CHINA TELECOM(HK:00728) Xin Lang Cai Jing·2026-01-26 06:40Group 1 - The IDC business revenue of Hunan Telecom is expected to decline significantly by the end of November 2025, dropping to the bottom of the group rankings, indicating a concerning trend for the company [1] - The IDC business is crucial for telecom operators as it plays a key role in the growth of telecom revenue, and Hunan Telecom's performance is notably below the group average, which has seen over 8% growth in this sector [3] - Despite being the sixth-largest provincial company in the group and having shown strong performance in market business areas, Hunan Telecom's IDC revenue decline raises questions about the reasons behind this downturn [3] Group 2 - One possible explanation for the decline in IDC revenue is that Hunan Telecom's previous revenue base was very high, making consistent monthly growth challenging [3] - The IDC sector is characterized by a lack of differentiated products and high dependency on single clients, which may limit long-term profit potential [3] - It is suggested that Hunan Telecom may be focusing its efforts on developing other business areas, reflecting a shift in strategic priorities for the large provincial company [3]