| Telecom/Wireless
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China Mobile, Telecom Report October User Stats
Posted by: Cherry Zhang on Nov 20 2009
China Mobile (NYSE:CHL, 0941.HK) added 5.1 million new subscribers in October, bringing its total customers to 513.47 million, the company announced November 20. The company reported that 2.31 million G3 subscribers used its 3G network services in October, up from [url=http://www.jlmpacificepoch.com/newsstories?id=157821_0_5_0_M]1.66 million in September.
China Telecom (NYSE:CHA, 0728.HK) reported a total of 192.93 million fixed-line subscribers by the end of October, after losing 1.46 million during the month, while the carrier's broadband subscriber base grew by 700,000 to 52.15 million at the end of October... |
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Telecom Co Montnets Receives RMB 35m
Posted by: Cherry Zhang on Nov 20 2009
Shenzhen-based telecom and software company Montnets has signed agreements to receive RMB 35 million in venture capital from three investors: Tiantu Capital, Green Pine Capital Partners and U.S./Indonesian "Xiong Shi" ("Bear Clan") Group, reports Shenzhen Special Zone Daily... |
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Unicom Announces October 2G, 3G Data
Posted by: Cherry Zhang on Nov 19 2009
China Unicom (NYSE:CHU, 0762.HK, 600050.SH) added 801,000 2G users in October to reach a total of 143.6 million 2G subscribers, the company announced on November 19. Unicom's 3G users totaled 1.02 million, including 215,000 3G data card subscribers, in October... |
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Unicom Updates on 3G, Markets iPhone on Taobao
Posted by: Cherry Zhang on Nov 19 2009
China Unicom (NYSE:[CHU, 0762.HK,600050.SH] has reached 110,000 WCDMA base stations, Sina reported November 19 quoting Unicom Chairman Chang Xiaobing. Unicom intends to strengthen its mobile data and application business to offset declining revenue from its voice business, said Chang... |
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China Mobile on '09 Subsidies, Lower Capex in 2010
Posted by: Cherry Zhang on Nov 19 2009
China Mobile (NYSE:CHL, 941.HK) Chairman and CEO Wang Jianzhou said that the company plans to spend a total of RMB 12 billion to subsidize handsets in 2009, refuting rumors that China Mobile would spend RMB 30 billion this year, reports Hexun... |
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Motorola Completes 4G TD Trials
Posted by: Tom Telford on Nov 18 2009
Motorola (NYSE:MOT) has completed and passed TD-LTE key functionalities testing by China's Ministry of Industry and Information Technology (MIIT), the company announced November 17. The testing measures high-bandwidth network capacity and a number of key TD-LTE features, the statement said... |
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Unicom: 3G ARPU Exceeds RMB 100
Posted by: Kiki.yang on Nov 18 2009
China Unicom (NYSE:CHU, 0762.HK, 600050.SH) Chairman Chang Xiaobing said monthly average revenue per user (ARPU) among the operator's 3G user base is over RMB 100, 163.com reported November 18. According to Chang, the average data flow per 3G user is "clearly" above the average 2G user, Chang said.
Earlier this month, Unicom President Lu Yimin revealed that the operator had recorded more than 1 million 3G users by the end of October, |
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China Mobile Joins Chang'an to Develop 3G Car
Posted by: Cherry Zhang on Nov 18 2009
China Mobile (NYSE:CHL,0941.HK) has signed a contract with Chongqing Chang'an Automobile (000625.SZ) to introduce 3G mobile technology in some Chang'an vehicles, reports Chongqing Economic Daily. Within the next two years, care owners may be able to conduct video conference calls and monitor, check on or track their vehicle via remote control, said the report.
Reports in August said that China Telecom's (NYSE:CHA, 0728.HK) Shanghai subsidiary planned to partner with General Motors to begin releasing automobiles with pre-installed EVDO-based information service systems in September. |
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China Mobile Preps Demo 4G Service for Expo
Posted by: Kiki.yang on Nov 17 2009
China Mobile (NYSE:CHL, 941.HK) plans to launch a 4G demo network based on its TD-LTE standard during the Shanghai Expo next summer, 163.com reported citing China Mobile President Wang Jianzhou. The company has agreed with Jiangsu GaoTong Technology Industry (GT Mobile) to develop FDD (WCDMA-based) and TDD (TD-SCDMA-based) LTE chips simultaneously, the report said... |
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Spreadtrum Swings to Profit in Q3
Posted by: Ana Swanson on Nov 17 2009
Wireless baseband chipset provider Spreadtrum Communications, Inc. (Nasdaq:SPRD) reported net income of $0.6 million, or $0.01 per basic and diluted ADS, for the third quarter of 2009, compared to a net loss of $31.3 million in the year-ago period and a net loss of $13.1 million in the previous quarter... |
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Juntong Telecom Lands RMB 50m Investment
Posted by: Cherry Zhang on Nov 17 2009
Chinese private equity firm Jiuding Capital has signed an agreement to invest RMB 50 million in Juntong Telecom, reports China Securities Journal. The Chengdu-based telecom and information service provider has already received RMB 35 million of the investment as an initial round, the report said... |
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China Mobile Invests in TD R&D, Cloud Computing
Posted by: Cherry Zhang on Nov 16 2009
China Mobile (NYSE:CHL, 941.HK) plans to invest RMB 40 million in research and development of its TD-SCDMA fixed-line project and released bidding documents for the project on November 13, reports 163.com... |
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MoC Shuts Down 54 Online Gaming Businesses
Posted by: Cherry Zhang on Nov 16 2009
China's Ministry of Culture (MoC) has revoked the licenses of 54 online gaming businesses and renewed licenses for 56 such businesses, following its recent investigation into holders of online game licenses issued between July 1, 2005 and September 30, 2006, reports TechWeb on November 13... |
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Suning to Open In-Store Laox Stalls
Posted by: Kiki.yang on Nov 13 2009
Guangdong-based home appliance and electronics retailer Suning (002024.SZ) plans to open 100 Laox (8202.TYO) stores within its Suning-brand stores in upper-tier Chinese cities in the next three years, qq.com reported November 13... |
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ZTE Inks 4G Contract With Spain's Telefonica
Posted by: Sophia Fu on Nov 10 2009
Telecom equipment provider ZTE Corp. (0763.HK, 000063.SZ) has signed contracts to participate in Spanish telecom operator Telefonica's (MCE & NYSE:TEF) construction of a 4G LTE trial network in Spain, reports Sohu quoting ZTE on November 9... |
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