China Telecom shares jumped sharply today after the company announced earnings that surpassed analysts’ forecasts. The strong results boosted investor confidence, leading to a surge in buying activity.

Key Highlights of the Earnings Report

• Revenue increased by 15% year-over-year.
• Net profit margin expanded to 8%.
• Subscriber base grew by 10 million.

Analysts attribute China Telecom’s success to its aggressive expansion in the 3G and broadband markets. The company has also benefited from the growing demand for mobile data services.

Future Outlook

China Telecom expects to maintain its growth momentum in the coming quarters. The company plans to invest heavily in its network infrastructure and expand its service offerings.

“We are confident that we can continue to deliver strong results,” said a company spokesperson. “We are committed to providing our customers with the best possible service.”