| China
Telecom opens its subsidiary in US (11/06/2002)
China Telecom, the largest fixed-line telecommunications operator
in China, opened its subsidiary --China Telecom (USA) Corporation,
here on Monday.
With the opening of this arm, China Telecom will become the first
Chinese telecommunications company to start business in the United
States.
Chang Xiaobing, Vice President of China Telecom, said at an opening
ceremony that "setting up China Telecom (USA) is the first
step in our overseas development strategy," with an aim to
bring the US customers closer to China.
Zhang Weihua, head of China Telecom (USA), said the focus of his
company was to create seamless communications links between American
headquarters and their subsidiaries in China.
The company also unveiled at the ceremony a suite of products called
ChinaDirect(TM), that will offer single-provider, end-to-end telecom
services to US corporations doing business in China.
China Telecom, the leading operator of telephone, data, Internet
and leased line services in China, boasts 123 million residential
and business voice lines and runs China's largest Internet network.
(xinhua)
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