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 [...]
China Telecom will give its users free incoming call services starting next month, making the company the first carrier to adopt a long-awaited one-way charge system for all customers.
The move by the country’s third-largest mobile carrier, announced yesterday, has been expected by phone users for the past decade and received new impetus earlier this year [...]
China Telecom customers who join one of its three promotional packages will not be charged when answering phones in 31 provinces and municipalities nationwide from October 1, the company announced on September 22, Chinanews.com reported.
Analysts pointed out the new rules mean that China Telecom, one of the three telecom carriers in China, has effectively cancelled [...]
China Telecom and EMC Corp yesterday launched an online data back-up service for personal computer users and plan to expand the service to more than 700 million mobile phone users in six months in a first for the domestic market.
“Telecommunications carriers will more and more depend on value-added services like this because traditional voice income [...]
Hong Kong tycoon Richard Li has dropped his final appeal of a court decision that blocked him from buying out PCCW, Hong Kong’s leading telecommunications company, bringing an end to the controversial privatization saga.
Pacific Century Regional Developments Limited, Li’s Singapore-listed company, said in a document filed to the Singapore Stock Exchange late on Tuesday that [...]
China Unicom’s Shanghai branch and Shanghai Daily are jointly developing 3G applications and an English-language mobile Website.
The cooperation includes a news service on mobile phones with daily headlines in English, a World Expo 2010-theme mobile application and a Unicom English wap portal (wireless application protocol) based on content from Shanghai Daily’s Website.
“It will create a [...]
