XXXX年电信业绩(英文版)

ChinaTelecomCorporationLimited19Mar2014||2013AnnualResultsForward-LookingStatementsCertainstatementscontainedinthisdocumentmaybeviewedas“forward-lookingstatements”withinthemeaningofSection27AoftheU.S.SecuritiesActof1933(asamended)andSection21EoftheU.S.SecuritiesExchangeActof1934(asamended).Suchforward-lookingstatementsaresubjecttoknownandunknownrisks,uncertaintiesandotherfactors,whichmaycausetheactualperformance,financialconditionorresultsofoperationsofChinaTelecomCorporationLimited(the“Company”)tobemateriallydifferentfromanyfutureperformance,financialconditionorresultsofoperationsimpliedbysuchforward-lookingstatements.Inaddition,wedonotintendtoupdatetheseforward-lookingstatements.Furtherinformationregardingtheserisks,uncertaintiesandotherfactorsisincludedintheCompany’smostrecentAnnualReportonForm20-FfiledwiththeU.S.SecuritiesandExchangeCommission(the“SEC”)andintheCompany’sotherfilingswiththeSEC.3|2013AnnualResultsPresentedByChairman&CEOPresident&COOEVP&CFOMr.WangXiaochuMr.YangJieMadamWuAndi4|2013AnnualResultsBusinessReviewFinancialPerformance2.3.Overview1.5|2013AnnualResultsHighlightsTodeployLTEnetworkappropriatelywithregardtogovernmentpolicy&businessdevelopment,buildinganationwideintegrated4G/3Ghigh-speednetworktoenhanceoperatingreturnRobustbusinessdevelopmentoptimizedrevenuestructure&drovedouble-digitgrowthinrevenue&netprofitMobilescaleexpansionwithenhancedcustomervalue&scalebenefitsCompletedintensivephaseoffibrenetworkupgradeincitiesasplanned,boostingbroadbandgrowth&long-termcompetitivenessTodeepencomprehensivereformforcreatinga“NewChinaTelecom”,capitalizingonexternalopportunities423156|2013AnnualResultsSolidGrowthMomentum20122013ChangeOperatingRevenue(RMBMil)283,176321,58413.6%OperatingRevenue(Excl.MobileTerminalSales)(RMBMil)258,419284,14910.0%EBITDA(RMBMil)70,87496,55136.2%EBITDAMargin27.4%34.0%6.6ppNetProfit(RMBMil)14,94917,54517.4%EPS(RMB)0.1850.21717.4%Notes:Unlessotherwisestatedinthispresentation1.NetProfitrepresentedprofitattributabletoequityholdersoftheCompany.2.2012datawererestatedtoincludetheretrospectiveimpactoftheacquisitionofChinaTelecom(Europe)Limited.3.EBITDA=OperatingRevenue–OperatingExpenses+Depreciation&Amortization;2012EBITDAwasarrivedatafterdeductingtheMobileNetworkLeasingFeeofRMB25.5bilpaidtotheparentcompanyintheyear.TheCompanycompletedtheCDMAnetworkacquisitionfromtheparentcompanybyend-2012,resultinginsubstantialsavingofMobileNetworkLeasingFeestartingfrom2013,whiletheCompanyisrequiredtobearthewholeamountofmobilenetworkmaintenancefee.In2012,theparentcompanyboreitsshareofmobilenetworkmaintenancefeeofapproximatelyRMB7.1bil.4.EBITDAMargin=EBITDA/OperatingRevenue(Excl.MobileTerminalSales)Bothrevenue&netprofitachieveddouble-digitgrowth7|2013AnnualResults15.3%12.0%43.1%41.0%17.4%18.1%24.2%28.9%20122013WirelineVoiceWirelineData&OthersMobileVoiceMobileData&OthersDeepenedStrategicTransformationtoStrengthenGrowthMomentumGrowthbusinessesaccountedfor88.0%(S3.3ppvs2012)Operatingrevenue(Excl.MobileTerminalSales)maintaineddouble-digitgrowth(10.0%)surpassingindustryaverage(8.7%)&GDPgrowth(7.7%)Mobileasthekeygrowthdriver,contributedclosetohalfoftheoperatingrevenueRobustbusinessperformancewithincreasingmixfromgrowthbusinessesRevenueStructure8|2013AnnualResultsCompletedIntensiveFibreNetworkUpgrade&SettoAccelerateLTENetworkDeployment2013AchievementCompletedintensivephaseoffibrenetworkupgradeincitiesasplannedtopushgeneralcoverageincitieswith≥20Mbps&ruralareaswith≥4Mbpscustomeraccessbandwidth;with100Mbpscoveragereaching84milhomepassesOptimized3Gnetwork&expandedcapacityinhighdatatrafficareas;commencedLTEnetworkdeploymentinhotspotareas2014InvestmentFocusTodeployLTEnetworkappropriatelywithregardtogovernmentpolicy&businessdevelopment,buildinganationwideintegrated4G/3Ghigh-speednetworktoenhancecustomers’experience&operatingreturnCarryingnetworks;broadbandaccess;capabilityenhancementofintelligentnetwork&integratedinformationservicesLeverageintegratedoperationedgesoftwosuper-fastnetworks(LTE+FTTH)toenhancefuturecompetitivenessCAPEXRMBMil50,63338,00029,35942,30020132014E79,99280,300MobileBroadband,Internet&Others9|2013AnnualResultse-Surfing4GtoDriveFutureGrowth&ReturnOneLTEnetworkincorporatingbothTD&FDDLTEaccesses,withmostoftheLTECAPEXsupportingbothTD&FDDLTEservices(incl.infrastructure,towers&corenetwork…)&flexibledeploymentofmorespectrumresourcesforenhancedreturnLTEdeploymentstartsfromhotspotsindenselypopulatedareasofthecitiesTooverlayonexistingsuperiornationwide3G&high-speedfibrebroadbandnetworkstoprovidecustomerswithhigh-speed&seamlessdataserviceexperienceƒLaunchedLTEservicesinnearly100majorcitiesinmid-Feb2014,withthefirstbatchof4GdatadevicesallcompatiblewithTD-LTEƒCurrentlyapplyingforLTE-FDDtriallicencewhileexpandingwidth&depthofLTEnetworkcoverageinmajorcitiestocreatesuperiornetworkquality&acceleratinge-Surfing4Ghandsetvaluechaindevelopmenttoassuresuperior4Ghandsetserviceexperience&investmentreturninfutureOnehybridLTEnetworkofintegratedresourcestoboostinvestmentreturn&operatingefficien