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Last $0.06 USD
Change Today 0.00 / 0.00%
Volume 0.0
RTAS On Other Exchanges
As of 4:30 PM 06/15/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Plaza Sanhe

Unit 15A

No. 121 Yanping Road

JingAn District

Shanghai, 200042


Phone: 86 6103 2230


Redtone Asia, Inc. provides telecommunications services for mobile, fixed, and international gateway in the People’s Republic of China (PRC). The company offers discounted call services for end users and corporate segment; and paperless reload services for prepaid mobile air-time reload for end user in Shanghai covering all three major telecommunication operators, including China Mobile Communications Corporation, China Unicom, and China Telecom Corporation Limited. Products and Services The company’s subsidiary, Redtone Telecommunication (China) Limited (REDtone China), offer various services to customers, such as discounted call services for consumers (EMS); discounted call services for corporate customers; reload services for prepaid mobile; and discontinued prepaid shopping-card services. For the telecommunications services that the company provides, customers would also benefit from value added services in its convenient reload, customer care services and support, and e-billings. Customers The company’s major customers are end users and corporate clients in Shanghai. The company has business collaboration agreements with China TieTong Telecommunications. Suppliers The company’s suppliers are primarily termination partners and telecommunication players, such as China TieTong Telecommunications, China Mobile Communications Corporation, China Unicom, and China Telecom Corporation Limited. Intellectual Property The ‘REDtone’ logo in Chinese is registered trademarks in China valid until October 13, 2020. Regulatory Matters REDtone China has a business license issued by PRC’s State Administration for Industry and Commerce to carry out the distribution services. Competition The company competes with China Telecom Corporation Limited; China Mobile Communications Corporation; and China United Network Communications Group Co., Ltd., as well as Smartpay, Defeng, and YiQiao.


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Company Last Change
China Telecom Corp Ltd $3.85 HKD +0.05
China United Network Communications Ltd CNY6.19 CNY -0.03
Smartpay Holdings Ltd $0.15 NZD +0.006
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Price/Sales 2.1x
Price/Book 2.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.2x

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