601728.SS SHH

China Telecom Corporation Limited, along with its affiliated entities, delivers a comprehensive array of wireline and mobile communication solutions primarily across the People's Republic of China. Its offerings span traditional wireline voice services, encompassing local and long-distance calls, alongside a robust CDMA mobile voice network that supports local, domestic, and international long-distance communication, as well as various intra-provincial, inter-provincial, and international roaming capabilities. The company also furnishes wireline internet access via both dial-up and broadband connections, complemented by a diverse range of value-added services for wireline, internet, and mobile platforms. Beyond core telecommunications, China Telecom provides integrated information application services, prominently featuring its Best Tone offerings. It also delivers sophisticated IT-based integrated solutions, including system integration, outsourcing, specialized advisory services, information application, knowledge management, and software development. For governmental bodies, major enterprises, and other institutions, it supplies managed data services such as digital data networks, frame relay, and asynchronous transfer mode, in addition to leased line services. Furthermore, the company handles the sale, repair, and upkeep of customer-end equipment. Its extensive portfolio additionally features international telecommunications provisions, cloud-based products and services, e-commerce platforms, music production and related information services, instant messaging solutions, and expertise in capital and financial management. The firm is also involved in the distribution of telecommunications terminals and equipment. As of December 31, 2021, the corporation boasted an impressive customer base, with approximately 372 million mobile subscribers, 170 million wireline broadband subscribers, and 107 million operational access lines. Established in 2002, China Telecom Corporation Limited operates from its headquarters in Wan Chai, Hong Kong, and functions as a subsidiary of China Telecommunications Corporation.