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Brief introduction of China Telecom

Established in 2002, China Telecom Group Company is a super-large state-owned communication enterprise in China, and has been selected as one of the "Top 500 Enterprises in the World" for many years, mainly engaged in comprehensive information services such as fixed telephone, mobile communication, Internet access and application. By the end of 2008, there were 2140,000 fixed telephone users, 35.44 million mobile telephone users and 47180,000 broadband users. The total assets of the group company are 632.2 billion yuan, the annual business income exceeds 220 billion yuan, and there are 670,000 employees. Since 2004, the company has been rated as an A-class excellent enterprise by the State-owned Assets Supervision and Administration Commission of the State Council for four consecutive years, as "the most admired company in the world", "the best fixed-line telecommunications company in Asia" and "the outstanding telecommunications company in China" by Fortune, Asian Finance and European Money and Capital magazines, and won the best management, the best corporate governance, the best dividend commitment, the best investor relationship and the most convincing corporate strategy in China. China Telecom Group has branches in 365 and 438+0 provinces (autonomous regions and municipalities) and America, Europe, Hong Kong and Macau. It has well-known brands such as "My E-Home", "Tianyi", "knowledgeable person" and "Internet Star", covering urban and rural areas all over the country and reaching all parts of the world, and has the service capacity and channel system of full-service and multi-product integration of telecommunications. China Telecom Co., Ltd. and China Communications Service Co., Ltd., two listed companies under the company's control, have formed a dual equity management pattern of main business and auxiliary business. China Telecom Co., Ltd. was listed in new york, Hong Kong in 2002, and China Communications Service Co., Ltd. was listed in Hong Kong in 2006. Faced with the challenges such as the sharp decline of fixed-line business, a large number of bad assets left by previous telecom reforms, and heavy tasks of reform, development and stability, China Telecom Group Co., Ltd., under the guidance of Scientific Outlook on Development, based on the actual situation and resource characteristics of enterprises, in 2004, through the implementation of customer-centered information innovation strategy, promoted enterprises to get out of the traditional basic telecom network of the telecom industry, vigorously developed non-voice services such as integrated information services, strengthened precise management, and optimized resource allocation, and maintained. From 2004 to 2008, the compound growth rate of the group's main business income reached 6%, the compound growth rate of total profit reached 3.4%, and the proportion of non-voice business income in the main business income increased from 22% to 45%. While pursuing the growth of enterprise value, China Telecom Group Company insists on the harmony between enterprises and society, environment and stakeholders, and earnestly fulfills its corporate social responsibility. Since 2004, it has paid a total of 72.5 billion yuan in profits and taxes, provided nearly 654.38+million jobs to the society through business outsourcing, actively participated in social welfare undertakings, consciously undertaken the task of helping the poor and Tibet, extensively carried out energy-saving and emission-reduction activities, protected the "ecological environment" of the industry, avoided waste of resources and repeated construction, and successfully completed major communication support tasks such as the Beijing Olympic Games. China Telecom Group Co., Ltd., as the main force in China's informatization construction, has made great efforts to develop and popularize informatization applications, and strived to make informatization achievements benefit all sectors of society and the broad masses of the people. It has provided targeted information solutions for more than 20 industries and enterprises, and its service areas have expanded from basic communication to system integration, network security, video conferencing, video surveillance, data center hosting, call center and network maintenance outsourcing, network management, disaster backup, and comprehensive information consultation. Earnestly fulfill the universal service obligation of telecommunications, actively serve "agriculture, rural areas and farmers", continue to promote the "telephone service for every village" project and the "information demonstration project for every village", and implement the promotion of "three electricity services" to the countryside; Actively provide the general public with comprehensive information services such as "food, clothing, housing and transportation", which has made due contributions to promoting the integration of informatization and industrialization, accelerating the construction of rural informatization, narrowing the digital gap between urban and rural areas, and facilitating people to enjoy the new information life. With the implementation of the new round of telecom system reform in 2008 and the issuance of 3G licenses in early 2009, the full-service operation and 3G development of China Telecom Group Company are facing new opportunities and challenges. At a new starting point, China Telecom will further study and practice Scientific Outlook on Development, actively implement the customer-centered information innovation strategy, adhere to the service concept of "customer first, dedicated service" and the business philosophy of "pursuing enterprise value and customer value growth", strive to achieve sound and rapid development of the whole business, be an excellent corporate citizen, and make greater contributions to national economic development and social information construction.