Their goal is to transfer all assets by August 15 this year, according to some reports. Although details are unclear, a Barclays analyst claimed that this transfer of assets could provide the carriers a one-time gain of about $24 billion assuming that all towers are transferred into the JV at once.
This article was authored by Dylan Bushell-Embling, and was originally posted on telecomasia.net. China's planned state-owned telecom infrastructure sharing company is reportedly set to assume ownership of nearly 1 million telecom towers.... [visit site to read more]
By Gerry Shih BEIJING (Reuters) - International Business Machines (IBM) has struck a deal with China Telecom Corp Ltd to offer and manage corporate-grade mobile apps, the latest in a string of tie-ups with Chinese firms. Under the agreement,...Show More Summary
Huawei Technologies, China’s biggest maker of telecom equipment, says on Tuesday profit grew 32.7% last year. Huawei reported a net profit of $ 4.5 billion. Revenue increased 20.6% to $ 46.5 billion last year. The Shenzhen-based company says sales are expected to grow by 10% for the next three to five years, [...]
Most of the carrier’s 2G customers may be adopting China Telecom’s and China Mobile’s 4G networks in light of the their discount offerings and the latter’s massive network expansion (Unicom’s net user base declined by 2.74 million in January and February). Show More Summary
China Telecom has selected digital security provider Gemalto's UpTeq Multi-tenant NFC SIMs to deploy secure NFC transport services in Shanghai and Beijing.
China Telecom's net profit rose marginally by about 1% year-over-year (y-o-y) to RMB 17.7 billion ($2.84 billion) in 2014, as overall cost savings offset the impact of sluggish wireless subscriber growth. These cost savings were largely...Show More Summary
China Unicom and China Telecom will begin selling 4G LTE-capable versions of the iPad Air 2 and iPad mini 3 on March 27, the two wireless carriers announced on Wednesday.
Both China Unicom and China Telecom have announced that they will begin carrying the Wi-Fi + Cellular versions of Apple's iPad Air 2 and iPad mini 3. The carriers will begin selling both tablets on March 27. Both the iPad Air 2 and iPad mini 3 will be compatible with both TD-LTE and FDD-LTE standards need to use LTE in China. Show More Summary
China Unicom and China Telecom announced today that they will start selling the iPad Air 2 and iPad mini 3 to customers starting March 27. This is the first time the carriers, the first and third largest in the country, will offer customers in China the Wi-Fi + Cellular models of Apple’s latest generation tablets. Both China […]
In its upcoming earnings release, we expect the company to report mid single-digit y-o-y growth in operating revenues on account of a steady increase in fixed broadband users and gain in high speed subscribers (3G and 4G). Notwithstanding...Show More Summary
Notwithstanding the limitations in expanding its 4G network coverage, third largest wireless carrier China Telecom added 11.4 million high speed (3G and 4G) subscribers in the latter half of 2014 compared to its tally of just 4.1 million adds in the first six months last year. Show More Summary
China Telecom continued to show steady improvement in its performance in the Chinese wireless market in the latter half of 2014, as it gained about 2 million new high speed (3G and 4G) subscribers in December and about 11.4 million high speed users in the last six months of 2014. Show More Summary
Razer's Nabu could go big in China.
XueXiBao, a homework help app, is the latest educational tech startup in China to receive funding. SoftBank China Venture Capital, an arm of the Japanese telecom giant, and returning investor GSR Ventures led a $20 million Series B in the company. Read More
Adoption of China Telecom’s slowly expanding 4G trial network seems to be gradually picking up considering that the carrier’s high speed user adds (3G and 4G) reported a marked improvement following launch of its 4G network trial (China Telecom does not release separate 4G subscriber figures). Show More Summary
Council Lead Partner Enel is partnering with one of China’s leading telecommunications equipment and systems companies in a collaboration that could result in new innovations for renewable energy, smart grids and electric mobility. The partnership with ZTE Corporation is described as a framework agreement. Show More Summary
The use of social networking websites such as Facebook has dipped in the U.S and U.K., according to research conducted by U.K. telecoms regulator, Ofcom. Visits to ‘traditional’ social networks also fell in Japan and China between September 2013 and October 2014, it found. Read More
Apple on Wednesday announced cellular-capable iPad Air 2 and iPad mini 3 models will be available in China later this week, offering support for region-specific wireless networks used by major telecoms like China Mobile.
his marked the eighth consecutive month of improvement in high speed user adds for the carrier, taking its total 3G-4G user base to about 115 million. It was also the third time this year that China Telecom recorded more monthly high...Show More Summary