CHINA TELECOM SHANGHAI SET UP SYSTEM INTEGRATION GROUP

AsiaInfo Services, January, 2004

AsiaInfo Services 01-02-2004 China Telecom Shanghai Set up System Integration Group SHANGHAI, Jan 02, 2004 (SinoCast via COMTEX) -- China Telecom Shanghai Branch set up the Shanghai Ideal Information Industry Group (Ideal Group) that mainly engages in system integration. It is a significant departure that China Telecom Shanghai Branch develops its system integration business on an express highway from now on. Ideal Group will regroup the China Telecom Shanghai Branch external and internal resource and form 17 subsidiaries.

Shanghai Ideal Information Industry Co., Ltd. (Ideal Limited), one of the 17 companies, will be the core company among them. The Ideal Group is expected to achieve the large system integration business with total assets of CNY 1 billion...

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