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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