China Telecom and Orange Business Services have extended their strategic partnership into the IoT space today at the launch event of “eSurfing on the Silk Road, IoT with the World” in Shanghai, China, the companies said.
The new cooperation will enable both companies to serve their respective enterprise customers through a combined footprint across three continents — Asia, Europe and Africa.
Multinational customers of China Telecom and Orange will be able to deploy IoT and Machine-to-Machine (M2M) services across each other´s networks. China Telecom´s enterprise customers with outbound IoT business can deploy their assets and offerings on the Orange networks in Europe and Africa.
Similarly, Orange global enterprise customers can leverage the rapidly growing Chinese market by relying on China Telecom´s IoT network resources and business capabilities. Both partners propose a global solution to address local IoT connectivity requirements, leveraging eUICC capabilities and the commonly deployed Device Connectivity Platform of Ericsson for a seamless customer experience.
China Telecom and Orange will cooperate both commercially and technically to create new service models that support global IoT opportunities. Under this agreement, Orange will be one of China Telecom´s preferred partners for connectivity in Europe and Africa, while China Telecom will support Orange for connectivity in China. Both companies also agree to jointly explore the potential of enhancing existing IoT capabilities and the application of new technologies such as mobile IoT in the global market.
China Telecommunications Corporation is one of the largest state-owned telecommunication companies in China, with a total registered capital of RMB220.4 billion. At present, the size of China Telecom´s total assets exceeds RMB 700 billion, with annual revenue of more than RMB 380 billion. Ranking 132nd in the 2016 Fortune Global 500, China Telecom was awarded the Most Honored company, the Best Managed company in the Asia Telecom Sector, as well as the Best Managed company in Asia by esteemed international institutions for consecutive years.
Orange Business Services, the B2B branch of the Orange Group, and its 21,000 employees, is focused on supporting the digital transformation of multinational enterprises and French SMEs across five continents. It offers companies digital solutions that help foster collaboration within their teams (collaborative workspaces and mobile workspaces), better serve their customers (enriched customer relations and business innovation), and support their projects (enriched connectivity, flexible IT and cyber defense).