China Telecom Corp. is a Chinese telecommunications company. It is one of the red chip listed companies of state-owned China Telecommunications Corporation.
Its H shares have been traded on the Stock Exchange of Hong Kong since 15 November 2002. It is a constituent of the Hang Seng China Enterprises Index, the index for the H shares of state-controlled listed companies. 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 of 2017, there were 153 million customers using China Telecommunications Corporation’s internet service, of which 134 million of them belong to China Telecom Corp., Ltd.
Traded as: SEHK: 728 (H share); NYSE: CHA (ADS)
Founded: 10 September 2002;
Founder: China Telecommunications Corporation
Headquarters: Beijing, China
- Fixed-line telephony
- mobile telephony
- Internet access
- digital television
Owner: China Telecommunications Corporation (70.89%)