China Telecom to spread Asian-European services
24/10/2008 17:06
China Telecom (Europe) Ltd yesterday said it would expand its
Asian-European services, aiming to increase its market share in Europe.
"Our
vision is to create a 21st-century high speed information silk road uniting the
business minds of the East and the West," said Du An, managing director of China
Telecom (Europe) Ltd at a business seminar in London.
As part of China
Telecom's global strategy, China Telecom (Europe) Ltd, which was established in
2006, primarily assists Chinese enterprises to expand their business in Europe,
the Middle East and Africa, Du said.
The company provides superb
European-Asian telecommunications solutions, he added.
At present, the
company is operating three international network nodes in Europe, in London,
Frankfurt and Stockholm respectively, and has two offices in Frankfurt and
Moscow.
It is to open its Middle East office in Dubai at the end of this
year, Du said.
"China Telecom was the first Chinese telecommunications
operator investing in Europe. Its total investment in Europe is 15 million
pounds (US$24 million), " said Brian Shaw, UK Trade & Investment's business
group managing director.
Over 370 Chinese companies, including
telecommunications companies like China Telecom, China Mobile and China Netcom,
have set up their branches or offices in Britain.
Meanwhile, Britain is the
largest European Union investor in China and over 6,000 Britain-funded projects
have been built in the country with a combined value of over US$15
billion.
Xinhua
|
