Headquarters: Beijing, China
Year Founded: 2002
Aliases: N/A
Overview
China Telecom Corp., Ltd. is a Chinese telecommunications company, owned by state-owned China Telecommunications Corporation. Its shares have been traded on the Stock Exchange of Hong Kong since 15 November 2002, and it is a constituent stock of the Hang Seng China Enterprises Index. The company was also listed on the New York Stock Exchange until January 2021.
China Telecom was a brand of China Telecommunications Corporation, but after the market liberailization of China, the state-owned enterprise spun off the brand and operated it as a separate company, floating it on the Hong Kong Stock Exchange.
As at the end of 2020, the Company had mobile subscribers of about 351 million, wireline broadband subscribers of about 159 million and access lines in service of about 108 million.
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