Hong Kong (hk) NET Sensing in China Δ 13th of January 2014 Ω 5:11 AM

ΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞ
~ China Telecom ~ Nokia ~ sense for Ξ	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ
~ sense for Ξ ~ sense for Ξ ~ sense for Ξ	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ
~ sense for Ξ ~ sense for Ξ ~ sense for Ξ	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ
~ sense for Ξ ~ sense for Ξ ~ sense for Ξ	~ sense for Ξ ~ sense for Ξ ~ sense for Ξ	ξ ξ ξ
«NET Sensing in China	Θ	Θ
ΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞ

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~ China Telecom

Overview
ξ China Telecom Corporation Limited ("China Telecom" or the "Company", together with its subsidiaries, the "Group")
ξ is the world’s largest wireline telecommunications and broadband services provider,
ξ providing telecommunications and information services including voice, data, image and multimedia
ξ mainly in 20 provinces, municipalities, and autonomous regions in China,
ξ with about 220 million fixed line subscribers and
ξ over 35 million broadband subscribers
ξ H shares and American Depositary Shares ("ADSs") are listed on The Stock Exchange of Hong Kong Limited and the New York Stock Exchange respectively

Chairman's Statement
ξ Early this year, a snowstorm with its scale and duration unprecedented in the last century occurred in China.
ξ The snowstorm caused grave disturbances to people's daily lives, as well as serious challenges to our telecommunications services.
ξ During the Lunar New Year, in places where the snowstorm was most severe,
ξ I myself witnessed many of our people volunteered to sacrifice their precious family gathering opportunities
ξ to make emergency repairs on the telecommunications facilities fearlessly under the harsh weather conditions.
ξ In some circumstances, in order to ensure smooth communications,
ξ they even insisted on staying on duty under no power and water supply which lasted for several days.
ξ Their courage and strong team efforts well demonstrated the "unwavering dedications" spirits of our China Telecom people
ξ – "Exceptional strength, exceptional endurance and exceptional devotion"
ξ Their actions had written a new chapter of "Customer First, Service Foremost".
ξ I am deeply impressed with the vibrancy of the Company despite its long establishment over a century.
ξ As we further drive our strategic transformation and progress our way to the upcoming full services offering,
ξ I firmly believe the Company will have a thriving future.

ξ Looking back at the corporate development in the past three years,
ξ we are grateful to see the encouraging results achieved by our persistent efforts in strategic transformation and innovation.
ξ Strategic transformation has accelerated our corporate development and placed us at the forefront of the telecommunications industry.
ξ Strategic transformation also injected new energy into the Company's development.
ξ We have established a customer-oriented brand management system and
ξ strengthened our capabilities in integrated information application services.
ξ With further optimized business structure and enhanced financial capabilities,
ξ we have reinforced our ability to increase our shareholders' value.

2007 FINANCIAL RESULTS
ξ grasped the opportunities brought by informatisation
ξ tackled various challenges to promote the scale development of transformation business, which helped to sustain overall revenue growth
ξ took initiatives to alleviate the decline in our traditional voice business
ξ maintained solid fundamentals and achieved favorable financial results in the highly competitive market
ξ operating revenues reached RMB178,656 million, in which the amortisation of upfront connection fees was RMB3,294 million
ξ excluding the upfront connection fees, operating revenues were RMB175,362 million, a 2.8% increase from 2006
ξ EBITDA1 was RMB85,974 million, a 1.3% increase from 2006
ξ EBITDA margin1 was 49.0%, broadly at the same level as 2006
ξ profit attributable to equity holders of the Company2 (excluding the effect of the related assets revaluation, which was carried out at least once every three years)
ξ was RMB22,517 million, an increase of 1.1% from 2006
ξ capital expenditure decreased by 7.2% from 2006 to RMB45,558 million
ξ free cash flow3 reached RMB33,964 million, a 17.2% increase from 2006
ξ taking into consideration of our shareholders' return and the Company's capital requirements for future development,
ξ especially the preparation of our full services offering,
ξ the Board of Directors will recommend at the forthcoming Annual General Meeting
ξ that the dividend be an equivalent of HK$0.085 per share, same as last year.

OUTLOOK FOR 2008
ξ strategic transformation of the Company will enter into a new phase
ξ have advocated the strategy of "Customer-focused Innovative Informatisation",
ξ which will accelerate transformation into a leading integrated information services provider
ξ will make greater efforts in management reform and innovation, and
ξ consolidate provincial subsidiaries into branches to strengthen integration of operational management systems
ξ will also restructure front-line departments, which will enable to implement better customer group management and sales
ξ will allocate more resources to core customer groups and strengthen customer-oriented operation systems to raise brand recognition
ξ although the intensifying market competition is a serious challenge,
ξ the upcoming full services offering will bring enormous business opportunities
ξ will keep abreast of the trend of global telecommunications industry
ξ implementing the convergence of multi-communication and multi-products in a broader perspective
ξ will strengthen execution capabilities in providing integrated information services to customers
ξ continually creating new values for shareholders

select: ~[Σ] ~[Δ]!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~ Nokia

Nokia Sensor
ξ a spontaneous, sociable application for spontaneous, sociable people.
ξ you can create your own personal pages - called a folio - on your phone.
ξ Then you can check out the folios of other Sensor users nearby, exchange messages, and share files.
ξ uses Bluetooth wireless technology, which means that it works within a 'circle' of up to 10 meters around your phone.
ξ when other Sensor phones come within this circle,
ξ your phone can 'sense' them and you can see their folios and send them messages
ξ as soon as you step out of each other's circles, you are no longer able to communicate via Sensor.
ξ sensor phones running the Sensor application communicate directly without going through an operator network service,
ξ communication is free of charge
ξ However, if you send SMS or MMS messages to other Nokia Sensor users, regular operator fees apply.

The Chinese-English-Chinese Dictionary
ξ provides both the English explanation of Chinese words and the Chinese explanation of English words
ξ with this feature, users can get the translation of a word more convenient in their daily life
ξ In case the vocabulary files of the Chinese-English-Chinese dictionary in your memory card have broken or
ξ you want to buy a new memory card without vocabulary files,
ξ you can download it via this page by PC according to your own requirement and install the files on your memory

Download! for PC
ξ download music, ring tones, games, videos, and applications for your mobile phone
ξ the same great Download! content found on your Nokia phone is now available to preview and download via your PC
ξ with Download! for PC, your internet connection can help you reduce your download costs and increase download speeds

select: ~[Σ] ~[Ω] ~[Δ]!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~

select: ~[Σ] ~[Ω] ~[Δ]!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~

select: ~[Σ] ~[Ω]!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Small & Smart Inc reserves rights to change this document without any notice
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~