Summary by Futu AI
China Telecom announced its operating data for May 2024 on June 20, 2024. According to the board of directors, the mobile users of China Telecom reached 415.38 million households in May, with a net increase of 1.93 million households, and a net increase of 7.61 million households for the year. In terms of 5G package users, China Telecom reported 334.26 million households, with a net increase of 2.64 million households in the month, and a net increase of 15.60 million households for the year. In addition, the number of wired broadband users was 192.84 million households, with a net increase of 0.54 million households in the month, and a net increase of 2.68 million households for the year. The number of fixed phone users decreased, with a reported 99.42 million households, a net decrease of 0.39 million households in the month, and a net decrease of 1.60 million households for the year. China Telecom Chairman and CEO Ke Ruiwen reminds investors to be cautious when buying and selling the company's securities.