| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 48 | 51% | 28% | 21% | 9% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 48 | 42% | 40% | 18% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 56 | 44% | 29% | 27% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 49 | 46% | 30% | 24% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 50 | 46% | 27% | 27% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 46 | 52% | 22% | 26% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 49 | 51% | 26% | 23% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 45 | 42% | 39% | 19% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 42 | 40% | 41% | 19% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 38 | 49% | 33% | 18% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 47 | 57% | 28% | 15% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 55 | 48% | 29% | 22% | 9% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 55 | 46% | 25% | 29% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 47 | 45% | 30% | 25% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 22 | 58% | 26% | 16% | 42% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 16 | 70% | 24% | 6% | 33% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The invoices are paid after confirming the goods delivered or service starting to be used. Normally, we will pay the monthly-recurring invoices within the service period. For example, if the service period is for July, we will pay them in July. If invoices are issued in advance, we received the invoices in July whereas service period is August, we normally pay them in August. For invoices are issued by quarter/year, we will pay them within the first month of the quarter/year.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
45
If the supplier has any quires about the payment, they could contact us via ctesettlement@chinatelecomglobal.com or by phone. If there is a dispute, we will contact the supplier by email or by phone to discuss the disputes. The invoice marked as dispute will be placed on hold until the dispute is resolved. No partial payment will be made in case of dispute.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
China Telecom (Europe) Limited is the European arm of China Telecom Corporation Limited, one of the largest telecommunications companies in the world. The company is headquartered in London, United Kingdom, and provides a range of telecommunications services to customers in Europe.
China Telecom (Europe) Limited is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes minimizing energy consumption, promoting the use of renewable energy, and reducing carbon emissions. The company also adheres to strict ethical standards and promotes responsible business practices.
The company offers a range of telecommunications products and services, including voice, data, and internet services. These services are tailored to meet the specific needs of businesses, governments, and individuals. China Telecom (Europe) Limited also offers cloud computing services, helping businesses to reduce their IT costs and increase efficiency.
The key people at China Telecom (Europe) Limited include CEO Mr. Yan Ou, who has over 20 years of experience in the telecommunications industry, and CFO Mr. Jun Liu, who has extensive experience in finance and accounting. The company also has a dedicated team of professionals who work towards providing high-quality services and maintaining customer satisfaction.
For more information on their services, customers can visit the company's website at www.chinatelecomeurope.com. The registered office address for China Telecom (Europe) Limited is 20 Old Bailey, London, EC4M 7BF, United Kingdom. Overall, China Telecom (Europe) Limited is a leading telecommunications company that is committed to sustainability and providing top-notch services to its customers in Europe.
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