Recently, the operator World Network was informed that China Telecom decided to absorb the merger of the three provinces Telecom Industrial Group, namely Yunnan Telecom Network Industry Group Co., Ltd., Qinghai Telecom Industry Co., Ltd., Ningxia Telecom Industry Co., Ltd., why China Telecom wants to merge the three Is it something big to do?
It is understood that this absorption merger was absorbed by China Telecom Group Co., Ltd. and merged with the three provinces Telecom Industrial Company. After the completion of the merger, the three provinces Telecom Industrial Co., Ltd. was cancelled. China Telecom Group Co., Ltd. legally inherited all the assets, credits and debts, business and all other rights and obligations of the three provinces and telecommunications industry companies. The labor contract of the employees of the three provinces was established by China Telecom Group. The newly established provincial telecommunications industry branch company has continued to perform.
As is known to all, China Communications Services Co., Ltd. was previously a communications service provider controlled by China Telecom, China Mobile and China Unicom. Its China Telecom has a 51.39% stake and is the largest shareholder. Then, after taking the service in the holding company, what is the intention of China Telecom to merge the three provincial industrial companies?
According to the analysis of the operators' world network, from the geographical perspective of these three industrial companies, they are located in the northwest and southwest, and the economic and business development is slightly slow. After the merger of the three provincial industrial companies, China Telecom can further strengthen the management and control of the region. It is conducive to further improving the construction of some weak communication provinces.
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