China Telecom and China Communications Service Joins to Expand Latin America Operations in Brazil
SAO PAULO, June 11, 2012 /PRNewswire-USNewswire/ -- Today, China Telecom Corporation Limited (China Telecom) and China Communications Services Corporation Limited (China ComService) jointly announced their business expansion plans for Brazil and Latin America through a corporate seminar and opening ceremony held in Sao Paulo, Brazil. The event was attended by Mr. Donald Tan, President of China Telecom Americas, Mr. Xiaoyi Liu, Executive Vice President of China ComService and Mr. Rongmao Sun, Consul General at Chinese Consulate-General in Sao Paulo (Brazil) as well as other senior executives from both companies, along with over 100 guests including government officials, business partners, and senior executives from local Brazilian and Chinese multinational companies.
China Telecom and China ComService are collaborating to better serve the needs of global enterprises and carriers in Brazil, and across the rest of Latin America. The newly established subsidiaries, China Telecom do Brazil and China Communications Services do Brazil will be headquartered in Sao Paulo, and are the respective overseas branches of each company responsible for the growth and development of the business in the region. China Telecom do Brazil, which will be directly managed by China Telecom Americas, also announced the introduction of their data services product portfolio that includes International Private Leased Circuit (IPLC), IP Access, IP VPN as well as fully managed data services. The company plans to further introduce Internet Data Center (IDC) and Cloud Computing service in the future. In addition, it will provide voice wholesale services for communications between Brazil and Asia Pacific regions including China. China Telecom do Brazil will be providing world-class data and voice services to Brazil-based multinational companies, organizations, and international carriers and China-based multinational enterprises to connect Brazil and China as well as other Asia Pacific countries.
On September 1, 2011, the Brazilian National Telecommunications Authority, Anatel issued a Multimedia Communications Service (MCS) license to China Telecom do Brazil. The company has invested millions of US dollars to complete the construction of the Sao Paulo Point-of-Presence (PoP) and the international network that connects to the North American global backbone network, which establishes a direct network link from South America to China. In the second half of 2012, China Telecom do Brazil will build the second network PoP in Brazil to increase network capacity and reliability.
"Brazilian companies have a growing demand to invest and establish their operations in the China market. Many companies are actively seeking an experienced partner to help them develop and deploy a business plan for success in China. For these companies, China Telecom do Brazil is among the most reliable partners," said Mr. Donald Tan, President of China Telecom Americas. "We strongly recognized the importance of Brazil and the overall Latin American market. We are committed to the development of Brazil market, which will be established as a hub of our Latin America operations that are expanding continuously. China Telecom do Brazil will also partner with the local Brazilian and Latin American telecom operators to extend our coverage of networks and services."
Meanwhile, China Communications Services do Brazil will provide its customers with one-stop integrated solutions, which includes telecommunications infrastructure ("TIS") services (including design, construction and project supervision and management), business process outsourcing ("BPO") services (including maintenance, distribution of telecommunications services and products, and facilities management), and applications, content and other IT outsourcing ("ACO") services (including IT applications, Internet services and voice value added services, etc).
"The establishment of China Communications Services do Brazil is one strategic and significant practice of CCS's overseas development. For sure, in the course of providing supreme services in Brazil, China ComService would accumulate experience in improving and strengthening its service in Latin America," expressed by Mr. Xiaoyi Liu, Executive Vice President of China ComService. He also emphasized that "China Communications Services do Brazil would sincerely like to take part in the telecom development in Brazil and provide high-quality services to Brazilian customers in telecommunication infrastructure construction, network maintenance and system integration by applying successful experience and technical advantages in serving Chinese domestic operators."
China and Brazil are two of the most influential forces among the world's developing nations. Both countries have strong and ever-increasing business ties. Chinese investment in Brazil was over $9 billion (R$18.5billion) in 2011, while dozens of Brazilian companies mainly in the industries of iron, oil and gas, mining and mechanical engineering have investment in China. Since 2009, China had become Brazil's biggest trading partner. Brazil's total trade with China was $77.1billion (R$158.5billion) in 2011.
ABOUT CHINA TELECOM CORPORATION LIMITED
China Telecom Corporation Limited is a full services integrated operator and the world's largest fixed-line telecommunications and broadband services provider, providing telecommunications and information services including fixed-line voice, mobile voice, data, video, and multimedia in the PRC. By the end of April 2012, China Telecom had 175 million fixed-line telephone subscribers, 138 million mobile (CDMA) subscribers, and nearly 85 million broadband customers. Its H shares and American Depositary Shares ("ADSs") are listed on the Stock Exchange of Hong Kong Limited and the New York Stock Exchange respectively.
After setting up the representative office in Los Angeles in 2000, China Telecom officially started its overseas expansion. In the past decade, China Telecom has set up three overseas companies: China Telecom Americas, China Telecom (Hong Kong) and China Telecom (Europe). The overall business covers the Americas, Asia, Australia, and the EMEA (European, Middle East and Africa). In these countries and regions, China Telecom has built more than 40 PoPs (Points of Presence) and other infrastructure including a large number of submarine cables and terrestrial cables.
ABOUT CHINA COMMUNICATIONS SERVICES
China Communications Services (CCS) is a listed subsidiary of China Telecom Group. It is a leading telecom service provider in China. It went public on Dec. 8, 2006 in the board of Hong Kong Stock Exchange market and became the first abroad-listed productive telecom service company. CCS provides integrated support services in the informatization sector including telecommunication, media, and technology. China Telecom, China Mobile, China Unicom, major telecom operators in china are the key shareholders of CCS and also CCS's main customers. CCS has served telecom industry for over 50 years and constructed most of the telecom network for three major carries in China, who have 700 million mobile users, 330 million fixed line subscribers and 95 million broadband accesses, CCS's network turnkey-solution covers all the indispensable services including consulting, planning, design, construction, maintenance, and operation. Furthermore, CCS provides services to non-operator customers including government agencies, telecommunications equipment manufacturers and corporate customers. In 2011, CCS ranked No. 79 in Fortune China top 500. Annual revenue amounted to 53.5 billion RMB, increased 17.6 percent comparing to 2010. Since CCS's establishment, the company has firmly implemented its strategy of overseas development, and has also extended its service to over 50 countries and regions in the world.
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