CHINA TELECOM(SH:601728) Zhi Tong Cai Jing·2025-03-25 09:31Core Insights - China Telecom's net profit attributable to shareholders for 2024 increased by 8.43% to 33.012 billion yuan [1] - The company's total operating revenue reached 523.569 billion yuan, reflecting a year-on-year growth of 3.10% [1] Revenue Breakdown - Mobile communication service revenue reached 202.5 billion yuan, up 3.5% year-on-year, with mobile value-added and application revenue growing by 16.1% [2] - The number of mobile users reached 425 million, with an ARPU of 45.6 yuan [2] - Fixed-line and smart home service revenue amounted to 125.7 billion yuan, a 2.1% increase year-on-year, with smart home business revenue growing by 16.8% [2] - Broadband users reached 197 million, with a comprehensive ARPU of 47.6 yuan [2] - Industrial digitalization revenue was 146.6 billion yuan, up 5.5%, accounting for 30.4% of service revenue, an increase of 0.5 percentage points [2] Business Segments Performance - Tianyi Cloud revenue reached 113.9 billion yuan, growing by 17.1% [2] - IDC revenue was 33 billion yuan, reflecting a 7.3% increase [2] - Security revenue grew by 17.2% to 16.2 billion yuan [2] - Intelligent revenue surged by 195.7% to 8.9 billion yuan [2] - Video network revenue increased by 40.1% year-on-year [2] Strategic Focus - The company attributed its revenue growth to leveraging new technological revolutions and industry transformation trends, as well as responding to new consumer demands [2]