Deutsche Telekom establishs China-based development center
Deutsche Telekom, the largest telecommunications company in Europe, announced the establishment of its first China-based global development center on Saturday.
The development center, located in Wuhan, capital city of Central China's Hubei province, was opened on Thursday. It will focus on the development of core technology, including vehicle telematics, cloud computing and air traffic tech.
The center, costing an investment of 40 million euros ($52 million), is expected to employ 1,000 workers in 2014, according to a spokesmen of the center.
Deutsche Telekom, the largest telecommunications company in Europe and the fourth largest telecom operator in the world, has also established development centers in Brazil and Mexico.
The company ranked 75th among the top 500 companies in the world in 2011, and have 250,000 employees around the world.
The center, costing an investment of 40 million euros ($52 million), is expected to employ 1,000 workers in 2014, according to a spokesmen of the center.
Deutsche Telekom, the largest telecommunications company in Europe and the fourth largest telecom operator in the world, has also established development centers in Brazil and Mexico.
The company ranked 75th among the top 500 companies in the world in 2011, and have 250,000 employees around the world.
