Beijing, China, November 30, 2011
China Telecom and AT&T* have signed a strategic framework agreement to expand their existing relationship in order to deliver advanced global solutions to multinational companies (MNCs).
Today’s announcement builds upon the long-standing relationship between AT&T and China Telecom, and the success of Shanghai Symphony Telecommunications Co., Ltd. – a joint venture formed between AT&T, China Telecom and Shanghai Information Investment Co. in 2000 – the first Sino-foreign telecommunications services joint venture in China.
With today’s announcement, the two companies are working to:
- Expand AT&T’s existing IP-VPN service in China to allow broader national reach, greater technology choice, enhanced performance and reduced total cost of ownership, as MNCs continue to expand their business in China. The companies also intend to explore jointly deploying an expanded suite of VPN-based services, as well as advanced services like telepresence, managed hosting, cloud-based services, network integration services, and enterprise mobility solutions.
- Connect the China Telecom and AT&T MPLS-based IP networks in the United States, to provide the same world class global experiences for Chinese multinationals as they grow outside China;
- Explore the possibility of providing mutual support in other regions of the world;
- Provide bilateral WiFi roaming as an additional access capability
- Simplify intercompany business processes and put in place tools to help both companies operate more efficiently.
“Our customers have told us that enhanced communication services between China and the rest of the world is a key factor for improving their competiveness and global expansion,” said Roman Pacewicz, AT&T Business Solutions senior vice president of marketing and global strategy. “Developing this strategic framework agreement will allow customers with operations in China to take advantage of the same type of business transformational services they have in other parts of the globe.”
“Through the strategic collaboration between China Telecom and AT&T, China Telecom will be able to enhance its end-to-end service capabilities via AT&T networks in the US. We will better serve our China-based and Asian customers in the US,” said Kou Fengda, managing director of China Telecom’s global business. “China Telecom and AT&T will also be able to directly provide bilateral WiFi roaming capabilities for each other’s customers so that they can enjoy enhanced wireless broadband services.”
Through the definitive agreements to be developed under the framework agreement, the parties hope to enable the delivery to MNCs of a host of benefits, including:
- Simpler contracting and billing arrangements;
- Even higher service levels for MPLS-based services;
- Lower costs;
- An expanded portfolio of services between the US and China;
- Shortened development time for new products and services
AT&T has been in China for more than 20 years, and was the first and still the only foreign company to form a telecommunications services joint venture in China. AT&T already provides services to more than 600 customers in China and has experienced double digit percentage growth for the past three years.
AT&T’s Asia operations have been in place for more than 30 years, with extensive experience serving MNC customers in one of the most diverse regions in the world. Asia is one of the fastest growing regions for AT&T worldwide, averaging double digit annual revenue growth for the last five years. In addition to its Shanghai Symphony Telecommunications joint venture in China, AT&T was the first company to obtain a joint venture telecommunications license in India in 2006, and the first foreign company to obtain a Multimedia Services Operator license in Indonesia earlier this year.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
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
VIP Customer Hotline: 4008105518
China Telecom Global Services Center: 8621-50581000 (English)
AT&T Inc. (NYSE:T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation’s fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T | DIRECTV brands. The company’s suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.
Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATT.
© 2011 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T’s filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.