China Telecom reached purchasing intentions with 5 international suppliers

According to the official release of China Telecom, on November 6, 2022, at the 5th China International Import Expo, China Telecom and Nokia, Ericsson, Dell, AMD, Samsung, and other 5 international partners Achieved purchasing cooperation intention. The scope of procurement covers data and transmission equipment, fixed network terminals, servers, CPUs, mobile terminals, and other equipment and services.

According to the agreement, China Telecom and various suppliers have reached in-depth cooperation intentions in 5G, cloud computing, mobile terminals, and other aspects, which will help China Telecom to further deepen foreign cooperation, expand the industrial ecosystem, maintain common interests, and improve the industrial chain and supply chain. level of resilience and safety.

China Telecom is a comprehensive intelligent information service operator, aiming at building a network power and digital China and maintaining network information security. China Telecom said that it will continue to implement the cloud-to-digital-to-digital strategy and build a world-leading boutique network.

At the end of October this year, China Telecom announced its third quarter report for 2022. The operating income in the third quarter was 117.624 billion yuan, a year-on-year increase of 7.9%; the operating income in the first three quarters was 357.843 billion yuan, a year-on-year increase of 9.6%. In the third quarter, the net profit attributable to the parent company was 6.252 billion yuan, a year-on-year increase of 12%; in the first three quarters, the net profit attributable to the parent company was 24.543 billion yuan, a year-on-year increase of 5.2%.

Mobile communication services: In the first three quarters of 2022, China Telecom's mobile communication service revenue was RMB 148.367 billion, a year-on-year increase of 5.6%, with a net increase of 17.46 million mobile users to approximately 390 million, and a net increase of 5G package users by 63.24 million 251 million, the penetration rate reached 64.4%, and the mobile user ARPU1 was RMB 45.5.

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