Datang Telecom Group

Datang Telecom Group (officially Datang Telecom Technology & Industry Group) is a Chinese telecommunications equipment group headquartered in Beijing, China. The group was founded in September 1998 by the China Academy of Telecommunications Technology, which acted as the parent company of the group. It is best known for its leading role in developing the Chinese TD-SCDMA 3G mobile telecommunications standard through subsidiary DT Mobile (formerly known as Datang Mobile).

Not to be confused with China Datang Corporation, the state-owned electricity company.
"Datang Telecom" redirects here. For the publicly listed subsidiary, see Datang Telecom Technology.
China Academy of Telecommunications Technology
Datang Telecom Technology & Industry Group
State-owned enterprise
IndustryTelecommunications equipment
Founded1957 (1957)
Headquarters
Beijing
,
China
Area served
China, exported worldwide
ProductsMicroelectronics, Software, Communication Access, Communication Terminals, Communication Application and Service
Revenue CN¥22.036 billion (2015)
CN¥00082 million (2015)
CN¥00135 million (2015)
Total assets CN¥44.385 billion (2015)
Total equity CN¥16.800 billion (2015)
OwnerChinese Central Government
ParentSASAC
Subsidiaries
Websitedatanggroup.cn
Footnotes / references
in consolidated financial statement[1]
China Academy of Telecommunications Technology
Simplified Chinese电信科学技术研究院
Datang Telecom Technology & Industry Group
Simplified Chinese大唐电信科技产业集团
Datang Telecom
Simplified Chinese大唐电信
Traditional Chinese大唐電信

Datang Telecom Technology Co., Ltd. (SSE: 600198), a Datang Telecom subsidiary, is listed on the Shanghai Stock Exchange.

History

Datang Telecom Group was the trading name of the China Academy of Telecommunications Technology since September 1998.[2] The academy itself was founded in 1957. In 1998 a limited company Datang Telecom Technology was also incorporated and floated in the Shanghai Stock Exchange on 21 October 1998.

In April 2007, Datang secured a 36.6% share of China Mobile's first large-scale TD-SCDMA network construction contracts.[3]

In March 2012, Datang Telecom agreed to acquire three companies: TD-SCDMA chip maker Leadcore Technology, handset design and manufacturing company Shanghai Uniscope Technologies, and its subsidiary Qidong Uniscope Electronics; Datang already held a 51 percent stake in Shanghai Uniscope.[4]

Operations

Datang's areas of business include high-capacity digital switching, optical networking, data communication and digital microwave communication equipment and software and system integration services. However, revenue from these sectors is far outweighed by the company's spending on TD-SCDMA research and product development, and in recent years the company has taken out a series of heavy loans from state-owned Chinese banks to fund this development.[5][6]

Subsidiaries
As of 31 December 2015
  • The First Research Institute of Telecommunications Technology (100.0%)
  • Datang Telecom Technology (33.94%)
This list is incomplete; you can help by expanding it.

References
  1. 2017年度第一期中期票据发行披露材料. China Academy of Telecommunications Technology (in Chinese). Shanghai Clearing House. 10 January 2017. Retrieved 7 March 2017.
  2. "Datang Telecom Tech Co Stock Quote and Company Profile". Bloomberg Businessweek. Retrieved 10 November 2012.
  3. "ZTE Takes Half Of China Mobile TD-SCDMA Contracts" Archived 2007-08-31 at the Wayback Machine, 10 April 2007 (Pacific Epoch)
  4. "Datang to buy three mobile companies". Telecompaper. 20 March 2012. Retrieved 10 November 2012.
  5. "Datang Telecom Receives Another CNY20 Billion Line Of Credit", 20 July 2007 (China Tech News)
  6. 国家开发银行与大唐电信科技产业集团签合作协议 (in Chinese). SASAC of the State Council. 22 June 2007. Retrieved 7 March 2017.



This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.