LONDON, Oct. 23 (Xinhua) -- China Telecom (Europe)
Ltd. on Thursday said it would expand its Asian-European services, aiming to
increase its market share in Europe.
"Our vision is to create a 21st-century high speed
information silk road uniting the business minds of the East and the West,"
said Ou Yan, managing director of China Telecom (Europe) Ltd. at a business
As part of China Telecom's global strategy, China
Telecom (Europe) Ltd., which was established in 2006, primarily assists Chinese
enterprises to expand their business in Europe, the Middle East and Africa, Mr.
The company provides superb European-Asian
telecommunications solutions, he added.
At present, the company is operating three
international network nodes in Europe, in London, Frankfurt and Stockholm
respectively, and has two offices in Frankfurt and Moscow.
It is to open its Middle East office in Dubai at the
end of this year, Mr. Ou said.
"China Telecom was the first Chinese
telecommunications operator investing in Europe. Its total investment in Europe
is 15 million pounds (24 million U.S. dollars), " said Brian Shaw, UK Trade
& Investment's business group managing director.
Over 370 Chinese companies, including
telecommunications companies like China Telecom, China Mobile and China Netcom,
have set up their branches or offices in Britain.
Meanwhile, Britain is the largest European Union
investor in China and over 6,000 Britain-funded projects have been built in the
country with a combined value of over 15 billion dollars.