- The company added 1.45 million new users in the month of July to its 3G network.
- China Telecom was awarded FDD-LTE license that will help it roll out its 4G network to 40 cities across the country.
- The company joined hands with the two other market leaders to introduce a network infrastructure firm in July, by the name of China Communications Facilities Services Corporation Limited.
- The company expects to increase revenues and make higher profits once its 4G services are rolled out. This should be motivational for prospective investors to invest in CHA.