AT&T and China Telecom Make Plans to Expand Business Solutions for Multinational Companies
27 JUNE 2017
Commit to Extending the Joint Venture and Exploring Ways to Develop Solutions in IoT, Cloud-based Big Data, VoLTE Roaming and SDN
BEIJING, June 27, 2017 – AT&T1 and China Telecom signed a framework agreement strengthening their cooperation to develop more advanced network services for multinational companies doing business in China.
The companies are looking to help multinational customers use highly secure global communications to fuel business growth in China and around the world. AT&T and China Telecom will jointly explore ways to create new services in Internet of Things (IoT), cloud-based big data, Voice over LTE (VoLTE) roaming, and software-defined networks (SDN).
The agreement confirms an intent to renew the 20-year authorization for Shanghai Symphony Telecommunications Co. Ltd. (SST), the joint venture formed by AT&T, China Telecom and Shanghai Information Investments, signed in 2000. The parties intend to expand the scope of SST and the locations it serves to bring new business services and technologies to customers.
Under the agreement both companies will:
“Global businesses have to be innovative and agile to succeed today. Growing our relationship with China Telecom, AT&T is helping multinational customers have consistent access to the advanced solutions they need in China. This will help them speed their digital evolution for years to come,” said Thaddeus Arroyo, CEO, AT&T Business Solutions and International segment.
“Working with AT&T, China Telecom is creating future business solutions that use enterprise mobility, cloud, IoT and other technologies.” said Mr. Gao Tongqing, Executive Director and EVP of China Telecom.
AT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, business, mobile and high speed internet services. We offer the nation’s best data network* and the best global coverage of any U.S. wireless provider.** We’re one of the world’s largest providers of pay TV. We have TV customers in the U.S. and 11 Latin American countries. Nearly 3.5 million companies, from small to large businesses around the globe, turn to AT&T for our highly secure smart solutions.
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**Claim based on the Nielsen Certified Data Network Score. Score includes data reported by wireless consumers in the Nielsen Mobile Insights survey, network measurements from Nielsen Mobile Performance and Nielsen Drive Test Benchmarks for Q4 2016 + Q1 2017 across 121 markets.
About China Telecom
China Telecom owns the largest fixed-line telephone network in the world, having 176 million fixed-line telephone subscribers, and 81.27 million broadband customers. China Telecom’s mobile network is one of the largest CDMA networks in the world, with a full coverage over the country. By the end of October 2011, the subscribers’ number of CDMA network reached 120 million. China Telecom’s subsidiary China Telecom Corporation Limited is listed both on New York Stock Exchange and Hong Kong Stock Exchange.
Company website: http://www.chinatelecom.com.cn/
China Telecommunications Corporation
Address: 31Jinrong Street, Xicheng District, Beijing, 100032, China
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China Telecom Global Services Center: 8621-50581000 (English)
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