China Netcom, China’s second largest fixed-line telephone company, has opened a London office to act as its European headquarters.
China Netcom wants to use its global telecoms network to serve the voice and data needs of Chinese companies with operations in Europe. It also wants to get the telecom business of European companies with operations in [...]
China’s telephone fees will continue to drop next year following a steady decrease over the past five years, China’s top information technology official said yesterday.
China’s telecommunications fees decreased 13.6 percent in 2007 and 53 percent over the past five years, according to Wang Xudong, the minister of the Ministry of Information Industry, the country’s top [...]
China is expected to issue full-service licenses to telecom operators in 2008, permitting them to operate both mobile and fixed-line services, the official Xinhua news agency reported, citing information industry minister Wang Xudong.
Wang said the current industry structure, which limits China Telecom and China Netcom (NYSE:CN) to fixed-line operations and China Mobile and China Unicom [...]
According to latest statistics released by the Ministry of Information Industry, China’s fixed line telephone subscribers continued to fall drastically during the first eleven months this year, with sales down 4.9% from the comparable period one year ago.
Under huge competitive pressures from China Mobile, China Telecom and China Unicom, the big two landline telephone carriers [...]
China would launch a special program to develop the technology for a “next-generation broadband wireless mobile communication network” in 2008, Wang Xudong, the minister of Information Industry, said on Thursday.
The next-generation technology would be in line with developing trends in information technology and would contribute to innovation and Chinese companies’ global competitiveness, the minister said.
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AS telecommunications firms were the stars on the stock market this year, it has become almost the norm, and not news anymore, when Goldman Sachs or UBS raised their target price for China Mobile, again and again.
Investors should make China Mobile their top stock choice, followed by Hong Kong-listed China Unicom, Shanghai-listed China Unicom, China [...]
