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China Tower

From Wikipedia, the free encyclopedia
China Tower Corporation Limited
Company typePublic
SEHK788 (H share only)
IndustryTelecommunications
PredecessorTelecom tower businesses of China Mobile, China Unicom and China Telecom
Founded2014; 10 years ago (2014)
Headquarters,
China
Area served
China
Key people
Tong Ji-lu (chairman)
ServicesTelecommunication towers
Chinese name
Simplified Chinese中国铁塔股份有限公司
Traditional Chinese中國鐵塔股份有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó tiětǎ gǔfèn yǒuxiàn gōngsī
short name
Simplified Chinese中国铁塔
Traditional Chinese中國鐵塔
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó tiětǎ
alternative short name
Simplified Chinese中铁塔
Traditional Chinese中鐵塔
Transcriptions
Websitewww.tower.com.cn
China Tower battery swap station in Beijing

China Tower Corporation Limited (SEHK788), China Tower in short form, is a state-owned telecommunication company in providing telecommunication tower construction, tower maintenance, ancillary facilities management, and other services through Mainland China.[1]

China Tower was established in July 2014 by merging the telecom tower businesses among China's three telecom giants - China Mobile, China Unicom and China Telecom, which are customers and shareholders of China Tower.[2]

It was listed on Hong Kong Stock Exchange on 8 August 2018 at a price of HK$1.26 per share which raised US$6.9 billion.[3]

References

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  1. ^ "788: China Tower Corp Ltd Stock Price Quote - Hong Kong - Bloomberg Markets". Bloomberg News. Archived from the original on 2021-04-17.
  2. ^ 'Sky's the limit' scenario does not apply to China Tower
  3. ^ China Tower prices IPO at bottom of price range after weak retail interest, raising US$6.9 billion
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