News Snapshot:
China's three leading state-owned carriers face government pressure to boost shareholder returns as 5G investment declines. © Reuters KENJI KAWASE, Nikkei Asia chief business news correspondent August 17, 2022 01:01 JST | China Copy Copied HONG KONG -- China Telecom will pay its first-ever interim dividend as investments in 5G infrastructure near the peak and the country's big three state-owned telecommunication giants shift toward greater shareholder rewards at Beijing's urging. Ke Ruiwen, chairman of China Telecom, told reporters during an online briefing Tuesday that the board has decided to pay 0.12 yuan per share in interim dividends. The dividend payout...
