Chinese news agency Xinhua states that the country’s fixed-line operators will soon be granted licenses for mobile services, citing comments from Ministry of Information Industry (MII) Vice Minister Xi Guohua at a telecom forum.
Keynotes warn that consumer not content is king
The acceptance that it’s the consumer that decides on the success of a mobile service hit home with the industry’s value chain at Wednesday morning’s keynote session focused on mobile entertainment.
China Unicom shares surge on report of industry overhaul
Shares in China Unicom have risen to their highest in more than two months after a report said that China has put the finishing touches on a plan to revamp the country’s telecommunications sector.
Analysts claim China close to telecom sector revamp
The long-running topic of China’s potential telecom industry restructuring emerged again yesterday as Credit Suisse, citing a senior industry official and sector experts, wrote on Monday that the State Council, China’s cabinet, was reviewing a restructuring plan submitted jointly by industry and government regulators and would soon unveil a decision.
Report – China Unicom planning 2.8B GSM upgrade
China Unicom is to invest approximately US$2.8 billion in upgrading its GSM network, according to a report carried by Beijing Times. The report cites Chairman Chang Xiaobing as committing to the investment this year.
China Mobile to launch TD-SCDMA trial service
Next Tuesday will see China’s largest cell phone operator, China Mobile, launch a large-scale trial of a 3G service based upon TD-SCDMA technology.
Ericsson signs Chinese GSM network expansion deals worth US1.4bn
Less than a week after predicting a brighter outlook for the mobile equipment market, market-leader Ericsson has announced new deals worth US$1.44 billion to expand the GSM networks of China’s two largest mobile operators, China Mobile and China Unicom.
China Mobile Group acquires China Railcom
The long-awaited restructuring of the Chinese telecom industry appears to have begun today, with news that China Mobile Group – parent company of China Mobile, the world’s largest operator by subscribers – is to take over nationwide fixed-line peer China Railcom.
China Unicom agrees restructuring financial terms
The restructuring of China’s telecoms market has taken another step forward this morning with confirmation that China Unicom has settled on the financial terms of its merger with fixed-line player China Netcom and the sale of its CDMA business to China Telecom.
China Unicom says SK Telecom’s stake to fall to 3.7%
China Unicom said South Korea’s SK Telecom will hold a 3.7 percent stake in the new company formed from its merger with China Netcom, reports Dow Jones Newswires. SK Telecom currently holds a 6.6 percent stake in China Unicom. Meanwhile China Netcom said that Spain’s Telefonica will hold a 2 percent stake in the merged entity, down from 5 percent.