|Bid||48.120 x 100|
|Ask||48.240 x 300|
|Day's Range||48.120 - 48.240|
|52 Week Range||45.580 - 53.870|
|PE Ratio (TTM)||14.61|
|Dividend & Yield||1.35 (2.80%)|
|1y Target Est||N/A|
China Telecom and Ericsson have partnered to launch a new open IoT platform powered by Ericsson's Device Connection Platform for enterprises to deploy and manage global IoT connections.
The fiber-optic networking specialist soared as one of its largest customers scored a major telecom contract in China.
China Telecom , the smallest of the three wireless carriers in China, has seen its wireless and wireline broadband subscriber base expand over the last few quarters, with its long-term outlook also remaining reasonably strong amid increasing demand for data services.