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 [...]

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 [...]

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’s telecom sector reports 4% rise in main business revenue

China’s telecommunication industry reported 842.43 billion yuan ($123 billion) in main business revenue in 2009, up 3.9 percent year-on-year, the Ministry of Industry and Information Technology said on Thursday.
Wireless telecommunications contributed 60.43 percent of the revenue, while 27.77 percent of the revenue was from fixed-line business and 11.8 percent from data communications, according to a [...]

Mobile phone brands top online buzz

Edelman, the world’s leading independent public relations firm, and Brandtology, one of the larger independent business and brand service providers, Tuesday unveiled their second edition of the quarterly Digital Brand Index for China, which tracked netizen behavior and technology brand activities in the last quarter of 2009.
Between October and December 2009, the index monitored 472 [...]

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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