22/05/2013 17:02:25 Free Membership Login

China Telecom News (NYSE:CHA)

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05/13/20138:50PMDJNEU Closer to Chinese Trade Probe
BRUSSELS--The European Union's trade chief will ask for backing this week from senior members of the bloc's executive arm to start investigations into alleged unfair trade practices by Chinese network equipment suppliers Huawei Technologies Co. and ZTE Corp. (ZTCOY, 0763.HK, 000063.SZ), an EU official said, amid concern... More...>>
05/06/20139:10AMDJNAmazon Opens Chinese-Language Application Store
BEIJING--Amazon.com Inc. (AMZN) said Monday it opened a new Chinese-language application store, a move analysts say could presage the introduction of the company's tablets and e-readers in the country. The store offers applications running Google Inc.'s (GOOG) Android operating system, including many of the most popular... More...>>
04/22/20137:00AMDJNChina Mobile's 1Q Profit Growth Slows
BEIJING--China Mobile Ltd. (CHL) said Monday that its first-quarter net profit growth slowed as intensifying competition and growing sales of low-cost smartphones hurt profitability. The slower rate of growth comes as the world's largest mobile carrier, with more than 700 million customers, is plowing almost $7 billion... More...>>
04/22/20136:45AMDJNChina Mobile's First-Quarter Net Profit Rises 0.3% To CNY27.9 Billion
By Paul Mozur BEIJING--China Mobile Ltd. (CHL) said Monday that its first-quarter net profit growth slowed as intensifying competition and growing sales of low-cost smartphones hurt profitability. The slower rate of growth comes as the world's largest mobile carrier, with more than 700 million customers, is plowing almost... More...>>
04/19/20134:46PMDJNADR Shares End Higher After Tumultuous Week
By Anna Prior International companies trading in New York closed higher Friday, snapping back somewhat after a rough start to the week that saw falling commodities prices and concerns about China's economic growth weigh on shares. The Bank of New York index of ADRs rose 0.9% to 134.72. The International Monetary Fund said... More...>>
04/05/201311:20AMZACKSNII Holdings to Sell Peru Business - Analyst Blog
NII Holdings Inc. (NIHD), which offers wireless services through its Nextel brand in Latin America, has agreed to sell its Peruvian business to Chile’s Empresa Nacional de Telecomunicaciones S.A. (or Entel), for around $400 million. NIHD will use the sale proceeds to focus on two of its largest markets, Mexico and... More...>>
04/02/201311:30AMZACKSChina Unicom Boosts 3G Phone Target - Analyst Blog
Beijing-based China Unicom Hong Kong Limited (CHU) has set a target of selling 90 million units of 3G smartphones in 2013, up nearly 50%. Management stated that all the 3G smartphones offered by the company will support high-speed mobile network and provide faster download speed. In Aug 2009, China Unicom launched 3G services... More...>>
03/22/20131:30PMZACKSChina Unicom '12 Net Income Soars - Analyst Blog
China Unicom (CHU) announced the results for full-year 2012 with adjusted net income of RMB 7.1 billion ($1.12 billion) that surged 67.9% over the year-earlier period on the back of strong revenue growth and higher adoption of the 3G plan. Revenue & Subscriber Total revenue (excluding deferred fixed-line upfront connection... More...>>
03/20/20131:20AMDJNChina Telecom Year Profit Falls 9.5%
BEIJING--China Telecom Corp. Ltd. (CHA) Wednesday said net profit fell 9.5% last year from a year earlier, due to increased costs and competition as it fights with two other major carriers to attract high-value users. The largest fixed-line operator by subscribers has been spending heavily on its mobile services business... More...>>
03/20/20131:15AMDJNChina Telecom Net Profit Down 9.5% as It Spends to Compete
By Paul Mozur BEIJING--China Telecom Corp. Ltd. (CHA) Wednesday said net profit fell 9.5% last year from a year earlier, due to increased costs and competition as it fights with two other major carriers to attract high-value users. The largest fixed-line operator by subscribers has been spending heavily on its mobile services... More...>>
03/15/20131:21PMZACKSCHL's iPhone Hope Banks on 4G Roll Out - Analyst Blog
China Mobile Limited (CHL), the largest wireless carrier in the world by subscriber base, is banking on its 4G network deployment to propel growth of Apple Inc.’s (AAPL) iPhone. CHL wants to commercially launch its 4G technology by the second half of this year and has also earmarked its 4G investment plan. CHL already... More...>>
03/11/20137:00AMZACKSCHU to Hold Back 4G Roll out Cost - Analyst Blog
China Unicom Limited (CHU) recently announced its plan to hold back its 4G LTE deployment cost for the year, mainly buoyed by 4G LTE spectrum licenses to be issued by the Ministry of Information Industry (MII) in China by the end of 2013. At the end of the first nine months of 2012, China Unicom has a cash position of... More...>>
03/07/201310:00AMZACKSChina 4G License Expected This Year - Analyst Blog
As per media reports, People’s Republic of China – the biggest telecom market in the world by subscriber base, is expected to issue fourth generation (4G) license before the end of this year. A country wide 4G network will allow the Chinese people to get 5 times faster internet speed than 3G. China has been... More...>>
03/01/20139:49AMZACKSChina Mobile Sets Yearly LTE Target - Analyst Blog
China Mobile Limited (CHL) – the largest telecom operator in the world by subscribers remains optimistic on its previous set target of deploying home grown 4G-LTE technology across 100 cities in China by the year-end and also well supported by 200,000 base stations. Moreover, it has also set an annual target to sell... More...>>
02/21/20131:20PMZACKS4G LTE to Dominate Chinese Telecom - Analyst Blog
Research firm IHS iSuppli predicts that 4G LTE (Long Term Evolution) will propel the next phase of growth in the Chinese telecom space on account of which China Mobile Limited (CHL) will have a significant lead over its rivals based on its early efforts to deploy TD (Time Division) LTE network in the country. The news... More...>>
01/23/20134:40AMZACKSAT&T to Boost Network Services - Analyst Blog
AT&T Inc.(T), the second largest telecom operator in the U.S. after Verizon Communication Inc. (VZ) plans to offer high quality network services to international companies operating in the Chinese markets. Such improved network services, which include various communication services like video conferencing, Virtual... More...>>
01/10/20138:20AMDJNTalks Raise Hopes of iPhone China Deal
TAIPEI--Apple Inc. (AAPL) Chief Executive Tim Cook and China Mobile Ltd. (CHL, 0941.HK) Chairman Xi Guohua discussed cooperation at a meeting Thursday, raising hopes that the world's largest mobile carrier would soon begin offering iPhones to its millions of subscribers. China Mobile confirmed that the meeting took place... More...>>
12/31/20124:50AMZACKSChina Sets 100 M 3G Customer Goal - Analyst Blog
People’s Republic of China – the biggest telecom market in the world by subscriber base has set an ambitious goal for the forthcoming year. Additionally, the East Asian country expects 3G subscribers and broadband Internet to collectively propel growth in 2013.  According to China’s Ministry of Industry... More...>>
12/18/201211:20AMZACKSBalanced View on Chunghwa - Analyst Blog
We reaffirm our Neutral recommendation on Chunghwa Telecom Co. Ltd. (CHT) as we believe Chunghwa’s mobile and Internet/Data operations will drive overall growth in the years to come. However, a highly competitive Taiwanese telecom market remains the major concern for the company. Aggressive roll-out of fiber-to-the-home... More...>>
11/29/20123:39AMDJNApple Device Resembling iPhone 5 Wins China Network Access Approval
By Paul Mozur BEIJING--An Apple Inc. (AAPL) device resembling the iPhone 5 has received approval for a network access license in China, a regulatory website said Thursday. The phone is compatible with the network standard supported by China's third-largest mobile carrier, China Telecom Corp. (CHA), the regulator said... More...>>


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