China Telecom Net Misses Estimates as Iphone Boosts Costs – Bloomberg


Bloomberg

China Telecom Net Misses Estimates as Iphone Boosts Costs
Bloomberg
(728), the country's biggest fixed-line carrier, posted first-quarter profit that missed analyst estimates as the introduction of Apple Inc. (AAPL)'s iPhone boosted costs to add subscribers at its wireless unit. Net income fell 6.5 percent to 4.27
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