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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  China Telecom Corporation Limited    0728   CNE1000002V2

CHINA TELECOM CORPORATION LIMITED

(0728)
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China Telecom : Mislatel cleared to receive congressional franchise

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05/23/2019 | 11:37pm EDT

China Telecom backed joint venture Mislatel Corporation has been cleared to secure a congressional franchise to become the Philippines' third mobile player.

Mislatel, the joint venture established with businesses owned by Philippines tycoon Dennis Uy, has received congressional approval to acquire the franchise owned by Mindanao Islamic Telephone Co, the Philippine Daily Inquirer reported.

The National Telecommunications Commission will now make preparations to issue a certificate of public convenience and necessity and an allocation of spectrum for the operator. The allocation is...

(c) 2019 Questex Asia Ltd. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (CNY)
Sales 2019 394 B
EBIT 2019 31 722 M
Net income 2019 22 219 M
Debt 2019 54 095 M
Yield 2019 3,33%
P/E ratio 2019 12,31
P/E ratio 2020 11,44
EV / Sales 2019 0,84x
EV / Sales 2020 0,82x
Capitalization 278 B
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Technical analysis trends CHINA TELECOM CORPORATION
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TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 4,06  CNY
Spread / Average Target 18%
EPS Revisions
Managers
NameTitle
Jie Yang Chairman & Chief Executive Officer
Rui Wen Ke President, COO & Executive Director
Yi Xun Sui Chairman-Supervisory Board
Min Zhu CFO, Secretary, Executive Director & EVP
Er Ming Xu Independent Non-Executive Director
Sector and Competitors
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