China Telecom Corp. Ltd. on Monday reported its profit plunged 18% in the third quarter due partly to a one-time gain the previous year, as it struggled to post revenue growth amid stiff competition in the nation’s maturing wireless market.
China Telecom Corp. Ltd. on Monday reported its profit plunged 18% in the third quarter due partly to a one-time gain the previous year, as it struggled to post revenue growth amid stiff competition in the nation’s maturing wireless market.