China Telecom grows service revenues 2.8% in H1, EBITDA up 13%

China Telecom reported service revenues up 2.8 percent year-on-year in the first half of 2019 to CNY 182.6 billion. Mobile service revenue grew 5.6 percent to CNY 83.6 billion, and wireline revenue was up 0.3 percent to 94.0 billion. The operator also improved EBITDA 13.3 percent, to CNY 63.3 billion, lifting the margin 3.2 percent points to 34.7 percent.

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