Zheng Quan Shi Bao·2025-08-14 18:21Core Insights - China Telecom reported a revenue of 269.4 billion yuan for the first half of 2025, a year-on-year increase of 1.3%, with service revenue at 249.1 billion yuan, up 1.2% [2] - The net profit for the same period was 23 billion yuan, reflecting a growth of 5.5%, and basic earnings per share were 0.25 yuan [2] - The company continues to focus on innovation-driven development, with steady growth in basic services and rapid expansion in strategic emerging businesses [2] Business Segment Performance - Mobile communication service revenue reached 106.6 billion yuan, growing by 1.3% year-on-year [2] - Fixed-line and smart home service revenue was 64.1 billion yuan, with a slight increase of 0.2% [2] - Key emerging product revenues showed significant growth: Tianyi Cloud revenue was 57.3 billion yuan; smart revenue surged by 89.4% to 6.3 billion yuan; security revenue increased by 18.2% to 9.1 billion yuan; video network revenue grew by 46.2%; satellite revenue rose by 20.5%; and quantum revenue skyrocketed by 171.1% [2] Dividend Distribution - The board of China Telecom decided to distribute an interim dividend for 2025, with a cash payout representing 72% of the net profit attributable to shareholders, amounting to 0.1812 yuan per share (including tax), an increase of 8.4% year-on-year [2] Technological Advancements - The company is enhancing its intelligent cloud system centered around its core technology "Xirang," providing integrated services of computing power, platforms, data, models, and applications [2] - In the IaaS layer, the total scale of self-owned and accessed computing power reached 77 EFLOPS, offering heterogeneous computing power services [3] - The PaaS layer is focused on upgrading intelligent computing platforms to provide one-stop computing power scheduling and AI development services [3] - The DaaS layer is developing the "Xinghai" data intelligence platform, integrating various data sets, totaling over 350 TB [4] - The SaaS layer is creating standardized AI products to meet the digital needs of production, life, and governance [4] Industry Trends - The global technological innovation landscape is experiencing unprecedented activity, with AI and quantum technology leading a new wave of technological revolution and industrial transformation [4] - China Mobile reported a revenue of 543.8 billion yuan for the first half of 2025, with a net profit of 84.2 billion yuan, while China Unicom achieved a revenue of 200.2 billion yuan [5] - All three major telecom operators are focusing on the AI sector, with China Mobile's AI-related revenue reaching several billion yuan [5] - China Unicom's AI business is becoming a new growth point, with plans to expand intelligent computing centers in various regions [5]