Only a handful of licensed basic services operators currently exist. In the fixed line sector, China Telecommunications Corporation (China Telecom) owns fixed networks in 21 provinces, autonomous regions, and centrally-administered municipalities in southern China, including Shanghai, Guangdong, Jiangsu, and Zhejiang. China Netcom Group owns fixed networks in 10 provinces, autonomous regions, and centrally-administered municipalities in northern China. In all, China Telecom controls approximately 70% of the nationwide network established by the former Ministry of Posts and Telecommunications (MPT), while China Netcom controls the remaining 30%. Hong Kong-based divisions of China Telecom and China Netcom, holding the individual provincial fixed-line operating companies of the parent companies business, are listed on the Hong Kong and New York stock exchanges. State-owned China Tietong also offers fixed-line services at the local and long-distance levels.
There are two principal mobile communications operators: China United Communications (China Unicom) and China Mobile Communications. Both have Hong Kong-based divisions that own and manage the networks and service provision divisions of the parent companies, and which have also listed their shares on the Hong Kong and New York stock exchanges.