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China Telecom Corp Ltd Class H

00728: XHKG (HKG)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
HKD 9.60LkkdDlxglbf

China Telecom Growing Through Industry Internet

Business Strategy and Outlook

China Telecom benefited from the 2008 Chinese telecom reorganization, and has made the most of the changes. With the reorganization, the firm received 29 million wireless subscribers from China Unicom. Since then, the firm has increased its wireless base more than 12 times to 372 million as it leveraged its strong fixed line franchise. This growth has enabled the business to become more profitable, as the network’s fixed costs are spread over a much larger customer base.

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