Zhong Guo Chan Ye Jing Ji Xin Xi Wang·2025-08-25 23:55Core Insights - China Telecom reported a revenue of 271.5 billion yuan for the first half of 2025, reflecting a year-on-year growth of 1.3% [1] - The company is transitioning its strategy from "cloud transformation" to "intelligent cloud transformation," focusing on high-quality development and embracing artificial intelligence [1][4] Financial Performance - Service revenue reached 249.1 billion yuan, up 1.2% year-on-year, with EBITDA at 80.6 billion yuan, a 4.9% increase [1] - Net profit for the period was 23 billion yuan, marking a 5.5% growth, with basic earnings per share at 0.25 yuan [1] - Capital expenditure totaled 34.2 billion yuan, while free cash flow increased by 13.9% to 13.1 billion yuan [1] Business Segments - Mobile communication service revenue was 106.6 billion yuan, growing 1.3% year-on-year, while fixed-line and smart home service revenue reached 64.1 billion yuan, up 0.2% [1] - The number of mobile users stood at 433 million, and broadband users reached 199 million, with mobile ARPU at 46.0 yuan and broadband ARPU at 48.3 yuan [1] - Revenue from digital industry services was 74.9 billion yuan, with AIDC revenue growing by 7.4% [1] Strategic Initiatives - China Telecom is focusing on building an intelligent cloud system centered around its core technology "Xirang," providing integrated intelligent cloud services [3] - The company aims to enhance its AI capabilities across 21 key areas, developing over 160 AI applications to improve efficiency and reduce costs [3][5] - The strategic shift emphasizes customer-centricity, technological innovation, and the integration of digital infrastructure [4][5] Shareholder Returns - The company announced an interim dividend of 0.1812 yuan per share, an increase of 8.4% year-on-year, reflecting its commitment to enhancing shareholder value [2]