05 September 2024

China Tower has renewed multi-year framework deals with China Telecom and China Unicom to prepare for an expected surge in demand for IoT monitoring data and data analysis services related to its Smart Tower business segment.

In both deals, the new frameworks are designed to help China Tower handle demand for transmission of monitoring data and related data analysis services for mid and high-point IoT devices – including video cameras, weather, radar and other sensors – in its Two Wings business.

One of the Two Wings is China Tower’s Smart Tower business segment, which uses mid and high point digital towers equipped with IoT devices to collect data for government agencies to monitor things like water resources, transportation, environmental protection and emergency response. The other wing is it energy business, which includes battery exchanges and power back-up services.

Both framework deals – which are effective immediately and run to the end of 2026 – come with annual transaction caps. For the China Telecom framework, yearly transactions are capped at CNY150 million, CNY190 million and CNY230 million for 2024, 2025 and 2026, respectively. For Unicom, the caps are set at CNY120 million, CNY150 million and CNY180 million for the same period.