Beijing-based China Telecom provides fixed-line telephone services, mobile telephone services, internet access and digital television to most of mainland China. By 2019, it had amassed 336 million mobile subscribers, 153 million wireline broadband subscribers and 111 million in-service access lines. China Telecom trades on The Stock Exchange of Hong Kong Limited as well as the New York Stock Exchange.
As part of its latest strategy, China Telecom has invested heavily in staying ahead of the internet of things (IoT) curve. This includes establishing strategic tech companies for vertical industries (smart cities, industrial internet, telemedicine, etc.), as well as cloud computing and AI opportunities.