SK Telecom to maintain holdings in China Unicom

SK Telecom, Korea’s largest wireless telecom operator, will look for ways of maintaining its stake in China Unicom, the second largest wireless telecom operator in China, at the existing 6.6% level, said sources citing Suk Hwan Lee, CEO of SK Telecom China region, as saying on Wednesday.
SK Telecom’s stake would get diluted to 3.7% after [...]

Beijing To Have 3G Mobile Service But With Hiccups

China has long promised that third-generation mobile phone technology will be available at the Beijing Olympics, but international travelers shouldn’t expect seamless service.
The two 3G standards widely available in the rest of the world are unlikely to work in Beijing, experts say, meaning visitors will be faced with the choice of either getting a new [...]

China Telecom Americas expands network with Cisco IP NGN

Because it builds its services with Cisco equipment and technologies, China Telecom Americas has become a Cisco Powered Program member with service designations in multiprotocol label switching-based IP virtual private network and carrier ethernet.
China Telecom Americas currently operates multiple super points of presence that aggregate traffic across North America. China Telecom America’s backbone expansion includes [...]

China Unicom’s CDMA Business Sold to China Telecom

China United Telecommunications Corp.’s (China Unicom) (CHU) CDMA business has been sold to China Telecommunications Corp. (China Telecom) (CHA) for RMB 110 billion ($15.85 billion), according to announcements made today by the companies’ respective listed arms, China Unicom Ltd and China Telecom Corp. Ltd.
The deal was divided into the sale of CDMA services and the [...]

China Telecom Sector Reorg Plan Affecting China Mobile

China Mobile (CHL) shares are down this morning on investor concerns about the impact of a new plan from China’s government to combine some smaller government-controlled telecom companies into several larger players, posing a new competitive threat for the country’s top wireless company.
Under the plan, the WSJ reports, the government “will meld six main state-owned [...]

Government Clampdown on China Mobile Proves Illusory

The Chinese government plan that sapped $39 billion in market value from China Mobile Ltd. may only end up strengthening the wireless carrier’s grip on the world’s biggest telecommunications market.
On May 24, regulators ordered three smaller, state-owned providers to merge into two competitors that might be strong enough to chip away at China Mobile’s 69 [...]