• 2000 December 20

Company Description

Telecommunications operator in China

On December 20, 2000,the former China TieTong----China Railway Communication Co., Ltd. (China Railcom), was founded. At January 20, 2004, it was shifted from the Ministry of Railways to the administration of the State-owned Assets Supervision and Administration Commission (SASAC) and its name was changed to 'China TieTong Telecommunications Corporation.' Ever since its incorporation, China TieTong is a major state-owned basic telecommunications operator. With total assets of 42.4 billion RMB and a staff of 72,000, China TieTong has established 31 provincial braches (including those located in the autonomous regions, municipalities directly under the Central Government), 316 municipal branches and five holding subsidiaries. With its networks characterized by nationwide coverage, advanced technology and complete functions, China TieTong demonstrates its strength in quick response and flexible networking due to its completely uniform dispatching and management over all its networks. In addition to varied value-added services, currently it also offers basic telecom services to the public, including: domestic/international voice, data, image and multimedia communications, and domestic communications resource leasing service. With perseverance in excellent services to win market shares, high quality to build the brand, and differentiation to enhance competitiveness, China TieTong has never given up its endeavor to deepen reform and to reinforce management. As a result, over the three years since its foundation, China TieTong has kept a track of record-making performance--annual revenues from main businesses increased by more than 37%, fixed-line subscribers doubled every year, and the number of Internet broadband users in 2003 was 8.52 times of that in 2002. Through its long history of providing communications services to railway transportation, China TieTong has trained its people and enriched its experience, and obtained the strength to provide high quality services particularly to cross-regional and cross-industrial clients. On the basis of honesty and integrity, they are willing to cooperate with friends from all circles for joint development in the future.