China Tower Corporation Limited (CTOWY)
China Tower Corporation Limited operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Beijing, BE, CN. The stock last traded at $14.93, up 0.00% on the session, giving a market capitalisation of $27.15B. On trailing twelve-month figures it carries a trailing P/E of 10.96, a net margin of 12.5%. Its beta of 0.36 implies it has historically moved less than the broad market.
China Tower Corporation Limited is a company operating within the People's Republic of China, primarily focused on providing telecommunication tower infrastructure services. The company's core activities involve the development, upkeep, and management of essential telecommunications base station infrastructure. This encompasses the construction and maintenance of cell towers, the provision of public network coverage solutions for high-speed rail lines and subway systems, and the deployment of extensive indoor distributed antenna systems. They supply telecommunication service providers with the necessary towers, enclosures (such as shelters and cabinets), and other supporting equipment for installing their communication gear. Beyond infrastructure provision, China Tower offers comprehensive maintenance, overseeing equipment performance, conducting regular inspections, resolving malfunctions, maintaining physical assets, ensuring environmental protection, and analyzing operational data. The company further extends its offerings to include critical power solutions for telecommunications equipment, such as providing power access, batteries, and backup power generation. It also implements indoor distributed antenna systems, which connect telco equipment to facilitate robust mobile network signals within buildings, major venues, and tunnels. Complementing these, the company delivers various energy solutions: emergency backup power for corporate clients, battery exchange services for individual users, and battery recharging for both corporate and individual customers. Additionally, it develops integrated services encompassing information, power generation, and energy storage. Other services include cross-industry site application and data management solutions. Originally established in 2014 as China Communications Facilities Services Corporation Limited, the company adopted its current name, China Tower Corporation Limited, in September of the same year. Its corporate headquarters are located in Beijing, People's Republic of China.
China Tower Corporation Limited is most often compared with the following Communication Services names: