iPhone Lifts Sales at China Telecom

China Telecom said that its operating revenues rose 15.7% year-on-year in the first quarter of 2012 to 67.93 billion Chinese yuan (10.82 billion US dollars). Now selling the iPhone, China Telecom said that its revenues from the sale of mobile devices were 5.64 billion yuan, an increase of 80.7% over the corresponding period of last year.

Its mobile subscribers rose by 9.4 million to 135.8 million (including 43.6 million 3G subscribers) at the end of the quarter, while its wireline broadband subscribers rose by 3.6 million to 80.4 million. source: China Telecom statement