China Telecom Corp Ltd Class H

00728: XHKG (HKG)

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China Telecom: Government Increases VAT on Mobile and Broadband to 9% From 6%; Fair Value Down 4%

Dan Baker

Feb 3, 2026

The Chinese government has increased the value-added tax on mobile data, broadband, SMS, and MMS revenue of Chinese telecom services companies to 9% from 6%, effective Jan. 1, 2026.

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China Telecom Corp Ltd Class H

China Telecom: Government Increases VAT on Mobile and Broadband to 9% From 6%; Fair Value Down 4%

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