Is China Telecom's new retail a telecom company?

Yes According to China Telecom official website, China Telecom New Retail is a subsidiary of China Telecom Co., Ltd., focusing on new retail business. China Telecom's new retail takes "new retail, new ecology and new consumption" as the core, and creates a brand-new retail model through online and offline integration, omni-channel expansion and digital transformation to provide consumers with a better and more convenient shopping experience.