asia’s best - china telecom · 2017. 5. 29. · email: [email protected] tel: (852)...
TRANSCRIPT
Investor Factsheet (May 2017)
China Telecom Corporation Limited is a large-scale and leading integrated information service operator in the world, providing wireline & mobile telecommunications services, Internet access services, information services and other value-added telecommunications services primarily in the PRC. As at the end of 2016, the Company had mobile subscribers of about 215 million, wireline broadband subscribers of about 123 million and access lines in service of about 127 million. The Company's H shares and American Depositary Shares ("ADSs") are listed on The Stock Exchange of Hong Kong Limited and the New York Stock Exchange respectively.
www.chinatelecom-h.com
HKEx: 728; NYSE: CHA
2016 HIGHLIGHTS
NEW CONVERGENCE DRIVING RAPID SCALE DEVELOPMENT
Clear Strategy with Strong ExecutionSolid service revenue growth and signi�cantly enhanced pro�tability
Innovative Convergence Strategy withProminent Results“New Convergence” driving mutual development in services and rapid subscriber expansion
Optimizing CAPEX to Enhance ReturnDeclining CAPEX with precision investment to support business development
Raise Dividend to Increase Shareholders’ReturnCreating shareholders’ value continuously
Step Up Transformation to StrengthenCapabilitiesPioneer in initiating intelligence strategy to forge differentiated competitive edge
CHAIRMAN’S MESSAGE
In 2016, with a coherent goal to step forward with keen determination, the Company strived to devote all efforts to �rmly seize the favorable opportunity of information consumption upgrade and proactively responded to the complicated environments and circumstances, effectively tackling various pressures and challenges and successfully embarking on a new stage of corporate development. Adhering to explore for new development with cohesive efforts, scale and effectiveness were remarkably enhanced while development capabilities were continuously accumulated. With our unwavering perseverance in promoting reforms, the vitality of our employees was comprehensively exploded and intrinsic momentum was consistently reinforced. With detailed analysis in strategies planning for future vision, the Company promptly deployed the new direction to become the pioneer and embraced the new intellectual era in full strengths.
RECOGNITION & AWARDS
ASIA’SBEST
Million
Mobile Subscribers
4G Subs as a % of Mobile Subs
2015.12 2016.12
215.00197.90
30%
57%
e-Sur�ng HD (IPTV) SubscribersMillion
IPTV Subs as a % of Wireline Broadband Subs
2015.12 2016.12
36%
50%40.38
61.33
Wireline Broadband SubscribersMillion
FTTH Subs as a % of Wireline Broadband Subs
2015.12 2016.12
113.06123.12
63%
86%
(Extracted from Chairman’s Statement of Annual Report 2016)
China Telecom Corporation Limited
Share Listing: H ShareThe Stock Exchange of Hong Kong Limited (stock code: 728)
ADSNew York Stock Exchange, Inc.(stock code: CHA)
ADS to H Share Ratio: 1:100
Closing Prices: (as at 31 Dec 2016)H Share HK$3.58ADS US$46.13
Market Capitalisation: (as at 31 Dec 2016)HK$289.7billion / US$37.4billion
International Auditor: Deloitte Touche Tohmatsu
SOLID FUNDAMENTALS
PIONEER IN INITIATING STEP-UP TRANSFORMATION
To be a Leading Integrated Intelligent Information Service Provider
Ms. Lisa Lai Ms. Angela ChengMr. Jackie Yuen
China Telecom Corporation LimitedInvestor Relations Department
Email: [email protected] Enquiry: (852) 2582 0388Fax: (852) 2877 0988Address: 38/F., Everbright Centre, 108 Gloucester Road, Wan Chai, Hong Kong
For further information, please browse our website at www.chinatelecom-h.com
Certain statements contained in this document may be viewed as “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933 (as amended) and Section 21E of the U.S. Securities Exchange Act of 1934 (as amended). Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors, which may cause the actual performance, �nancial condition or results of operations of China Telecom Corporation Limited (the “Company”) to be materially different from any future performance, �nancial condition or results of operations implied by such forward-looking statements. In addition, we do not intend to update these forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company’s most recent Annual Report on Form 20-F �led with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other �lings with the SEC.
EBITDA = Operating Revenue – Operating Expenses + Depreciation & Amortization
Net pro�t represented pro�t attributable to equity holders of the Company; Adjusted Net Pro�t excluded one-off tower assets disposal gain of RMB3,937 mil in 2015
QUICK FACTS IR CONTACTShare Registrar:H ShareComputershare Hong Kong Investor Services LimitedEmail: [email protected] Tel: (852) 2862 8555Fax: (852) 2865 0990
ADS DepositaryThe Bank of New York MellonEmail: [email protected]: 1-888-269-2377 (toll free in USA) 1-212-680-6825 (international)
Legal Advisers:Jingtian & Gongcheng Fresh�elds Bruckhaus Deringer Sullivan & Cromwell LLP
Operating RevenueRMB Million
331,202
352,285
2015 2016
6.4%
RMB Million
EBITDA
95,139
2015
94,106
2016
1.1%
Adjusted Net Pro�t RMB Million
18,004
2015
16,117
2016
11.7%
Widely deploy SDN to achieve intelligent network data traf�c load balancing, construct an intelligent, ef�ciently-centralized and open on-demand network; Actively participate in the formulation of 5G standard and deploy outdoor trial
NetworkIntelligentization
CTNet2025promotes
Network Reconstitution
Inject capabilities, intelligence & strengths to grasp the �ve ecospheres development patterns, coordinate internal resources and strengthen external cooperation to develop industry ecology
“SEE 2020” stands for Sur�ng Enterprise Ecosystem 2020
ServiceEcologicalization
“SEE 2020”promotes
Service Reconstitution
Adopt Big Data application to drive operational capabilities enhancement, achieve precision in management, marketing, services and network operations to inject “intelligence” into ecosphere
OperationIntellectualization
Corporate Corepromotes
Operation & Management Reconstitutions