Zheng Quan Ri Bao·2025-10-21 16:37Core Insights - China Telecom reported a revenue of 394.27 billion yuan for the first three quarters of 2025, a year-on-year increase of 0.59%, and a net profit attributable to shareholders of 30.773 billion yuan, up 5.03% year-on-year [2] - In Q3 2025, the company achieved a revenue of 124.848 billion yuan, a decrease of 0.91% year-on-year, while the net profit was 7.756 billion yuan, an increase of 3.6% year-on-year [2] Financial Performance - For the first three quarters of 2025, China Telecom's operating costs were 274.8 billion yuan, an increase of 0.1% year-on-year [3] - Sales expenses were 38.9 billion yuan, down 1.4% year-on-year, while management expenses were 27.1 billion yuan, up 0.7% year-on-year [3] - R&D expenses reached 9.1 billion yuan, a year-on-year increase of 4.4%, focusing on core technologies in network, cloud, AI, quantum, and security [3] Business Development - As of the report date, China Telecom had 290 million 5G network users, with a penetration rate of 66.9% [2] - Mobile internet traffic grew by 16.9% year-on-year, with a data usage per user (DOU) of 22.3 GB, up 11.4% year-on-year [2] - The penetration rate of gigabit broadband users was approximately 31.0% [2] Strategic Emerging Businesses - Revenue from IDC reached 27.5 billion yuan, a year-on-year increase of 9.1% [2] - Security revenue was 12.6 billion yuan, up 12.4% year-on-year [2] - Intelligent revenue grew by 62.3%, video internet revenue increased by 34.2%, satellite communication revenue rose by 23.5%, and quantum revenue surged by 134.6% [2] New Business Initiatives - China Telecom has officially launched eSIM mobile services, previously supporting smartwatches and in-car devices [3] - The company reported a rapid increase in reservations for the eSIM mobile service, indicating strong market interest [3]