| [For Immediate Release] |
Currently, the integration and innovation of multiple technologies further drives industrial transformation, and the digital economy has become an important engine for the national economic development. China Telecom seizes strategic opportunities, fully implements its "Cloudification and Digital Transformation" strategy, steps up sci-tech innovations, deepens the cloud-network integration and accelerates its development as a service-oriented, technology-oriented and secured enterprise. Focusing on customers' demand for digital life, the Company insists on the individual informatisation upgrade led by 5G, continuously enriches 5G applications; accelerates the expansion of Gigabit products at scale, further promotes the integrated development of Smart Family, Smart Community and Digital Village; and pushes forward the digitalisation and intelligentisation upgrade of vertical industries.
The Company attaches great importance to shareholder returns and investor interests, with RMB 26,537,070,222.71 (including tax) full year dividend for 2021 and interim dividend for 2022 having been distributed in cash in the first three quarters of 2022, representing an increase of 214.5% over the same period of 2021, reaching 60% of net profit attributable to equity holders during respective reporting periods.
In the future, the Company will continue to fully implement "Cloudification and Digital Transformation" strategy, drive the continuous implementation of cloud-network integration 3.0, leverage the integration of cloud, security, AI and digital platform to expedite the nurturing and development of strategic emerging businesses such as cloud, security, Big Data and AI,deepen sci-tech innovations to enhance the core competitiveness of the company, and share its achievements from high-quality development with shareholders, customers and the society.
| © Copyright 1996-2023 irasia.com Ltd. All rights reserved. |
|
DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any
information provided on this website. Under no circumstances shall irasia.com Ltd be liable
for damages resulting from the use of the information provided on this website.
TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited. TERMS OF USE: Please read the Terms of Use governing the use of our website. |