China Mobile buys 20% of Pudong Bank

China’s largest mobile phone service provider became a strategic investor in the Shanghai Pudong Development Bank (SPDB) after a multi-billion dollar stock purchasing deal on Wednesday.
Guangdong Mobile, China Mobile’s branch in south China’s Guangdong province, bought 2.2 billion shares of at the cost of 39.8 billion yuan ($5.83 billion), claiming 20 percent of the bank [...]

China Mobile to cut staff salaries by 10%

China’s largest mobile operator China Mobile is to cut staff payments for five consecutive years starting from 2010, the National Business Daily reported today citing company insiders.
The report says the company’s staff will see their payments decline by 10 percent each year, as required by the State-owned Assets Supervision and Administration Commission (SASAC), which currently [...]

Official denies report on mobile real name registration

An official with the Ministry of Industry and Information Technology (MIIT) said it has no plan to launch a real name registration policy for mobile phone users in Beijing in April, Wednesday’s National Business Daily reported.
Earlier reports said the ministry will require new mobile phone users in Beijing to register their names with their numbers [...]

3G brings a boom to mobile phone industry

When the Chinese government issued the long awaited third generation (3G) license to three domestic telecom operators a year ago, few imagined the number of the country’s 3G users would reach nearly 15 million within one year.

Tags: 3G, CDMA2000, China-Mobile, China-Telecom, industry, mobile, TD-SCDMA, WCDMA

Filter ‘no threat’ to users’ privacy

China’s largest mobile operator has pledged to protect its users’ privacy amid concern over the filtering of text messages for illegal or pornographic content.
Li Kang, deputy director of customer services for China Mobile, insisted consumers are not affected by the filter system and said the move is part of wider efforts to clampdown on “unhealthy” [...]

China Mobile executive sacked

The Party secretary and vice chairman of China’s biggest mobile carrier, China Mobile, was sacked from his post as part of investigations into “serious economic problems,” the Organization Department of the Communist Party of China Central Committee announced yesterday.
The case of Zhang Chunjiang could be the biggest scandal in the country’s telecom industry in the [...]

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