On the same day, China Telecom released its first half performance in 2019, operating income fell 1.32% to 190 billion 488 million yuan, up from 2.8% to 182 billion 589 million yuan over the same period of last year. EBITDA (profits before interest, taxes, depreciation and amortization) increased by 13.3% to 63 billion 287 million yuan, EBITDA rate rose 3.2 percentage points to 34.7% compared to the same period last year, and the profit of shareholders increased by 2.5% to 13 billion 909 million yuan.
In terms of operational data, as of June 30, 2019, China Telecom had 323 million mobile subscribers, a net increase of 20 million 480 thousand compared with the end of 2018, of which 4G users increased by 23 million 710 thousand to 266 million, and 4G users accounted for 82%. Cable broadband users increased by 4 million 390 thousand to 150 million households at the end of 2018.
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