Alibaba, China Telecom Seal New Deal For Network Services

By Editor
August 23, 2017

Alibaba and China Telecom signed a comprehensive strategic cooperation agreement in Beijing that includes work on Internet of Things and payment services.

Under the agreement, Air Max Pas Cher the two parties will begin working together in various areas such as e-commerce, online security, marketing services, cloud computing, asics gel kinsei 5 uomo online payments, IoT, Nike air max 1 pas cher and corporate procurement services. Financial terms and expectations of returns of the deal were not released by either party.

The two parties will work together to enhance the corresponding cooperation between China Telecom’s five ecospheres, including smart access, Asics Baratas smart home, new ICT applications, asics femme pas cher Internet finance, and Internet of Things, and Alibaba’s five “new” areas, including new retailing, new manufacturing, Amari Cooper Alabama Football Jerseys new finance, new technology, and new energy. In addition, Nike Air Max 2016 Heren blauw they will further discuss and explore future in-depth deals.

China Telecom and Alibaba Group have already been working on a prior partnership and the two parties have implemented multi-level cooperation in data center services and mobile payments.

So far, Alibaba has signed cooperation agreements with all three major Chinese telecom operators. In November 2016, new balance 997 on sale Alibaba inked a strategic cooperation framework agreement with China Unicom in Hangzhou; and in December 2016,

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