The listed assets is expected to exceed 20 billion yuan in industrial China Telecom

China Telecom's industrial company assets for the two listing of the plan is gradually surfaced.

Yesterday, the reporter from the China Telecom inside the industrial company was informed that, at present, the China Telecom has been tentatively listed China Telecom industrial plan will include 6 provinces of Shanghai, Guangdong, Fujian, Hainan, Hubei and Zhejiang (city), telecom industry branch assets into the package listed in Hong kong.

According to the anonymity of China Telecom industrial company insiders said that KPMG is currently listed on China Telecom's industrial company listed on the audit work. Is expected to total assets of the 6 provinces and cities, will be more than 20 billion yuan, the listed company will be called "Chinese communications services company", listed underwriters agreed to for the CICC underwriters and Goldman Sachs Group listed China Telecom.

It is reported that in 2002 the China Telecom Telecom before listing, will be under the engineering, construction, maintenance and other assets to spin off and set up a China Telecom Industrial Company, and this part of the assets were stripped in 21 southern provinces (municipalities and autonomous regions) of the telecom industry branch. However, due to the lack of traditional fixed income of industrial companies, most of the profits come from the construction and maintenance of the revenue of the telecom network, so most of the province's industrial companies are still at a loss. This time China Telecom packaged into the listed company's 6 provinces (city) Industrial Company is better profitability, is a good asset.