China Telecom Corporation Limited
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Overview
Chairman's Statement
Corporate Structure
Organization Chart
Management
Board of Directors and Senior Executives
Corporate Governance
Overview
Board of Directors
Supervisory Committee
Audit Committee
Remuneration Committee
Nomination Committee
Key Strategies
Corporate Culture
Human Resources Development
Corporate Social Responsibility
Recognition & Awards
Overview

China Telecom Corporation Limited is a full services integrated operator and the world's largest wireline telecommunications and broadband services provider, providing telecommunications and information services including wireline voice, mobile voice, data, video and multimedia in the PRC. As of the end of 2009, the Company has wireline access lines in service of 189 million, broadband subscribers of over 53 million and mobile subscribers of about 56 million. The Company's H shares and American Depositary Shares ("ADSs") are listed on The Stock Exchange of Hong Kong Limited and the New York Stock Exchange, respectively.  

Corporate Video
Duration: 5:53 min.

Milestones

  • JANUARY 2009
    Obtained a 3G mobile licence for operation of the CDMA2000 3G mobile business
  • OCTOBER 2008
    Completion commencement of the CDMA business acquisition and launch of mobile services operation
  • JUNE 2007
    Acquisition of China Telecom (HK), China Telecom (Americas) and China Telecom System Integration from China Telecommunications Corporation at a purchase price of RMB1.4 billion, expanding markets for the Company's development.
  • 2006
    Strategic transformation gaining momentum with integrated development of voice and non-voice businesses and driving sustained growth; revenue from non-voice business representing 29% of total operating revenues (excluding amortisation of upfront connection fees)
  • OCTOBER 2005
    Issued 6-month, RMB10 billion denominated short term commercial paper with an annual interest rate of 2.54%.
  • MAY 2004
    Global Offering of approximately 5.3 billion new H shares with net proceeds of approximately US$1.5 billion.

    JUNE 2004
    Acquisition of ten telecom companies as its wholly-owned subsidiaries, including Hubei Telecom, Hunan Telecom, Hainan Telecom, Guizhou Telecom, Yunnan Telecom, Shaanxi Telecom, Gansu Telecom, Qinghai Telecom, Ningxia Telecom and Xinjiang Telecom from China Telecommunications Corporation at a purchase price of RMB27.8 billion, expanding the Company's service areas to 20 provinces.

    DECEMBER 2004
    Mr. Wang Xiaochu was appointed as the Chairman and CEO on the retirement of Mr. Zhou Deqiang.
  • DECEMBER 2003
    Acquisition of six telecom companies as its wholly-owned subsidiaries, including Anhui Telecom, Fujian Telecom, Jiangxi Telecom, Guangxi Telecom, Chongqing Telecom and Sichuan Telecom, from China Telecommunications Corporation at a purchase price of RMB46.0 billion, expanding the Company's service areas to 10 provinces.
  • SEPTEMBER 2002
    Establishment of the Company with service areas including Shanghai, Guangdong, Jiangsu and Zhejiang.

    NOVEMBER 2002
    The Company was listed on The Stock Exchange of Hong Kong Limited and the New York Stock Exchange with net proceeds from IPO of approximately US$1.3 billion.

    H share: The Stock Exchange of Hong Kong Limited
    HKEx:728
    ADS: New York Stock Exchange Inc.
    NYSE:CHA

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