The predecessor of China Netcom has a long history of 10 years. 16 in may 2002, according to the State Council's "telecom system reform plan", China netcom was established on the basis of the former China telecom group company and its northern 10 provinces (autonomous regions and municipalities) telecom company, China network communication (holding) co., ltd. and jitong communication co., ltd. in June 2004, China netcom was successfully listed in new york and hongkong.
China Netcom is a state-authorized investment institution and a state-controlled pilot unit approved by the State Council. It is directly managed by the central government and listed separately in the national finance and related plans. China Netcom has a registered capital of 60 billion yuan and total assets of nearly 300 billion yuan.
China Netcom has a modern communication network covering China and reaching the world, with reasonable structure, advanced technology and complete functions, mainly engaged in domestic and international fixed telecommunications network facilities and related telecommunications services. By the end of 2005, the total number of users of China Netcom has reached 654.38+350 million.
At present, China Netcom is committed to the development of broadband communication, and various business or service brands represented by "Broadband Service", "CNCMAX Broadband My World", "Golden Club" and "10060" have become household names.
China Netcom will gradually promote the strategic transformation of enterprises by implementing the three strategies of "broadband", "Olympic Games" and "internationalization", and build China Netcom into a broadband communication and multimedia service provider with complete business types, excellent service quality, stable network operation, basic establishment of modern enterprise system and comprehensive, coordinated and sustainable development. China Netcom is constantly improving the core competitiveness of enterprises, realizing the strategic goal of building a "telecommunications power" and making new contributions to national economic and social development.
China Netcom Red Chip Company and China Unicom Red Chip Company successfully merged, and China United Network Communication Co., Ltd. (New Unicom) was formally established, adding WCDMA3G services, which marked the end of the restructuring and reform of China Telecom in the capital market, the successful completion of the largest asset transaction project and enterprise merger and acquisition project in China history, and the China telecom industry will enter a new development period. 0 17, in 2009, with the consent of the State Council, China United Communications Co., Ltd. and China Network Communications Group Company were reorganized and merged. The new company is named China United Network Communications Group Co., Ltd., and SASAC will perform the investor's duties on behalf of the State Council. The basic telecom enterprise brand of China Network Communication Group Company disappeared due to the reorganization of the telecom industry.