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Home > Company Index > Telecommunications > Diversified Telecom Service Providers > China Telecommunications Corporation

China Telecommunications Corporation
 PROFILE
There was once a great wall between China Telecommunications and competition. In hopes of improving telecom service, the Chinese government created rivals for the state-owned company and broke up its monopoly. China Telecom provides fixed-line phone services to more than 130 million subscribers on the Chinese mainland, which is more than 60% of the market but only about 15% of the population. State-owned China Unicom has absorbed China Telecom's paging services, while other operations went to China Mobile and China Satellite. As the country prepares to join the World Trade Organization, China Telecom is considering a foreign stock-market listing to finance future expansion, including mobile telephony.

 COMPETITION
China Mobile (Hong Kong) Limited (CHL)
China Unicom Limited (CHU)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 18,484.60
Employees: 529,293
Revenue per employee: $34,923.19

 KEY PEOPLE
• Zhou Deqiang
    CEO

 CONTACT INFO
33 Er Long Rd.
Beijing 100032, China
Phone: 86-10-6602-7002
Fax: 86--
Online: Web Site

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