China Telecom
and Orange Business Services has announced the extension of their strategic
partnership into the IoT space today at the launch event of "eSurfing on
the Silk Road, IoT with the World" in Shanghai, China. The new cooperation
will enable both companies to serve their respective enterprise customers
through a combined footprint across three continents Asia, Europe and Africa.
Multinational
customers of China Telecom and Orange will be able to deploy IoT and
Machine-to-Machine (M2M) services across each other's networks. China Telecom's
enterprise customers with outbound IoT business can deploy their assets and
offerings on the Orange networks in Europe and Africa.
Similarly,
Orange global enterprise customers can leverage the rapidly growing Chinese market
by relying on China Telecom's IoT network resources and business capabilities.
Both partners propose a global solution to address local IoT connectivity
requirements, leveraging eUICC capabilities and the commonly deployed Device
Connectivity Platform of Ericsson for a seamless customer experience.
China Telecom
and Orange will cooperate both commercially and technically to create new
service models that support global IoT opportunities. Under this agreement,
Orange will be one of China Telecom's preferred partners for connectivity in
Europe and Africa, while China Telecom will support Orange for connectivity in
China. Both companies also agree to jointly explore the potential of enhancing
existing IoT capabilities and the application of new technologies such as
mobile IoT in the global market.
Mr. Deng Xiao
Feng, Managing Director of Global Business Department of China Telecom, said,
"China is one of the fastest growing markets for IoT applications. China
Telecom is working closely with Orange to push for the building of an
innovative and advanced IoT solution to capture global IoT opportunities. China
Telecom together with Orange will address the increasing IoT demand, and we are
excited to support our enterprise customers with the IoT Open Platform,
leveraging each other's strengths and capabilities.
We are able to
expand business into other regions with an open, cooperative, mutually
beneficial and win-win business collaboration. The fruits of global IoT
development can benefit companies from each country."
Mr. Karsten
Selle, Vice President, Finance & Administration of Orange Mobile
Enterprise, said, "Orange Business Services is always striving for
innovative solutions to respond to the global needs of its customers. We are
looking forward to creating together with China Telecom true business benefits
around the global IoT projects of our respective customers. With this extended
footprint in Asia, we further strengthen our IoT and data analytics offering,
Datavenue, with enhanced global connectivity capabilities."
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.