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Alibaba signs comprehensive partnership with China Telecom

By Fan Feifei | chinadaily.com.cn | Updated: 2017-05-14 15:05

E-commerce giant Alibaba Group Holding Ltd's announced a comprehensive strategic partnership with China Telecom Corp on Saturday, to carry out cooperation in e-commerce, basic network and security, cloud computing, payment, rural channels, internet of things (IoT) and government procurement.

The two sides will work together to strengthen the construction of intelligent connection, smart family, new applications of information and communication technology (ICT), internet finance and IoT for China Telecom, and new retail, manufacturing, finance, technology and energy resources for Alibaba.

They will further explore deeper cooperation in the future. Alibaba and China Telecom have already carried out cooperation in the fields of data center, basic telecommunication capacity, e-commerce and mobile payment.

It is not the first time that Alibaba has cooperated with the three major telecom carriers. Last year, Alibaba inked a strategic partnership with China Unicom to cooperate on basic telecommunication services, mobile internet and industrial internet.

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