| Market Capitalization (Millions $) |
1,912 |
| Shares
Outstanding (Millions) |
165 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
1,846 |
| Net Income (TTM) (Millions $) |
170 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
5 |
Business Description
China Telecom Corp Ltd is a state-owned telecommunications company based in China, providing telecommunications services to millions of customers in mainland China. China Telecom was established in 2002 by merging China Telecom (Hong Kong) Ltd and China Netcom.
China Telecom operates in the areas of fixed-line, mobile, and broadband services, offering a comprehensive range of voice, data, video, and value-added services to customers. It is one of the three major telecommunications service providers in China, alongside China Mobile and China Unicom.
The company has a broad network across China, consisting of both domestic and international communication lines, with extensive coverage in China's major cities and provinces. As of 2020, China Telecom has over 350 million mobile subscribers, making it the second-largest mobile carrier in the country after China Mobile.
In addition to its core telecommunications services, China Telecom provides various other services such as cloud computing, internet of things (IoT), smart home, and digital lifestyle services. Furthermore, the company has invested in the construction of cable landing stations, providing international and domestic interconnection services.
China Telecom is also actively expanding its operations globally, with holdings in international markets such as Thailand, Brazil, and the United States. It has also played a vital role in connecting China with the rest of the world, through its submarine and terrestrial cable systems, providing reliable and robust communication links for China's expanding economy.
Overall, China Telecom is an innovative and technologically advanced telecommunications company that has made a significant contribution to China's rapid transformation into a digitalized society. With its commitment to providing high-quality services to its customers, the company is well-positioned to continue playing a vital role in shaping the future of telecommunications in China and globally.
Company Address: Tower B, Hongqiao Lianhe Building Zagreb 20051 City of Zagreb
Company Phone Number: 8893 0014 Stock Exchange / Ticker: NASDAQ CHA
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