Zacks Investment Research upgraded shares of CHINA TELCM-ADR (CHA) from UNDERPERFORM to NEUTRAL on August 02, 2012, with a target price of $51.40.
China Telecom Corporation is a state-owned telecommunications company in China. They operate local telephone networks in ten provinces in China. They operate domestic and international fixed-line networks and infrastructure including wireless local loop, as well as telecom network-based voice, data, video, multimedia and information services. They are also engaged in international telecom service settlement and expand into overseas markets.
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