1、China Telecom Corporation Limited31 Jinrong Street,Xicheng District,Beijing,PRC,100140Let s StartAnnual Report 2008China Telecom Corporation LimitedHKEx Stock Code:728NYSE Stock Code:CHAChina Telecom Corporation Limitedservi cesWe aref ul lnow aAnExtraordinary2008100100010100101000010010111010011101
2、001101010i ntegr atedoper ator書冊2.indb 0229/3/2009 19:29:35Let s StartAnnual Report 2008Annual Report 2008China Telecom Corporation LimitedHKEx Stock Code:728NYSE Stock Code:CHAChina Telecom Corporation Limitedservi cesWe aref ul lnow aAnExtraordinary2008100100010100101000010010111010011101001101010
3、i ntegr atedoper ator書冊2.indb 0229/3/2009 19:29:352008MilestonesJanuary The Southern regions of China suffered from a rare snowstorm disaster.The Management of China Telecom rushed to the affected areas to lead the relief and rescue work.MayAfter a devastating earthquake measuring 8.0 on the Richter
4、 scale at Wenchuan county in the Sichuan province of China,the Management of China Telecom and the staff devoted their full efforts to fight against the disaster,heading up to restore the communications of Wenchuan with outside areas.June China Telecom entered into a Framework Agreement with China U
5、nicom to acquire its CDMA business for a consideration of RMB43,800 million.December China Telecom launched the“189”prefi x number mobile service providing customers with enhanced mobile experience.October China Telecom commenced the takeover and operation of the CDMA business,becoming a full servic
6、es integratedoperator.書冊9.indb 0129/3/2009 23:46:55Contents02China Telecom Corporation Limited Annual Report 20083Corporate Information4Financial Highlights6Chairmans Statement16Business Review22Managements Discussion and Analysis of Financial Conditions and Results of Operations30Directors,Supervis