China Mobile Tietong Explained

China Mobile Tietong
Native Name:中移铁通有限公司
Former Names:China Tietong Telecommunications Corporation
China Railway Communication Corporation, Limited
Type:Private subsidiary of China Mobile
Fate:Acquired by China Mobile in 2008
Hq Location City:Beijing
Hq Location Country:China
Area Served:Mainland China
Industry:Telecommunications
Products:ADSL, fixed line, Internet backhaul network

China Mobile Tietong is a major state-owned basic telecommunications operator in China. Its former name was China Tietong Telecommunications Corporation (abbr. CTT; Chinese: "中国铁通集团有限公司", or abbr. "中国铁通") and also China Railcom (China Railway Communication Corporation, Limited).

History

Founded on December 20, 2000, on January 20, 2004 it was shifted from the Ministry of Railways of the People's Republic of China to the administration of the State-owned Assets Supervision and Administration Commission of the State Council,[1] while it was renamed CTT.

On May 23, 2008, China Tietong was acquired by China Mobile Communications Corp, the state-owned parent company of listed company China Mobile.[2] According to China Mobile, Tietong "will remain relatively independent for the time being".[3]

Business

China Mobile Tietong's main areas of business are providing ADSL and dial-up internet services and selling backhaul on their nationwide backbone network, and the company also has a number of fixed-line telephone subscribers. Lacking access to each home, they work very closely with the cable television provider of each major city and usually offer lower price compared to its competitors. China Mobile Tietong is the third largest fixed-line internet service provider in China, after China Telecom and China Netcom.

See also

Notes and References

  1. Web site: 国务院国有资产监督管理委员会. www.sasac.gov.cn. 2016-09-02.
  2. https://www.bloomberg.com/apps/news?pid=20601087&sid=a_ryexF4S2NI&refer=home "China Begins Revamp of Telecommunications Industry, Xinhua Says"
  3. http://www.interfax.cn/news/2662/ "Telecom industry restructure begins with China Mobile's acquisition of China Tietong"