Zheng Quan Shi Bao Wang·2025-10-21 12:04Core Insights - China Telecom reported a revenue of 394.3 billion yuan for the first three quarters of 2025, a year-on-year increase of 0.6%, with service revenue at 366.3 billion yuan, up 0.9% [1] - The net profit attributable to shareholders reached 30.8 billion yuan, reflecting a growth of 5% [1] - The company is focusing on transforming into a service-oriented, technology-driven, and secure enterprise, emphasizing high-quality development [1][3] Financial Performance - For the first three quarters of 2025, China Telecom's operating costs were 274.8 billion yuan, a slight increase of 0.1% [2] - Sales expenses decreased by 1.4% to 38.9 billion yuan, while management expenses rose by 0.7% to 27.1 billion yuan [2] - Research and development expenses increased by 4.4% to 9.1 billion yuan, focusing on core technology advancements [2] Business Development - The number of 5G network users reached 290 million, with a penetration rate of 66.9% [1] - Mobile internet traffic grew by 16.9%, with a daily average usage (DOU) of 22.3 GB, up 11.4% [1] - New business segments showed significant growth, with IDC revenue at 27.5 billion yuan (up 9.1%), security revenue at 12.6 billion yuan (up 12.4%), and intelligent revenue increasing by 62.3% [2] Strategic Initiatives - China Telecom is implementing a "cloud transformation and intelligent upgrade" strategy, focusing on integrating basic and data-driven businesses [3] - The company aims to enhance digital infrastructure and leverage artificial intelligence to benefit various industries and households [3] - Future plans include strengthening core functions and competitiveness to build a world-class enterprise [3]