Summary by Futu AI
China Telecom Co., Ltd. (“China Telecom”) announced on 20 May 2024 its operating data for April 2024. The data showed that China Telecom reached 413.45 million mobile users in April, with a net increase of 1.80 million users in the month, and a cumulative net increase of 5.68 million in the year. Among them, the number of 5G plan users reached 331.62 million, the net user growth was 2.90 million in the month, and the cumulative net user growth was 12.96 million in the same year. The number of wired broadband users was 192.30 million, the net user growth was 0.08 million in the month, and the cumulative net user growth was 2.14 million in the year. The number of fixed telephony users was 99.81 million, but the net decrease in users in the month was 0.45 million, and the cumulative net decrease was 1.21 million in the year. The Board of Directors of China Telecom urges investors to exercise caution when trading company securities.