CHINA TELECOM 2025 Annual Report, full of quantum!

C114 News, March 25 (Yunqing) - Last night, China Telecom released its 2025 annual report. During the reporting period, China Telecom achieved operating revenue of 523.9 billion yuan, with service revenue of 485.4 billion yuan, a year-on-year increase of 0.7%. The net profit attributable to shareholders of the listed company was 33.2 billion yuan, a year-on-year increase of 0.5%; capital expenditure was 80.4 billion yuan. This annual report from China Telecom contains numerous references related to quantum technology, including but not limited to: Deepening integrated collaboration at home and abroad, strengthening the adaptation and promotion of new strategic businesses such as cloud, AI visual network, Internet of Things, satellites, quantum, and security in overseas scenarios, and actively expanding markets along the Belt and Road. Quantum revenue is expected to grow by 65.4% year-on-year in 2025. Focusing on government and enterprise customers, deeply cultivating the fields of quantum communication, quantum computing, and quantum precision measurement, accelerating the landing of full-stack quantum products, with the scale of quantum communication users exceeding 6.8 million, serving over 5,000 industry clients in government affairs, finance, energy, and other fields; achieving productization of three application scenarios: quantum computing real machine deployment, cloud platform applications, and quantum information education, providing quantum computing power and subject research support for universities; accelerating the process of quantum precision measurement technology from "engineering" to "marketization," deploying applications in typical scenarios such as geological exploration. Releasing the world's first distributed cryptographic system integrating QKD and PQC, establishing the "Tianyan-287" superconducting quantum computer with "quantum computing superiority" capabilities, with performance at the forefront globally. Continuously promoting high-level open cooperation, building a co-creation, co-governance, and sharing industrial ecosystem. Continuously strengthening industry-university-research cooperation, collaboratively organizing to promote the quantum talent innovation space of central enterprises, continuously expanding the quantum communication innovation consortium, and successfully applying for multiple national-level scientific and technological projects in collaboration with high-level universities. Based on quantum security infrastructure, continuously iterating quantum products covering all domains, accelerating the promotion of "quantum +" application scale. Focusing on the needs of Chinese-funded enterprises going abroad and foreign-funded enterprises coming to China, promoting upgrades of basic connectivity products such as OTN and SD-WAN, and accelerating the overseas expansion of strategic emerging businesses such as cloud, AI visual network, Internet of Things, satellites, quantum, and security. The company's strategy centers on technological innovation, accelerating the advancement of high-level technological self-reliance and self-improvement, focusing on four key technologies: network, cloud and cloud-network integration, artificial intelligence, and quantum/security, continuously increasing efforts to tackle key core technologies, and accelerating the construction of leading technology enterprises.