HONG KONG, CHINA - Media OutReach - 30 October 2017 - China Telecom signed an IoT business partnership agreement with Bridge Alliance, enabling China Telecom to provide Internet of Things (IoT) and Machine to Machine (M2M) services to multinational enterprise customers across Bridge Alliance's footprint.
Bridge Alliance is a leading mobile alliance covering 34 countries or regions in Asia Pacific, Middle East and Africa. According to independent research and advisory firm Analysys Mason, Bridge Alliance is one of the best-positioned operator groups to provide enterprise mobility services to corporations in Asia Pacific.
This non-exclusive partnership comes at an opportune moment, where Asia Pacific is riding high on the IoT momentum. The region, excluding Japan, is forecasted to be the IoT investment leader, with an expected spend reaching $455 billion in 2021.
The agreement leverages Bridge Alliance's technical and commercial capabilities to provide homogenous solutions across its footprint. This enables China Telecom's customers to apply a 'glocalised' approach tapping on the simplicity of one single integration with China Telecom and the full support and service quality of local networks in Bridge Alliance.
Similarly, Bridge Alliance members can now extend their IoT services to China through China Telecom. As both China Telecom and Bridge Alliance operators have deployed common connectivity platforms, international enterprise customers can have the same experience when deploying their solutions across the footprint of China Telecom and Bridge Alliance. China Telecom will support different collaboration models with Bridge Alliance members for such connectivity requirements into China.
"We are excited to join Bridge Alliance as a business partner. China Telecom has a strong portfolio of multinational enterprise customers who are looking to deploy their products and services across the Asia Pacific, Middle East and Africa regions. Bridge Alliance is the ideal partner to fulfil such requirements. Likewise, China Telecom is also ready to support any inbound opportunities from the member operators into China. With the supporting common platform and the business opportunities across these different regions, we are confident this partnership will be a mutually beneficial and win-win business collaboration," said Mr. Deng Xiao Feng, Managing Director of Global Business Department of China Telecom.
"We are pleased and excited about this partnership with China Telecom. With the growing China market, the addition of China Telecom to Bridge Alliance's network of partners will certainly bolster our position to serve our global enterprise customers better. We look forward to future collective wins and co-innovating with China Telecom," said Ms Eileen Tan, CEO of Bridge Alliance.
About China Telecom
China Telecommunications Corporation ("China Telecom") is one of the largest state-owned telecommunication companies in China, with a total registered capital of RMB220.4 billion. At present, the size of China Telecom's total assets exceeds RMB 700 billion, with annual revenue of more than RMB 380 billion. Ranking 132nd in the 2016 Fortune Global 500, China Telecom was awarded the Most Honored Company, the Best Managed Company in the Asia Telecom Sector, as well as the Best Managed Company in Asia by esteemed international institutions for consecutive years.
With the world's largest broadband Internet network and a leading-edge mobile network, China Telecom is capable of providing cross-region, fully-integrated information services to global customers through its sound customer service channel system. Its comprehensive service capability has earned China Telecom a large customer base. By the end of 2016, the number of its broadband Internet subscribers exceeded 144 million, mobile subscribers exceeded 215 million, and fixed-line subscribers exceeded 132 million.
To drive corporate transformation, China Telecom has rolled out Transformation 3.0 strategy with a focus of upgrading intelligent network, service ecosystem and smart operation for the digital ecosystem. China Telecom will strive to become a leading comprehensive intelligent information service provider, with the aim of becoming a powerhouse in the Internet and cyber realms in order to serve the society and enhance people's wellbeing.
About Bridge Alliance
Bridge Alliance is the leading mobile alliance for premier operators and their customers in the Asia Pacific, Middle East and Africa. Our alliance covers 34 members who serve more than 800 million customers collectively across these regions. Our goal is to build group capabilities and create value for our members by enabling compelling roaming services and experience, offering multi-market enterprise and IoT solutions, and delivering savings and benefits through leveraging group economies.
Bridge Alliance's members include: Airtel (India, Sri Lanka and the Airtel subsidiaries in Africa: Chad, Democratic Republic of the Congo, Republic of the Congo, Gabon, Ghana, Kenya, Malawi, Madagascar, Niger, Nigeria, Rwanda, Seychelles, Tanzania, Uganda and Zambia), AIS (Thailand), CSL Mobile (Hong Kong), CTM (Macau), Globe Telecom (Philippines), Maxis (Malaysia), MobiFone (Vietnam), Optus (Australia), Singtel (Singapore), SK Telecom (South Korea), STC (Saudi Arabia), SoftBank Corp. (Japan), Taiwan Mobile (Taiwan), Telkomcel (Timor-Leste), Telkomsel (Indonesia), Turk Telekom (Turkey), and Viva (Bahrain and Kuwait).
For more information, visit www.bridgealliance.com .
 International Data Corporation. (2017, June 14). Worldwide Spending on the Internet of Things Forecast to Reach Nearly $1.4 Trillion in 2021, According to New IDC Spending Guide. Retrieved from https://www.idc.com/getdoc.jsp?containerId=prUS42799917