China Telecom's mobile business grows in FY 2009.(WIRELESS)

For FY 2009 China Telecom reported total revenue of $30.57 billion, up 12 percent year-on-year.

The company changed into a full-service provider as conventional fixed-line voice service now accounted for 37 percent of total revenue, down from 52 percent year-on-year. The company increased mobile subscriber base over two times in 2009 and its mobile voice sales rose fivefold to $2.92 billion, compared with $585.10 million year-on-year. Its 2009 EBITDA stood at $11.99 billion 39 percent of sales. China Telecom is expected to continue to benefit from China's economic revival and increasing Internet penetration. The mobile market is another aggressive growth area for the company. As of December 2009, China Telecom held 7.7 percent share of China's mobile subscriber base of 726 million.