China Telecom to Invest RMB 600 Mln to Support Asian Games
Communications Weekly, 12/10/08
At a signing ceremony held on December 9, China Telecom (NYSE: CHA; 0728.HK) and the Guangzhou Asian Games Organizing Committee announced that China Telecom has officially become a high-level sponsor of the 2010 Asian Games in Guangzhou, and will supply comprehensive services for the games including fixed-line communications, Internet access and satellite transmission services for TV signals.
China Telecom plans to invest RMB 600 mln to provide a next-generation optical fiber network for the Asian Games Town and for event venues. China Telecom will also invest several hundred million RMB in a "Digital Asian Games" marketing promotion.
Editor's Note: Previously, equipment vendor Grentech signed a contract with China Telecom on WLAN equipment to prepare for the 2010 Asia Games. For more background, please see "Grentech Wins China Telecom WLAN Equipment Contract", MD 1/18/08 issue.
Keywords: 0728.HK 2010 2010 Asian Games CHA China Telecom fixed-line Guangzhou Asian Games Organizing Committee Internet Internet access satellite fiber optics supply contract
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