China Telecom's 3Q profit up 20 percent as third-gen user numbers grow on iPhone sales

  • by: Associated Press
  • Updated: October 28, 2013 - 5:50 AM

HONG KONG — State-owned China Telecom, the country's third-biggest mobile phone operator by subscribers, said Monday that quarterly profit grew by a fifth as it continued to benefit from spending by new users of data-hungry iPhones.

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