Online Payment marks new focus for China Telecom Corp Ltd

Yixin is the new service being offered by China Telecom Corp Ltd who wishes to expand into different areas of

Yixin is the new service being offered by China Telecom Corp Ltd who wishes to expand into different areas of internet business

As Wang Xiaochu, chairman and chief executive officer of China Telecom Corp Ltd said, “We need a new growth engine as the growth of our traditional businesses will slow down.” This explains the company’s move to online payment as a means of diversification.

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Yixin offers voice, text and image messaging, email and music connection services and it enables the SMS and voicemails to be sent in the absence of internet connection.

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