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Tag Archives: China Telecom
China Telecom latest Business & Financial news from Doug Young, the Expert on Chinese High Tech Market, (former Journalist and Chief editor at Reuters)
The following press releases and media reports about Chinese companies were carried on October 12-14. To view a full article or story, click on the link next to the headline.
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China Telecom (HKEx: 728), Unicom (HKEx: 762) Get FDD-LTE Spectrum Allocations (English article)
Let’s end this back-to-work week with a few telecoms news bits, starting with word that leading telco China Mobile (HKEx: 941; NYSE: CHL) has wisely decided to abandon a bid for a Pakistani telco. Media are also reporting that China Mobile is edging closer still to a long-awaited deal to offer iPhones on its network, with word of a new key hiring move by Apple (Nasdaq: AAPL). Lastly there are reports that China Telecom (HKEx: 728; NYSE: CHA), the smallest of China’s 3 carriers, has selected suppliers for the first phase of construction for its 4G networks, giving most of the business to Chinese firms. Read Full Post…
The following press releases and media reports about Chinese companies were carried on October 10. To view a full article or story, click on the link next to the headline.
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Lenovo (HKEx: 992) In Talks To Acquire HTC (Taipei: 2498) – Report (English article)
Ctrip (Nasdaq: CTRP) Announces Proposed Offer Of $500 Mln Convertible Notes (PRNewswire)
October is quickly shaping up as a Golden Telecoms Month for China, with a growing number of major events looking set to take place in the month that starts off with the October 1 Golden Week holiday. Major developments that look likely to occur next month include the long-awaited awarding of 4G mobile licenses, and the announcement of another highly-anticipated deal that would see dominant telco China Mobile (HKEx: 941; NYSE: CHL) finally offer an Apple (Nasdaq: AAPL) iPhone on its network. But perhaps the biggest development for the month could see China’s telecoms regulator announce its first round of highly anticipated licenses for up to 6 new “virtual telcos”, known in the industry as virtual network operators (VNOs). Read Full Post…
Everyone is watching closely to see how Apple’s (Nasdaq: AAPL) 2 new iPhones will perform in their upcoming first weekend on sale, and I have to say the early numbers coming from China look rather unimpressive. I should give a major caveat by saying the figures I’m about to cite are very partial, and the extrapolations I’ll make are mostly based on my own guess work. But based on the cool reception that the 2 new iPhones have received in China so far, I would say the 2 new models would be lucky to sell as well as their predecessor, the iPhone 5, which itself wasn’t too impressive due to its late launch in China. Read Full Post…
The buzz is quickly dying over the newest iPhone, with Chinese media and gadget fanatics decidedly underwhelmed by China’s first-ever inclusion in a global launch for a major new Apple (Nasdaq: AAPL) product. In many ways this kind of disillusionment was almost inevitable, since there was so much hype when media first began reporting last week that China would be included in the global launch for the iPhone 5S. But at a deeper level, it looks to me like the Chinese are disappointed that they weren’t given more special treatment to acknowledge their status as the world’s largest smartphone market, and are also annoyed at having to pay a big premium for the 2 newest iPhones. Read Full Post…
Local media are buzzing with word that China’s telecoms regulator has just approved 4 smartphones for use on the nation’s upcoming 4G networks, implying the long-awaited issue of 4G licenses could be imminent. But equally interesting is a separate report that says the number of newly approved phones is actually 5, and that the fifth phone was a version of Apple’s (Nasdaq: AAPL) new iPhone 5S that can operate on networks using a homegrown Chinese technology called TD. That report says Apple requested its iPhone approval be kept secret; but if true, it means we could soon see announcement of a long-awaited tie-up between the US tech giant and leading Chinese mobile carrier China Mobile (HKEx: 941; NYSE: CHL). Read Full Post…
The following press releases and media reports about Chinese companies were carried on September 7-9. To view a full article or story, click on the link next to the headline.
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US Clears Smithfield’s (NYSE: SFD) Acquisition By China’s Shuanghui (English article)
China Telecom (HKEx: 782) Kicks Off 4G Equipment Tender – Source (English article)
US Prosecutors Add China Bribe Allegations To GSK (London: GSK) Probe (English article)
China Factory Fire Sends Memory Chip Prices To 3-Year High (English article)
PetroChina (HKEx: 857) Receives Notice Of US Class Action Lawsuit (HKEx announcement)
I’m giving kudos today to China Telecom (HKEx: 728; NYSE: CHA) for finally doing what no other company has ever done before: getting China included in the upcoming global launch for Apple’s (Nasdaq: AAPL) newest iPhone. Meantime, China’s homegrown Apple wannabe Xiaomi is taking another page from its role model, with media reporting the fast-rising smartphone maker is preparing to launch its first tablet PC right around the same time of the global iPhone debut. Read Full Post…
The following press releases and media reports about Chinese companies were carried on September 5. To view a full article or story, click on the link next to the headline.
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The headlines are buzzing about a new joint venture between wireless carrier China Telecom (HKEx: 728) and Internet company NetEase (Nasdaq: NTES), in one of the bigger media frenzies I’ve seen in quite a while for this kind of tie-up. But everyone loves a good contest, and this particular joint venture offers just that with a major new challenge to Tencent’s (HKEx: 700) hugely popular WeChat mobile instant messaging service, known in Chinese as Weixin. Just to make sure everyone understands what this story is about, China Telecom and NetEase have even given their new service the name of YiChat or Yixin in Chinese, which both sound quite similar to the English and Chinese names Tencent’s service. Read Full Post…
