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china telecom corp ltd-h (728) Snapshot

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china telecom corp ltd-h (728) Details

China Telecom Corporation Limited, together with its subsidiaries, provides wireline and mobile telecommunications services primarily in the People's Republic of China. It offers wireline voice services, including local wireline telephone services and long distance wireline services; CDMA mobile voice services; wireline Internet access services comprising dial-up and broadband services; wireless Internet access services; and wireline, Internet, and mobile value-added services. The company also provides Best Tone information services; and information technology-based integrated solutions, such as system integration, outsourcing, special advisory, information application, knowledge services, and software development services. In addition, it offers managed data services that include digital data network, frame relay, and asynchronous transfer mode services for government agencies, large corporations, and institutions; and leased line services, as well as sells, repairs, and maintains customer-end equipment. Further, the company provides international telecommunications services, including lease of network equipment, International Internet access and transit, and Internet data centre services in various countries of the Asia Pacific, Europe, Africa, South America, and North America regions; and music production and related information, instant messenger, and e-commerce services, as well as sells telecommunications terminals and calling cards. As of December 31, 2014, it had approximately 144 million wireline access lines in service; 107 million wireline broadband subscribers; and 186 million mobile subscribers. The company was incorporated in 2002 and is based in Beijing, the People's Republic of China. China Telecom Corporation Limited operates as a subsidiary of China Telecommunications Corporation.

300,960 Employees
Last Reported Date: 04/9/15
Founded in 2002

china telecom corp ltd-h (728) Top Compensated Officers

President, Chief Operating Officer and Execut...
Total Annual Compensation: CNY819.0K
Senior President of the Shandong Branch and E...
Total Annual Compensation: CNY665.0K
Executive Vice President and Executive Direct...
Total Annual Compensation: CNY727.0K
Executive Vice President and Executive Direct...
Total Annual Compensation: CNY719.0K
Executive Vice President and Executive Direct...
Total Annual Compensation: CNY719.0K
Compensation as of Fiscal Year 2014.

china telecom corp ltd-h (728) Key Developments

Four Bids Reportedly Submitted For Telekom Srbije's Takeover

Serbian daily newspaper B92 has reported that the privatization of the national telecoms operator Telekom Srbija a.d. has entered the final phase, and that a total of four bids have been submitted. Previously, media wrote that the interested companies are Telekom Slovenije d.d. (LJSE:TLSG) from Slovenia, offering a joint bid in cooperation with Apollo Investment Corporation (NasdaqGS:AINV) and China Telecom Corp. Ltd. (SEHK:728). However, the Serbian Privatization Agency (SPA) did not wish to disclose any details. The sale attempt is the fourth. It was said that the privatization advisor, Lazard from France, has not disclosed the estimated value. Lazard Freres would analyse the bids over the coming fortnight and rank them.

China Telecom Appoints Chu Ka Yee as Company Secretary

The board of directors of China Telecom Corporation Limited announced that Madam Chu Ka Yee has been appointed as the Company Secretary and Authorised Representative of the company with effect from 6 November 2015.

China Telecom Eyes Telekom Srbija - Report

China Telecom Corp. Ltd. (SEHK:728) is interested in the privatization process for Telekom Srbija a.d., Belgrade-based media reported on November 4, 2015, quoting an official from the Balkan state's telecommunications ministry. Representatives of China Telecom have met with government officials in Belgrade to discuss a potential takeover, news agency Tanjug reported, quoting state secretary at the ministry Tatjana Matic. A call for non-binding bids for state equity in Telekom Srbija, which employs over 9,000 people in Serbia, was issued in July. A total of eight offers were received before the bidding deadline expired on August 2. The Serbian authorities have withheld the names of the bidders. The next phase of the process is shortlisting the bidders that will advance to the subsequent stage of the process. Serbian telecommunications minister Rasim Ljajic has said he expects that the sale process will be completed in the second half of November, 2015.


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China Unicom Hong Kong Ltd $9.68 HKD +0.08
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Price/Cash Flow 2.9x
TEV/Sales 0.4x

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