AT&T (NYSE: T) has found a goldmine in China's business market where in 2010 alone it saw its customer base rise about 50 percent.
But Ma Bell is not resting on her laurels. Working with China's dominant wireline service provider China Telecom, AT&T now wants to chase privately run Chinese businesses. AT&T currently owns a 25 percent stake in a joint venture it operates with China Telecom.
Johnny Ng, AT&T's general manager for the Greater China region, told Reuters that the service provider currently serves over 600 companies China, Hong Kong, Macau and Taiwan.
Ng said that AT&T is well equipped to address enterprises that want to establish a global presence. "Some companies in China are looking to expand through acquisitions, and this will help them become large multi-nationals, and that's our focus," he said.
Having consistent global connectivity will be a continual demand from MNCs. AT&T's business service drive will likely resonate with Chinese-based MNCs that are looking for a new carrier that perhaps needs continual network connectivity into the U.S. and other regions like Europe.
- Reuters has this article
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