| With the development of society and economy, attracting foreign capital and foreign investment has become an important investment in two aspects. Because our country is in the primary stage of socialism existence, make our country from twentieth Century 50’s has been to attract foreign investment in the form of the main. After the reform and opening up, the rapid economic development, China’s investment focus shifted to the direction of foreign investment, but because of the industrial structure, national security considerations, mainly used in our country, foreign investment is the main resource of energy service industry, the third industry and foreign investment little contact.In the third industry, telecom operators is a typical representative, because it involves national security, China’s telecom industry has been the national industry protection, examination and approval of telecom operators also extremely strict, from 1994 China Unicom to break the original China Telecom monopoly started, China communications industry has started the process of spin off, reorganization, until 2002 the basic form of mobile, China Unicom and China Telecom a situation of tripartite confrontation situation. In recent years, thanks to the support of national policy, making China’s telecom operators to develop rapidly, and gradually put the business extends to the outside, the foreign investment of telecom operators. But in recent years China’s telecom operators of foreign investment and development point of view, the effect is not ideal, how the future development, we can learn from the excellent foreign telecom operators there what is the focus of this study.This paper is divided into five parts:The first part is an introduction. Research of this article introduces the research background, the purpose and significance, research methods and innovation as well as carriers for foreign investment in the problem of the domestic and international research status, constitute the first part of the frame of this article.The second part is an overview of the foreign investment theory. Mainly includes the concept and forms of foreign investment, international investment theory summary, starting with explaining the concept, related knowledge about international investment market, lay the theoretical foundation for the external investment analysis of domestic telecom operators.The third part is the present situation of China’s telecom operators of foreign investment and the existing problems. Understand the development stage of China’s telecom operators of foreign investment now, according to the present situation analysis of concrete problems of Chinese telecom operators.The fourth part is the foreign telecom operators’ foreign investment development status and the future development of China telecom operators to bring inspiration.The fifth part is based on the gap between China and foreign telecom operators in the fourth part, and puts forward how our telecom operators should develop in foreign investment. |