About China Telecom Corporation
China Telecom Corporation is a company based in Beijing (China) founded in 2002.. The company has 277,670 employees as of December 31, 2024. China Telecom Corporation operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and AT&T, among others.
- Headquarter Beijing, China
- Employees 277670 as on 31 Dec, 2024
- Stage Public
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Sectors
Telecommunications
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Phone
*********
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Website
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Social
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- Legal Name China Telecom Corp. Ltd. Class A
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Annual Revenue
$71.43 B (USD)3.04as on Dec 31, 2024
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Net Profit
$4.52 B (USD)8.43as on Dec 31, 2024
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EBITDA
$19.25 B (USD)-0.01as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
277670
as on Dec 31, 2024
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IPO & Listings of China Telecom Corporation
China Telecom Corporation is a publicly listed company on the SSE with ticker symbol 601728 in China, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of China Telecom Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by China Telecom Corporation
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - China Telecom Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
China Telecom Corporation Comparisons
Competitors of China Telecom Corporation
China Telecom Corporation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jio, MTN, Airtel, Proximus Group and AT&T, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Telephony, internet, television, and network-based ICT services are provided.
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| domain | founded_year | HQ Location |
Mobile internet, TV, and telecommunication services are provided.
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on China Telecom Corporation
Frequently Asked Questions about China Telecom Corporation
When was China Telecom Corporation founded?
China Telecom Corporation was founded in 2002.
Where is China Telecom Corporation located?
China Telecom Corporation is headquartered in Beijing, China.
How many employees does China Telecom Corporation have?
As of Dec 31, 2024, the latest employee count at China Telecom Corporation is 277,670.
What is the annual revenue of China Telecom Corporation?
Annual revenue of China Telecom Corporation is $71.43B as on Dec 31, 2024.
What does China Telecom Corporation do?
China Telecom Corporation was established in 2002 and is based in Beijing, China. Operations are focused on the telecommunications sector, where broadband internet access, mobile communication, and related services are delivered to customers. The company maintains a presence in domestic and international markets. In 2022, revenues amounting to 70.29 billion were achieved, with net profits recorded at 4.1 billion.
Who are the top competitors of China Telecom Corporation?
China Telecom Corporation's top competitors include MTN, Proximus Group and AT&T.
Is China Telecom Corporation publicly traded?
Yes, China Telecom Corporation is publicly traded on SSE under the ticker symbol 601728.
What is China Telecom Corporation's ticker symbol?
The ticker symbol of China Telecom Corporation is 601728 on SSE.