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Continued revenue increase and strong growth in mobile postpaid business

Retrieved on: 
Thursday, November 3, 2022

Sunrise has again seen significant growth in the mobile segment in Q3 2022, with a net increase of +57,600 mobile postpaid1)subscriptions.

Key Points: 
  • Sunrise has again seen significant growth in the mobile segment in Q3 2022, with a net increase of +57,600 mobile postpaid1)subscriptions.
  • We delivered modest revenue growth in the quarter supported by B2B and B2C mobile, despite ongoing ARPU pressure in fixed and mobile.
  • With business customers and wholesale business, Sunrise Business achieved a revenue increase of +12.3% in the third quarter compared to the same period last year.
  • The revenue increase was particularly supported by (i) low margin business wholesale revenue, (ii) strong trading momentum in yallo and handset revenues, partially offset by a decrease in fixed subscription revenue due to subscriber losses and ARPU pressures.

China Telecom Global Participated in "Hong Kong Fintech Week 2022" Demonstrating the Cloud-Network Capability and One-Stop Financial Solution to Drive Digital Transformation for the Finance Industry

Retrieved on: 
Wednesday, November 2, 2022

China Telecom Global Limited ("China Telecom Global"), one of the world's largest providers of integrated telecommunication services, has participated in "Hong Kong FinTech Week 2022" with the theme of "Digitalised Finance, Intelligentised Solutions", demonstrating an abundant set of core capabilities and services as the industry-leading one-stop finance solution both physically and virtually.

Key Points: 
  • China Telecom Global Limited ("China Telecom Global"), one of the world's largest providers of integrated telecommunication services, has participated in "Hong Kong FinTech Week 2022" with the theme of "Digitalised Finance, Intelligentised Solutions", demonstrating an abundant set of core capabilities and services as the industry-leading one-stop finance solution both physically and virtually.
  • At present, China Telecom Could ranked NO.1 in telecom cloud operator worldwide.
  • This strategy would empower key players in the FSI industry, showcasing cloud-network divergence with a robust foundation for digital transformation.
  • In order to further enhance its global service quality and accelerating overseas business expansion, China Telecom established China Telecom Global Limited in 2012, which is headquartered in Hong Kong China.

China Telecom Global Participated in "Hong Kong Fintech Week 2022" Demonstrating the Cloud-Network Capability and One-Stop Financial Solution to Drive Digital Transformation for the Finance Industry

Retrieved on: 
Wednesday, November 2, 2022

China Telecom Global Limited ("China Telecom Global"), one of the world's largest providers of integrated telecommunication services, has participated in "Hong Kong FinTech Week 2022" with the theme of "Digitalised Finance, Intelligentised Solutions", demonstrating an abundant set of core capabilities and services as the industry-leading one-stop finance solution both physically and virtually.

Key Points: 
  • China Telecom Global Limited ("China Telecom Global"), one of the world's largest providers of integrated telecommunication services, has participated in "Hong Kong FinTech Week 2022" with the theme of "Digitalised Finance, Intelligentised Solutions", demonstrating an abundant set of core capabilities and services as the industry-leading one-stop finance solution both physically and virtually.
  • At present, China Telecom Could ranked NO.1 in telecom cloud operator worldwide.
  • This strategy would empower key players in the FSI industry, showcasing cloud-network divergence with a robust foundation for digital transformation.
  • In order to further enhance its global service quality and accelerating overseas business expansion, China Telecom established China Telecom Global Limited in 2012, which is headquartered in Hong Kong China.