 《西安浐灞国际港财政金融局财政业务系统升级扩容服务项目中标（成交）结果公告》内容显示，中国 电信股份有限公司中标，详情如下： 标题：西安浐灞国际港财政金融局财政业务系统升级扩容服务项目中标（成交）结果公告 采购方：西安浐灞国际港财政金融局 供应商：中国电信股份有限公司西安分公司 中标金额：649900.0 地区：陕西省 发布日期：2025-08-11 通过天眼查大数据分析，中国电信股份有限公司共对外投资了88家企业，参与招投标项目118820次；财 产线索方面有商标信息285条，专利信息17151条，著作权信息7388条；此外企业还拥有行政许可72个。 数据来源：天眼查APP 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

Core Viewpoint - The article highlights the dedication and contributions of Chai Ruifeng, a communication maintenance worker in the remote area of Moerdaoga, Inner Mongolia, who has spent 15 years ensuring reliable communication in extreme conditions, earning the trust and respect of local military and civilian communities [1][5]. Group 1: Personal Commitment and Challenges - Chai Ruifeng has traveled over 600,000 kilometers in 15 years, equivalent to circling the Earth 15 times, to maintain communication in a vast area of 12,000 square kilometers of original forest [1]. - He faced extreme weather conditions, including temperatures as low as -54°C, and has experienced significant physical strain due to his demanding work environment [1][4]. - The maintenance of communication often involved navigating dangerous ice-covered roads, where he risked his life to ensure connectivity for border defense troops [3]. Group 2: Community Impact and Recognition - Chai's efforts have led to the establishment of over 70 new communication stations, ending a 22-year history of "information isolation" for several forest areas [4]. - His work has been recognized with multiple awards, including the National Labor Model, reflecting his commitment to public service and community welfare [5]. - The trust and appreciation from local soldiers and users are evident, as they regard him as a reliable figure in times of need, highlighting the strong bond he has built with the community [2][3].

记者丨肖潇 蔡欣佁 编辑丨王俊 近日，漫画家杨笑汝在微博讲述的遭遇引发热议。她接到自称电信员工的来电，以"实名认证 过期"为名，上门拍照、扫描身份证，最终却被要求在一份抬头为"甜橙融租"的合同上签字。 签下这份合同的那一刻起，杨笑汝的月付话费，就变成了一笔为期36个月的贷款。 这篇转发破万的帖子下，有百位消费者分享类似经历。大部分控诉背后都有一个营业员当面 赠送的电子产品，手机、智能音箱、智能手表、路由器…… 它们最终与一份分期合同绑定， 公开资料显示，相关事件中的金融机构或由运营商控股，或与运营商长期合作。背后的资金 流转较为复杂，也让监管犯了难： 通信运营商和金融机构分属不同监管部门，更让线下销售 成了一个难规范、难追责的"灰色场景" 。 素喜智研高级研究员苏筱芮认为，要真正解决问题，可能需要金融监管联合市场监管部门， 从持牌金融机构入手，从源头上规范其与运营商的合作行为。 坚称"不是贷款，不用操心" "告知书不是我举着拍照的，合同签名是电脑打字，旁边的笔签也不是我签的，这字迹一眼就 不是我的。" 冯伟回想起来还是觉得很荒唐。当时他坐在河南一地方电信营业厅，想给姥姥买部新手机。 营业员推荐199元话费套餐 ...