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In March 1998, the government had passed a telecommunications law that changed the regulatory structure and allowed more competition in the industry.
In early December 1998 the government announced it was considering breaking up the China Telecom monopoly by breaking up the company itself.
More than 20.8 million new customers joined in 1998, including 7.7 million cellular-phone customers.
Business was good, with revenues for the first three quarters of 1998 at US$20 billion.
The First Breakup: 1999
The breaking up of the company finally began in 1999 and took more than two years to complete.
In May of 2000, the company's IPO plans hit another snag when investors opted for the competitor, China Unicom, over China Telecom.
In December 2000, China Telecom had begun to prepare for an initial public offering to raise US$10 to US$15 billion on the New York and Hong Kong stock exchanges.
In 2000, the mobile operations were spun into a separate company called China Mobile, and soon became the second largest mobile network in the world.
The price wars of early 2001 were only the start of the emerging competitive telecom market.
As of May 2002, the telecom market in China was shared by China Telecom Corporation, China Netcom Communication Group Corporation, China Mobile, China Unicom, China Satcom, and China Railcom.
2003 – China Telecom Americas completes its voice platform, launching a wholesale business to buy and sell large-scale voice capacity from international carriers on a bilateral basis.
China Telecom Americas achieves a 99 percent installation rate for 2004, exceeding the industry average of 93 percent.
In order to further enhance its global service quality and accelerating overseas business expansion, China Telecom established China Telecom Global Limited in 2012, which is headquartered in Hong Kong, China.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| China Mobile | 1997 | $108.0B | 456,239 | 1 |
| UTStarcom Inc | - | $101.6M | 600 | - |
| Infinera | 2000 | $1.4B | 3,200 | - |
| Aeris Communications | 1992 | $21.4M | 51 | 24 |
| Orchestra Technology | 2010 | $3.2M | 125 | 2 |
| SeaChange International | 1993 | $32.5M | 281 | - |
| G3 Technologies | 2001 | $8.5M | 240 | - |
| Harbor Networks | 1995 | $17.5M | 4 | - |
| CableLabs | 1988 | $70.7M | 100 | 5 |
| Spirent Communications | 1936 | $476.9M | 1,505 | 5 |
Zippia gives an in-depth look into the details of China Telecom Global, including salaries, political affiliations, employee data, and more, in order to inform job seekers about China Telecom Global. The employee data is based on information from people who have self-reported their past or current employments at China Telecom Global. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by China Telecom Global. The data presented on this page does not represent the view of China Telecom Global and its employees or that of Zippia.
China Telecom Global may also be known as or be related to China Telecommunications Corporation and China Telecom Global.