Overview

Overview

China Telecom Corporation Limited ("China Telecom" or the "Company", a joint stock limited company incorporated in the People's Republic of China with limited liability, together with its subsidiaries, collectively the "Group") is a large-scale and leading integrated information services operator in the world, providing wireline & mobile telecommunications services, Internet access services, information services and other value-added telecommunications services primarily in the PRC. As at the end of 2018, the Company had mobile subscribers of about 303 million, wireline broadband subscribers of about 146 million and access lines in service of about 116 million. The Company's H shares and American Depositary Shares ("ADSs") are listed on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") and the New York Stock Exchange respectively.

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Duration: 5:53 min.
Milestones

Dec
Being granted the approval to utilise the 3,400-3,500MHz spectrum nationwide for 5G system trial
The total number of mobile subscribers exceeded 300 million with a net addition of 53.04 million, reaching a new record high for the Company
Restructuring the R&D system by launching China Telecom Research Institutes and 5G Innovation Centre; achieving innovative breakthroughs in career advancement and employee incentive mechanism for technical talents and mastering key technologies in key information communications areas
Fully promoting "cloudification" and comprehensively upgrading services and network to cloud in terms of infrastructure, products service capabilities and sales mode surrounding cloud computing so as to finally achieve one-stop service covering cloud, network, terminal, application and service aiming at meeting the diversified cloud and network demand for users
Aug
The number of e-Surfing HD (IPTV) subscribers achieved a breakthrough of 100 million
Jul
Implemented "Speed Upgrade and Tariff Reduction" and ceased charging domestic mobile data roaming tariff
Jun
Published the China Telecom's 5G Technology White Paper, which was the first time to fully elaborate 5G technology perspectives and the overall strategy as a global operator; from the view points of business development, network evolution and user perception, comprehensively elaborated the "Three Clouds" characterised 5G target network structure initiated by China Telecom namely control cloud, access cloud and transfer cloud
May
Published the White Paper of Artificial Intelligence Terminal, specified and defined AI smartphone from AI calculation, AI capability and AI application aspects, promoting the convergence of multi-mode terminal value chain and China Telecom's AI capabilities in network security, Big Data and cloud computing etc., to bring more intelligent AI experiences and services for users
Apr
Completed the nation’s first 5G network-based remote-controlled driving trial in Xiongan