The Tower Company was officially established with the goal of becoming a listed company
Source: View: 217 Date: 2014-07-22

In the afternoon of last Friday (July 18th), China Communications Facility Services Co., LTD (hereinafter referred to as the "tower company") was officially established.

The registered capital of Tower Company is CNY 10 billion, China Telecom, China Unicom and China Mobile each has a shareholding of 29.9%, 30.1% and 40% respectively. In the arrangement of the top personnel, vice president of China Mobile Liu Aili is elected as the chairman of the board, vice president of China Unicom Tong Jilu as the general manager, and deputy general manager of China Telecom Zhang Jiping as the supervisor.

The Tower Company will mainly focus on the construction, maintenance and operation of the towers, and also with that of the supporting facilities and the indoor distribution systems as a side line, including the base stations, power and air conditioners, and the agent maintenance of equipment in the base stations.

The chairman Liu Aili said in an interview with the media, there are three steps in the long-term planning of tower company: the first is the increment of the towers (build the new ones), the second is the stock of the towers (addition of the original ones), after that is the introduction of private capitals, and the final step is the listing of the company.



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