'China Netcom', full name 'China Netcom Group Corporation (Hong Kong) Limited', abbreviated 'CNC', was originally formed in August 1999 by the
People's Republic of China government to enable inward investments to build high speed Internet communications in the country. It is a subsidiary of China Network Communications Group Corporation.
[1]
It is a provider of wire-line telecommunications services in mainland China, mainly to areas mainly in the north of
China. The firm is building a new broadband
Internet backbone across the country. It is widely seen as the number two fixed-line operator in mainland China after
China Telecom, and operates a semi-mobile PAS or
xiaolingtong system.
Traditionally services were provided by the company to northern Chinese provinces and large cities such as
Shanghai,
Guangdong,
Beijing,
Tianjin,
Hebei,
Henan,
Shandong, and
Liaoning, however they now have a presence in most provinces.
As well as offering ADSL internet services (not always available outside of north China), the company offers internet colocation services and is a leading provider of connectivity to China's so-called 'IP telephone' shops, who offer discount rate, walk-in telephony services to the general public across China.
History
The company started as a wholesaler for the high-speed data networks in 1999, headquartered in Shanghai. It was backed by
Jiang jinheng,
Jiang Zeming's son, and
Liu Chuanzhi, chairman of Legend Computers (now
Lenovo). However, the business flopped partly because at the time
China Telecom held a monopoly over the telecom market.
[2]
Netcom was on the verge of bankruptcy. Fortunately for Netcom, with the backing of Jiang's son, the Chinese government broke up the China Telecom monopoly and granted Netcom a third of
China Telecom's assets.
[3] Most of those assets are located in the northern provinces.
Notes
1. Yahoo profile. Accessed June 4, 2006.
2. China Netcom's Big Connection
3. Lines Crossed in China
See also
★
Communications in the People's Republic of China
★
List of companies in the People's Republic of China
★
Telecommunications industry in China
External links
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China Network Communications (English)
★
china-netcom.com
★
ChinaNex profile
★
MSN profile