China - China Telecom grows nine-month profit 10.1%.

China Telecom grew its nine-month revenues by 11.8 percent to CNY 182.36 billion from CNY 163.16 billion a year earlier. Revenues from sale of mobile handsets were approximately CNY 10.10 billion, up nearly two times over the corresponding period of last year. Meanwhile, other operating expenses increased significantly as a result of the corresponding significant increase in the costs of mobile terminals sold. Over the period, the group increased the sales initiatives and therefore, selling, general and administrative expenses increased by 13.7 percent to CNY 33.57 billion. EBITDA …