Top 10 Telecom Companies of the World 2018

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6. China Telecom

Headquartered in Beijing, the Chinese state owned Telecommunications Company China Telecom was founded on 17th May 2000.


Image: Wikimedia

The company is a constituent of Hang Seng China Enterprises Index, the index for H share of state-controlled listed companies, which is traded in the Stock Exchange of Hong Kong since 15 November 2002. Even the company’s American Depositary Shares ("ADSs") are listed on the New York Stock Exchange respectively.

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After marketization of China, the state-owned enterprise China Telecommunications Corporation spin off the brand and China Telecom started operating as a subsidiary, being floated in the Stock Exchange of Hong Kong. As at the end of 2016, the Company had mobile subscribers of about 215 million, wireline broadband subscribers of about 123 million and access lines in service of about 127 million. The market capitalization for the company is about 35.01B on March 5, 2018.

State-owned China Telecom Global has its sights set on expanding its data Centre business across the ‘One Belt, One Road’ region, after signing an agreement with UK data Centre owner Global Switch and Chinese data Centre operator Daily Tech. In the Financial Year 2017, the Operating Revenue stood at RMB 184118 million, as compared to RMB176828 million. EBITDA margin has decreased from 32.6% in 2016 to 31.6% in 2017. Earnings per share have increased from 0.144 RMB to 0.155 RMB and capital expenditure from RMB 40746 million to RMB 41117 million. The company now has assets of RMB 665491 million as compared to RMB 652368 million.


Revenue (in Million $): 58917.76



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