China Teletech Holding, Inc. (CNCT) primarily deals with the sale of pre-paid calling cards, integrated mobile phone handsets and the provision for mobile handset value-added services to the Guangzhou City of the People's Republic of China.
In continuation of its commitment to mobile communications services and to allied sectors, CNCT signed a memorandum of understanding with Global Travelnet Guangzhou Limited on Dec 1, 2012. It thus added yet another sales channel for its products, noted company officials.
The understanding between both companies will allow them to sell CNCT's pre-paid calling cards through their online stores. In addition, the travel agency will offer its travel products for sale.
Global Travelnet has plans to sell its travel products through magazine stalls under contract with CNCT.
Global Travelnet, touted as a specialized online travel agency of repute in China, is also regarded as the largest travel distributor. By choosing the agency as a sales channel, CNCT hopes to increase its sales rapidly through the online stores at Taobao.com.
In addition to being China's largest online shopping platform in the Hong Kong and Macau travel section, quhk.taobao.com is rated very high in terms of reliability and customer satisfaction.
Through its main website and online stores, Global Travelnet offers more than 500 products for sale. A customer base exceeding 200,000 and a 15-percent repeat customer purchase in daily turnover is a testament to its extensive product range, its high repute and standing in online sales.
China Teletech Holding Inc., formerly Guangzhou Global Telecom, is also partnering major telecom companies like China Mobile (News - Alert), China Telecom and China Unicom.
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Edited by Braden Becker