China Mobile Gets OK For Taiwan Unit; To Facilitate Far EasTone Investment
Wall Street Journal
China Mobile Ltd. (CHL) said Tuesday that Taiwan regulators had approved it setting up wholly owned unit Zong Co. in Taiwan.
Topics: China, China Unicom, regulators, Taiwan, China Mobile, Far EasTone
Better Times Ahead For China’s Three Main Wireless Operators, Say Brokers
MarketWatch
China’s three main wireless telecommunications companies are on track for profit growth during the next two years, as the operators trim back capital spending and ratchet down the intense competition that has eroded margins, according to brokers.
Topics: telecoms, China, carrier, Hong Kong, Asia, Ericsson, telecom, 3G, China Mobile, China Unicom
Telecom New Zealand Sees Nigeria as ‘Last Gateway Opportunity’
BusinessWeek
Telecom Corp., New Zealand’s biggest phone company, said the sale of state-owned Nigerian Telecommunications Corp. provides a “last gateway opportunity” into Nigeria’s fast-growing phone market.
Topics: China Unicom, China, Nigeria, telecom, wireless, Telecom New Zealand
China Unicom Denies Pricing Rumors
Trading Markets
China Unicom (Hong Kong) Ltd. (NYSE: CHU, SEHK: 0762, and SHSE: 600050) has denied that its branch in Xiangtan City, Hunan Province, central China would launch a CNY 36 3G service package for students.
Topics: Android, China Unicom, 3G, carrier, China, Hong Kong, launch, telecom
Uphone On Horizon for China Unicom
Zacks.com
Second-largest Chinese wireless carrier China Unicom is warming up to carve a niche in the Android cell phone market, as the carrier introduces the first batch of its customized Android handsets (under the “Uphone” moniker) in January 2010. However, the official release date has not been confirmed by the Chinese operator.
Topics: carrier, launch, Google, [...]
China Unicom’s 3G Subscribers Exceed 1 Million
China Knowledge Online
China Unicom (Hong Kong) Ltd, the country’s second-largest telecom operator, has more than 1 million 3G service subscribers now, the company said on Tuesday.
Topics: 3G, China Unicom, iPhone, telecom, Hong Kong, China, launch, Apple, LTE, telecoms
China Unicom Targets Strong 3G Growth
Wall Street Journal
China Unicom (Hong Kong) Ltd., which started offering Apple Inc.’s iPhone in China last week, aims to increase the number of its third-generation mobile users by more than 1 million a month, Chairman Chang Xiaobing said Tuesday.
Topics: Hong Kong, China Unicom, 3G, launch, Apple, China, iPhone
China Unicom 9-Month Net Misses Analysts’ Estimates
Bloomberg
China Unicom (Hong Kong) Ltd., the country’s second-biggest mobile-phone company, reported nine- month profit that missed analysts’ estimates, as the company increased spending on its high-speed wireless services.
Topics: launch, China Unicom, Hong Kong, telecom, China, 3G, iPhone
China Unicom: 3G Concept Accretive to Earnings
China Analyst
Commenting on concerns that capital expenditures on WCDMA may cause CHU’s earnings to decline in Q4, Qi Guo, an analyst at Dong Xing Securities, believed such a decline should not be a big concern…
Topics: China, launch, Hong Kong, 3G, carrier, telecom, iPhone, China Unicom
China Mobile Users Breach 500 Million; Profit Rises
Bloomberg
China Mobile Ltd. became the world’s first phone company with more than half a billion subscribers as price cuts lured users, helping the carrier’s profit rebound from its only profit drop in a decade.
Topics: Hong Kong, China Mobile, China, China Unicom, telecom
SK Telecom Sells China Unicom Stake For US$1.28B
Wall Street Journal
SK Telecom Co. (SKM) said Monday it will sell its entire 3.8% stake in China Unicom (Hong Kong) Ltd. (CHU) back to the Chinese telecommunications operator for KRW1.5 trillion (US$1.28 billion) to improve its financial position after the company incurred a loss from the investment.
Topics: merger, China Unicom, telecom, China, Hong Kong
China Mobile Profit Drops for First Time Since 1999
Bloomberg
China Mobile Ltd., the world’s biggest phone company by market value, had its first decline in profit since 1999 after subscriber growth slowed as competition intensified.
Topics: telecom, telecoms, Hong Kong, China Mobile, China Unicom, China, 3G
China Mobile may adopt China Unicom's model for A-share listing
Alibaba News Channel
12, 2009 (China Knowledge) – China Mobile Ltd<0941> , the country’s largest telecom operator, is likely to mimic China Unicom (Hong Kong) Ltd<600050><0762> …
Topics: Hong Kong, launch, China, China Mobile, China Unicom, Dell, telecom
Unicom Set for iPhone Lift in China
MarketWatch
New reports say the iPhone will be launched with an exclusive arrangement with mobile operator China Unicom Ltd. as early as October.
Topics: wireless, China, 3G, iPhone, Apple, China Unicom, launch
Hong Kong Judge Scathing on PCCW Vote
Forbes, Hong Kong
Hong Kong’s Court of Appeal condemned as “nothing less than dishonesty” the voting on a $2.1 billion scuttled deal to take private the city’s biggest telecom operator, PCCW. The Court on Monday published a note to explain the reasons for its judgment turning down PCCW’s majority shareholders Richard Li and China Unicom, who wanted [...]
