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China Finance to team with China Telecom

Date: 1/28/2008 2:37:59 AM

China Finance Online Co. said Friday it will partner with China Telecom, a wireline telecommunications and broadband services company, to provide financial information services to Chinas broadband users through a new Web channel.

The two companies will create a financial channel on China Telecoms Vnet Web site. China Financial, an online financial data provider, will be responsible for the JRJCVnet Finance channels financial content and analytical products. China Telecom will distribute the products, with both companies splitting revenue.

China Finance Chief Executive Zhiwei Zhao said in a statement that the partnership will boost its subscriber base and increase brand awareness. Lisheng Ye, deputy director of China Telecoms Internet and valueadded business division, added that the agreement will help enhance its Web services.

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