The Future 50

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22
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China Tower

    5G looks ready to take over China, and China Tower Corporation is rolling it out. The telecommunications infrastructure services firm was formed in 2014 through a merger of units run by China ­giants China Mobile, China Unicom, and China Telecom. A questionable regulatory environment, however, is worrisome to those who believe growth is too dependent on political factors.

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    Company Information

    Overall Score19
    SectorCommunication Services
    IndustryDiversified Telecommunication Services
    CEOTong Jilu
    Websitewww.china-tower.com
    HQ LocationBeijing
    CountryChina
    Revenues ($M) (Past 12 Months)$10,911
    Profits ($M) (Past 12 Months)$584
    Market Value as of Oct. 9, 2019 ($M)$39,484
    Employees23,371