China’s Zhongxing Telecommunication Equipment (ZTE) sees Indonesia as one of the biggest market in Asia Pacific area and will strengthen cooperation with local telecommunication companies in the future, an senior ZTE official said Friday.
Cui Yi, president of Asia Pacific Region of ZTE Corporation, made the statement at a press conference held here to start a [...]
A mobile phone for pregnant women, a World Expo 2010 platform and a car with a 3G phone were displayed at the China International Industry Fair 2009, which opened yesterday in Shanghai.
Industry officials said telecommunications carriers were trying to cash in on data applications as income gradually declines from traditional voice services.
China Telecom showcased its [...]
China Telecom Ltd yesterday said its net profit in the first three quarters of this year sank 34 percent on weakening demand for traditional fixed-line phone services.
It earned 11.4 billion yuan (US$1.7 billion) for the nine months ended September 30, compared with 17.2 billion yuan in the same period a year earlier, the Beijing-based company [...]
China Unicom has agreed to buy back its stake from SK Telecom for HK$10 billion (US$1.3 billion) after SK offered to cease a three-year alliance.
The country’s second-largest mobile phone carrier said it will repurchase the 3.79-percent stake held by SK Telecom at HK$11.105 per share, 1.4 percent lower than Unicom’s last close in Hong Kong [...]
Shenzhen-Based ZTE Corp expects to overtake Sony Ericsson to become the world’s No. 5 mobile phone maker by the end of this year - the first Chinese firm to feature among the Top 5.
ZTE, now the No. 6 handset maker globally, will also expect to “be close” to the No. 4 position held by Motorola, [...]
Net profit at China Telecom Corp, which acquired China Unicom’s CDMA business last year, tumbled 29 percent year on year in the first half of this year because of spending on mobile phone promotion and network construction.
China Telecom, the nation’s largest fixed-line operator, had net profit of 9 billion yuan (US$1.3 billion) in the first [...]
