China Telecom

China Telecom Description:

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China Telecommunications Corporation (China Telecom) is an extra-large State-owned telecom operator in China, and was selected into the Top 500 Global Corporations for many years. China Telecom mainly provides the integrated information services including the fixed-line telephone, mobile service, Internet connection and applications services. By the end of 2008, China Telecom owns 214 million fixed line telephone subscribers, 35.44 million mobile subscribers, and 47.18 million broadband customers. The total asset of China Telecom is 632.2 billion yuan, and the yearly turnover revenue is more than 220 billion yuan. There are 670 thousand employees in total in China Telecom. China Telecom was ratified as the Class-A Enterprise for four consecutive years since 2004. China Telecom was rated respectively as the “World Most Admired Enterprise ”,“Best Fixed-Line Telephone Company in Asia”,“Best Telecom Company in China”by the magazines of“Fortune”, “Asia Finance”,“EUROMONEY”and“Capital Magazine”, etc. Also, China Telecom was awarded with the titles of the “Best Managed Company”, “Best Enterprise Governance”,“Best Dividends Promise-Keeping Company”,“Best Institutional Investor Relations Awards”and“Most Trusted Strategy in the Company”.