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China Telecom
China Telecom

Telecom service & equipment / Telecommunications and network services

At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview
China Telecom is a state-owned telecommunications company in China. It is one of the largest fixed-line and broadband service providers in the country, with more than 400 million customers. The company was founded in 2002 and is headquartered in Beijing. China Telecom provides a wide range of services including landline telephone, broadband internet, mobile phone, and digital television services. It is also the largest provider of corporate network services in China, with a presence in over 200 countries and regions worldwide. China Telecom is listed on both the Hong Kong and New York Stock Exchanges. The company is also actively expanding its 5G network and aims to be a leading player in the global telecommunications industry. Its major competitors include China Mobile and China Unicom.
What is special about the company?
1. State-owned: China Telecom is the largest telecommunications company in China and is state-owned, which gives it strong backing from the Chinese government.
2. Global presence: China Telecom has a global presence, with operations in over 40 countries and regions, making it one of the largest and most well-established telecommunications companies in the world.
3. Technological advancements: The company is at the forefront of technological advancements in the telecommunications industry, particularly in the development of 5G technology. China Telecom has successfully launched 5G networks in major cities in China and is actively promoting 5G adoption globally.
4. Extensive network coverage: China Telecom has an extensive network coverage throughout China, with over 480 million mobile subscribers and 150 million broadband subscribers.
5. Diversified services: In addition to traditional telecommunication services, China Telecom also offers a wide range of digital services, including cloud computing, internet of things (IoT), and e-commerce, making it a one-stop-shop for both individuals and businesses.
6. Strong financial performance: As a state-owned company, China Telecom has a stable financial backing and has consistently reported strong financial performance over the years.
7. Strategic partnerships: China Telecom has established strategic partnerships with major international companies, such as Huawei, IBM, and Microsoft, to enhance its capabilities and expand its global reach.
8. Corporate social responsibility: China Telecom is committed to corporate social responsibility and has implemented numerous initiatives to promote sustainability, inclusivity, and community development.
9. Recognitions and awards: The company has been recognized for its excellence and innovation in the telecommunications industry, winning awards such as "Best Managed Company in Asia," "Best Global Carrier," and "Green Mobile Award."
10. Economic impact: China Telecom's strong presence and impact in the telecommunications industry have contributed significantly to China's economic growth and development, both domestically and globally.
What the company's business model?
China Telecom Corporation Limited is a state-owned telecommunications company in China that provides a wide range of telecommunications services, including mobile, fixed-line, broadband, data communication, and information technology services. Its business model can be divided into three main elements:
1. Infrastructure Services:
China Telecom's primary business is providing telecommunication infrastructure services, including landline and mobile networks, internet and broadband services, data centers, and cloud services. These infrastructure services are essential for the company's other business segments and for delivering services to consumers and businesses.
2. Consumer and Business Services:
China Telecom offers a variety of services to individual consumers and businesses, including mobile and fixed-line voice services, broadband internet, digital TV, and international services. The company also provides value-added services such as mobile payment, music streaming, and e-commerce.
3. Enterprise Solutions:
China Telecom also offers enterprise solutions to businesses and government organizations, including cloud computing, big data analytics, internet-of-things (IoT) solutions, and network security services. These services help businesses to increase their operational efficiency and lower their operating costs.
In addition to these three main elements, China Telecom is also expanding its operations in emerging technologies such as 5G, artificial intelligence (AI), and the Internet-of-Things (IoT). By continuously investing in new technologies, the company aims to stay competitive and maintain its leadership position in the Chinese telecommunications market.
Interesting facts about the company
1. China Telecom is one of the largest telecommunications companies in the world, with over 300 million mobile subscribers and 113 million broadband subscribers as of 2021.
2. The company was founded in 2002 and is headquartered in Beijing, China.
3. China Telecom was formed from a restructuring of a state-owned telecommunications company and was listed on the New York Stock Exchange in 2002.
4. The company is a major provider of fixed-line telephone, mobile, broadband, and internet services in China.
5. China Telecom’s mobile network covers over 99% of the population, making it one of the most extensive networks in the world.
6. The company also operates submarine cable systems connecting China to over 15 countries, providing international communication services.
7. China Telecom has been named one of the Fortune Global 500 companies for 15 consecutive years, ranking 129th in 2020.
8. In addition to its core telecommunications business, China Telecom has also expanded into other areas, including cloud computing, data centers, and smart home services.
9. China Telecom played a significant role in the development of China’s 5G network, with the company investing over $6.7 billion in 2019 alone.
10. The company also has a strong commitment to sustainability and has implemented various initiatives to reduce its carbon footprint and promote green practices. In 2020, China Telecom was named one of the world’s most sustainable companies by Corporate Knights.
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