China Telecom unveiled its past two years around the mixed-ownership economy

In today's "China Telecom Open Cooperation Conference", China Telecom announced its latest development and future planning of its business mechanism reform in the past two years around the mixed ownership economy.

Li Anmin, general manager of China Telecom's innovation Business division, said that China Telecom will make great efforts to transform the mixed economic mechanism this year, and will continue to introduce its various business bases into the company, on the other hand, it will bring in social capital and strengthen the cooperation between the State-owned and the people.

In the base of the company, China Telecom began in 2009 in all parts of the country has been set up 8 with "Tianyi" brand business base, to create independent operation of the mobile Internet core products. The 8 major bases include: Sky Wing video Base (Shanghai), Love game Base (Jiangsu), reading Base (Zhejiang), cooperative communication Base (Zhejiang), animation base (Fujian), Space Base (Chengdu), love music Base (Guangdong) and the Internet of Things (Jiangsu).

Since 2011, China Telecom has begun to transform its base into a mixed-ownership economy. Up to now, the top 6 of the 8 bases mentioned above have been stripped away from the telecoms group, starting to operate independently and to introduce the people's capital. Among them, the Sky Wing video, the Sky Wing game, the sky Wing coordinated communication has completed the introduction to the external fund, the Sky wing reads the strategic investment introduction work already in this year first quarter beginning, just unveiled the sky Wing Love anime, the sky wing space also enters prepares the stage.

It is reported that after the operation of the base company, in the business still by the China Telecom Group Innovation Business Division management, the personnel by the Chinese telecom provinces and companies trusteeship. Base company does not have a board of directors and Supervisory board, the group appoints an Executive director and a supervisor, the executive director of the company's legal representative. Base companies in the business of self-financing, business areas including product development, marketing, investment acquisition and other capital operations, and so on.

China Telecom's opening-up strategy is influenced by at least two factors. On the one hand, with the development of technology and competition in the era of mobile interconnection, internet companies located in the downstream of operators have become the best business incubators, and internet companies have turned into direct competitors of operators. According to the Ministry of Industry statistics this March, the first quarter of this year, in addition to the flow of Chinese communications business to maintain the growth rate of 50%, voice and SMS business has been micro-trust, micro-Bo and other OTT application of food seriously. The specific data are as follows:

January-March, the national mobile phone calls to talk 708.41 billion minutes, an increase of 2.1%, year-on-year decline of 4.2%.

January-March, mobile SMS business revenue 12.98 billion yuan, down 13.9% year-on-year. Mobile SMS Business volume and MMS business volume both sharply "shrink." January-March, the National Mobile SMS business volume only 188.67 billion, down 18.7% year-on-year. MMS Business Volume only 14.94 billion, from a year ago 37.6% positive growth to 32.6% negative. Per month, the number of points to point message volume reached 41.8, down 20.4% year-on-year.

January-March, mobile internet access traffic 407 million g, an increase of 53%. Among them, through the mobile phone Internet traffic 335 million g, an increase of 98.2%, accounting for mobile internet access traffic 82.3%.

In order to deal with the competition from the Internet companies, China Telecom launched an innovative incubation base in Shanghai, to "professional incubation + entrepreneurship + Angel investment" incubation mode, China Telecom's resources and social capital docking, to support internal staff and social people with lofty ideals to innovate entrepreneurship. It is reported that since the establishment of two years, the Sky Wing venture to create a total of 68 projects, covering mobile internet, E-commerce, cloud computing, Internet of things and other emerging industries.

However, China Telecom in the face of the current proliferation of local internet business incubator, in the face of such as Microsoft's investment accelerator and other strength incubator into China, although with funds, networks, technology and other resources, but its sense of innovation may not be as strong as the Internet companies, but also not adapt to the rapid iteration of the The structure of personnel decentralization between its group and independent companies has also been criticized.

On the other hand, from the national policy level, last November, 18 plenary made a decision to deepen the reform comprehensively, and put forward the positive development of mixed ownership economy; This March, the "two sessions" government work report further clarified the direction and path of state-owned enterprise reform, It is clear that the seven major areas such as telecommunications need to introduce a group of investment projects to Non-state-owned capital. By the way, the license of the virtual operator is issued under this large background.

In this wave of ICT sector reform in the state-owned enterprises, in fact, not only China Telecom, China Mobile and unicom are also seeking transformation. As early as the end of 2012, mobile internet companies in the construction and networking companies, and plans in 2013 to complete its 9 major base of the corporatization of the restructuring.

China Unicom, from the beginning of 2012, China Unicom Network Branch to become independent operation of the network subsidiary, China Unicom Payment Co., Ltd. officially listed, China Unicom Cloud computing company has also started operations, mainly engaged in Unicom cloud Platform products Marketing promotion work.

But as previously said, the mobile internet era blurred the industrial boundary, the dismantling of the original wall of the telecommunications industry, internet companies, equipment vendors and other original content providers, terminal manufacturers, and operators began to rob the communications industry market cakes, operators gradually reduced to the pipeline, the original industrial chain dominated position was impacted. Operator Enterprise restructuring, open capital, foreign cooperation, posture is good, and see follow-up development.