China Telecommunications Corporation (Telecom Group) said on Saturday it would invest 80 billion yuan ($11.69 billion) to upgrade its newly acquired CDMA network.
Starting October 1, Telecom Group takes over the network, which was transferred from China United Communications Corporation (Unicom Group), parent company of the wireless service provider China Unicom.
Tags: CDMA, China-Mobile, China-Netcom, China-Telecom, China-Unicom
China Mobile has cut the price of its mobile communications for its trial 3G services close to the rate for fixed-line phone under new packages that it will introduce in three cities first as it bids to woo enterprise, family and campus users.
China Mobile will launch the new packages, which will cut rates by more [...]
China Communications Services Corporation Limited has released its interim report, which says in the first six months of 2008, the company’s revenue increased by 37.5% to CNY13.629 billion and its net profit increased by 11.3% to CNY567 million.
According to the report, China Comservice made CNY5.895 billion with its telecommunications infrastructure service in the first half [...]
China Telecom (CHA) has reportedly finished its five million CDMA terminals tender and more than ten handset manufacturers are included in the successful bidder list that is topped by Samsung and ZTE.
Over 30 manufacturers participated in the bidding while traditional major manufacturers, including Samsung, ZTE, Hisense, Coolpad and Huawei gained the major part of the [...]
China Telecom<728>, the nation’s largest fixed-line operator, is planning to raise up to RMB 50 billion via a corporate bond offering, sources reported.
This is the first financing program launched after it acquired China Unicom’s<600050><762> code-division multiple access (CDMA) mobile-phone operations.
Tags: CDMA, China-Telecom, China-Unicom
China may introduce “asymmetric regulations” for the telecommunications industry to protect the interests of smaller companies like China Unicom and China Telecom after the recent industry reorganization, top telecommunications executives said yesterday.
“Asymmetric regulations” like enforcing a mobile market share ceiling and asymmetric mobile number portability have been adopted by other countries to give every company [...]
