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China Telecom's Q3 net profit grows 20%

China Telecom's (CHA) Q3 net profit climbed 20% to 4.5B yuan ($739.8M), topping consensus of 4.41B yuan.

Revenue rose 12% to 80.67B yuan vs forecasts of 81B yuan.

China Telecom's mobile unit added 9.15M 3G users, giving it a total of 96.5M; the division has 181.1M subscribers. (PR)

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