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| Wednesday, August 27, 2008 22:38:10 |
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With ongoing delays over the issuing of third generation mobile network licenses, China’s telecoms sector is a hotbed of restructuring rumors and uncertainty. The Market Journal casts an eye over some of the rumors, and rules out two of the three major myths
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China Telecom Corporation Limited is a telecommunications and information service provider in China. China Telecom Corporation Limited is a telecommunications and information service provider in China. As thw biggest ISP services provider in the country, China Telecom owns 70 percent share of the domestic Internet services market. In 2005, its broadband services users amounted to 21020000. The principal businesses of the Company includes provision of wireline telecommunications and other relevant services, including local telephone, domestic long-distance telephone, international long-distance telephone, Internet and managed data, leased line and other related services to its subscribers within its service area. It provides wireline telecommunications services across 15 provinces, 4 municipalities and 3 autonomous regions. For the fiscal year of 2005, China Telecom had revenues rose 5 percent to 169.31 billion yuan as a result of higher sales from internet access services, increase in value-added services sales and increased interconnection sales.
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