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China Telecom Q1 profit down 27%

By Zheng Lifei | China Daily | Updated: 2009-04-21 08:02

China Telecom Q1 profit down 27%

A man using a mobile phone at a China Telecom outlet in Beijing. Wang Jing

China Telecom Corp, the country's biggest fixed-line phone company, has taken a big hit from the continuous fall in demand, especially in the large cities, as more and more consumers are going in for mobile connections.

China Telecom Q1 profit down 27%

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