China Telecom to build joint ventures with mainland operators to boost value-added services

Sina Science and technology news June 24 morning, China Telecom chairman Lu Xuejin said recently, China Telecom is considering with the mainland telecom operators to set up a joint venture to expand the Chinese mainland software and value-added services. China Telecom is the number one telecom operator in Taiwan, China Telecom has been expanding its business in Southeast Asia and mainland China in recent years due to the saturation of the Taiwan market.　　Currently, China Telecom and China Telecom signed a resource-sharing agreement and signed a cooperation agreement with Unicom to share value-added services such as application stores. Lu Xuejin said the agreements were only the first step in entering the mainland market and that the signing of the MOU-type agreement was only the beginning and could not produce substantial results, so the company needed to set up a joint venture.　　When it was set up, he said, China Telecom was considering and waiting for the right opportunities. Lu Xuejin also said that China Telecom plans to further develop applications and software in Taiwan and then incorporate these products into the mainland's cloud computing platform.　　Potential business opportunities in the mainland also include value-added services and the expansion of cloud computing, he said. Previously, tele-telecommunications also said that to step up cooperation with China Mobile, set up a subsidiary in the mainland to bring the Taiwan value-added services industry to the mainland market. (Zong)