China Telecom Corporation Limited (“China Telecom” or the “Company”, together with
its subsidiaries, collectively the “Group”) is a large-scale and leading integrated information
service operator in the world, providing wireline & mobile telecommunications services,
Internet access services, information services and other value-added telecommunications
services primarily in the PRC. As at the end of 2016, the Company had mobile subscribers
of about 215 million, wireline broadband subscribers of about 123 million and access lines
in service of about 127 million. The Company’s H shares and American Depositary Shares
(“ADSs”) are listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock
Exchange”) and the New York Stock Exchange respectively.