China Telecom Corporation Limited (0728.HK) Bundle
Discover how China Telecom Corporation Limited-an evolved state-owned telecom giant with a market capitalization of HKD 659.07 billion (as of 19 December 2025)-translates its mission "to build a service-oriented, technology-oriented, and security-focused enterprise" into concrete strategy, driving operating revenues of RMB 397.0 billion in the first three quarters of 2025 while committing RMB 1 billion annually to community and digital literacy programs; learn how its vision to be a global leader in information services is backed by bold tech deployment such as 5G-Advanced in over 300 cities by late 2024, and how its core values-comprehensive innovation, truth and pragmatism, respect for people, and creating value together-shape initiatives that bolster network security, customer-centric services, and international expansion toward building Cyberpower and Digital China, compelling reasons to read on.
China Telecom Corporation Limited (0728.HK) - Intro
China Telecom Corporation Limited (0728.HK) is a principal integrated information services provider in China, delivering mobile communications, wireline and satellite communications, internet access, cloud computing and ICT integration across domestic and international markets. Established as a state-owned enterprise, the company has pivoted toward digital transformation and global expansion while maintaining a broad service portfolio and a strong domestic market position.- Market capitalization: HKD 659.07 billion (as of 19 December 2025)
- Operating revenues: RMB 397.0 billion (first three quarters of 2025)
- Annual CSR allocation: RMB 1.0 billion (community development and digital literacy)
- Strategic priorities: digital transformation, technological innovation, international expansion
- Mission - To build a digital China and a digitally connected world by providing secure, reliable and innovative integrated information services to enterprises, governments and consumers.
- Vision - To become a world-class integrated information services provider leading in cloud-network convergence, ubiquitous intelligent connectivity and digital infrastructure for the digital economy.
- Strategic pillars:
- Network leadership: Expand 5G coverage, fiber-to-the-home (FTTH) and nationwide backbone capability.
- Cloud and ICT: Scale cloud services, IDC capacity and SaaS/AI-enabled solutions for enterprise digitalization.
- Customer-centric services: Enhance integrated consumer and enterprise offerings, improve ARPU via value-added services.
- Global footprint: Target cross-border enterprise services and regional partnerships to grow international revenue streams.
- Customer First - prioritizing service reliability, experience and connectivity quality.
- Innovation - continuous investment in R&D, network intelligence and cloud-native platforms.
- Integrity & Compliance - adherence to regulatory frameworks and governance as a large SOE.
- Collaboration - ecosystem partnerships with carriers, cloud providers, and enterprise software vendors.
- Social Responsibility - targeted investments in digital inclusion and education programs.
| Metric | Value | Period / Note |
|---|---|---|
| Market Capitalization | HKD 659.07 billion | 19 Dec 2025 |
| Operating Revenues | RMB 397.0 billion | First three quarters of 2025 |
| Annual CSR Budget | RMB 1.0 billion | Ongoing (community & digital literacy) |
| Estimated Mobile Subscribers | ~375 million | Aggregate estimate, 2025 |
| Estimated Fiber Broadband Subscribers | ~200 million | Aggregate estimate, 2025 |
| Estimated 5G Base Stations | ~1.8 million | Nationwide deployment, 2025 |
- Cloud and IDC expansion: accelerated capex toward cloud-native platforms and carrier-cloud integration to capture enterprise digitalization demand.
- 5G and network intelligence: continuous rollout of 5G SA, edge computing and network slicing to support vertical industry applications.
- R&D and partnerships: collaboration with domestic and international vendors, universities and ecosystem partners to commercialize AI, IoT and industry solutions.
- Annual allocation of RMB 1 billion to programs including digital literacy, rural connectivity, disaster relief and public-interest broadband projects.
- Targeted initiatives to reduce the digital divide through subsidized broadband access and community training centers.
China Telecom Corporation Limited (0728.HK) - Overview
Mission Statement
China Telecom Corporation Limited (0728.HK) states its mission as: 'to build a service-oriented, technology-oriented, and security-focused enterprise, fulfilling its responsibilities in building Cyberpower and Digital China, and safeguarding network and information security.' This mission encapsulates commitments to high-quality telecommunications services, technology-driven innovation, customer-centric operations, and rigorous information security-aligned with national digital strategies.
- Service-oriented: prioritize customer satisfaction, reliability, and user-centric service design across consumer, enterprise, and government segments.
- Technology-oriented: invest in next-generation networks (5G, cloud, edge computing, AI-enabled services) to enable new digital capabilities and revenue streams.
- Security-focused: strengthen network and information security, resilience, and trustworthiness to protect critical infrastructure and user data.
- National alignment: contribute to building Cyberpower and Digital China by supporting public-sector digital transformation, smart cities, and industrial digitization.
Core strategic emphases derived from the mission:
- Customer experience enhancement through integrated digital services and converged offerings (mobile, fixed broadband, cloud, OTT partnership).
- Accelerated technology adoption-5G standalone (SA) rollout, fiber-to-the-home (FTTH) expansion, cloud-network integration, and enterprise digital solutions.
- Enterprise & government solutions growth-cybersecurity, government cloud, industrial internet and digital transformation services.
- Operational security and resilience-network protection, data governance, and compliance with national information security frameworks.
| Metric | Value (latest reported year) | Notes / Source context |
|---|---|---|
| Total Operating Revenue | RMB 282.0 billion | Annual consolidated revenue (most recent fiscal year) |
| Net Profit (Attributable) | RMB 34.6 billion | After-tax profit attributable to shareholders |
| Capital Expenditure (CAPEX) | RMB 84.4 billion | Network and technology investments for the year |
| Mobile Subscribers | 384 million | Includes postpaid and prepaid mobile users |
| 4G/5G Subscriber Mix (5G subs) | 5G subscribers: 230 million | Rapid migration to 5G services; reflects active 5G connections |
| Fixed Broadband Subscribers | 195 million | FTTH penetration and household broadband connections |
| Enterprise & Cloud Revenue Share | ~20% of total revenue | Growing contribution from ICT, cloud and digital transformation services |
How the mission maps to measurable priorities
- Network investment: sustained CAPEX to expand 5G SA and fiber networks for service quality and technology leadership.
- Service diversification: increasing ARPU through bundled consumer products and higher-margin enterprise/cloud services.
- Security investment: dedicated security operations, certification, and compliance spending to uphold network trust.
- National projects engagement: participation in government-led initiatives for digital infrastructure, smart city pilots, and industry digitization.
Links & further reading: China Telecom Corporation Limited: History, Ownership, Mission, How It Works & Makes Money
China Telecom Corporation Limited (0728.HK) - Mission Statement
China Telecom's mission centers on delivering ubiquitous, secure and innovative information services that power both everyday life and enterprise digitalization. Grounded in nationwide infrastructure and accelerated by next‑generation technologies, the mission emphasizes connectivity, customer empowerment, and enabling economic and social value through integrated digital services. Vision Statement China Telecom envisions being a global leader in information services - extending influence beyond domestic borders while consolidating leadership at home through scientific and technological innovation, a robust digital ecosystem and customer‑centric service design.- Technology leadership: deploy and commercialize advanced networks (5G‑Advanced, cloud, edge computing) to create differentiated service capabilities.
- Seamless digital ecosystem: integrate consumer, enterprise and industry solutions for unified experiences and platformed services.
- Customer empowerment: expand access and value for mobile, broadband and digital service users.
- Enterprise enablement: provide scalable digital solutions and managed services to accelerate business transformation.
- Comprehensive service provision: ensure connectivity, reliability and cost‑effective offerings across consumer and corporate segments.
- Accelerated 5G evolution - practical rollout of 5G‑Advanced (5G‑A) and enhanced 5G applications in urban and industrial scenarios.
- Platform integration - converging cloud, ICT, digital platforms and content to reduce friction and increase ARPU potential.
- Innovation & R&D - sustained investment in core network technology, AI, security and next‑gen services.
- Enterprise digitalization - tailored industry solutions (finance, manufacturing, healthcare, public sector) leveraging MEC and private network capabilities.
- Sustainability & social value - improving digital inclusion and network resilience while optimizing energy use across infrastructure.
| Metric | Reported / Target | Notes |
|---|---|---|
| 5G‑Advanced deployment | Over 300 cities (by late 2024) | Commercial 5G‑A rollouts across urban and industrial clusters |
| 5G base stations (network scale) | >1,200,000 base stations | Nationwide 5G infrastructure shared across operators and private networks |
| R&D investment | ~RMB 8-10 billion (annual range) | Focused on network tech, cloud, edge, AI and cybersecurity |
| Total revenue (latest annual) | RMB 300-330 billion (annual range) | Revenue mix: consumer, corporate, ICT services |
| Fixed broadband households served | Hundreds of millions of access lines / subscribers | High‑speed fiber coverage and bundled consumer services |
| Enterprise customers | Millions of SMBs and thousands of large enterprises | Managed services, cloud, security, industry solutions |
- Mobile and broadband offerings are designed to increase accessibility and digital participation, with tiered plans, value apps and bundled content.
- Customer experience initiatives focus on faster service provisioning, digital self‑service, and integrated billing across products.
- Private 5G and MEC deployments for manufacturing, logistics and smart cities to deliver low‑latency control and data‑driven optimization.
- Cloud‑native ICT suites for enterprise migration, offering IaaS/PaaS, managed databases, and AI capabilities.
China Telecom Corporation Limited (0728.HK) - Vision Statement
China Telecom's vision centers on becoming a world-class integrated information services operator that leads in network quality, technological innovation, and customer experience. This vision is operationalized through strategic investments in 5G, cloud, AI, and ubiquitous connectivity, positioning the company to capture growth in digital economy sectors while sustaining stable cash flows from its core communications services.- Comprehensive innovation: driving R&D and platform upgrades across 5G, cloud computing, edge computing, and AI-enabled service delivery to maintain network leadership and accelerate new revenue streams.
- Pursuing truth and pragmatism: embedding transparency, compliance, and data-driven decision-making into operations to deliver practical, scalable solutions for enterprise and consumer customers.
- Respecting people: prioritizing talent development, customer experience, and partner collaboration to foster an inclusive ecosystem that improves retention and service quality.
- Creating value together: aligning stakeholder incentives - shareholders, customers, employees, and partners - to achieve sustainable, shared growth across service portfolios.
| Metric | Value |
|---|---|
| Operating revenue | RMB 341.4 billion |
| Net profit (attributable) | RMB 26.9 billion |
| Capital expenditure | RMB 68.3 billion |
| Mobile subscribers | 378 million |
| Fixed broadband subscribers | 206 million |
| Domestic 5G base stations deployed | ~2.0 million |
| Market capitalization (HK-listed, approximate) | HK$180 billion |
- Network leadership: continuous upgrade of fiber and 5G infrastructure to improve coverage, latency, and throughput for both consumer and enterprise segments.
- Platform evolution: migrating legacy offerings onto cloud-native platforms and expanding integrated ICT services (cloud + connectivity + security) for enterprise digital transformation.
- Customer-centric services: leveraging data analytics and AI to personalize packages, reduce churn, and enhance after-sales support.
- Talent and culture: investing in skill development, cross-functional teams, and incentive structures that reflect respect for people and collaborative value creation.
- Responsible growth: balancing aggressive technological deployment with pragmatic capital allocation, compliance, and environmental-social governance (ESG) initiatives.
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