China Telecom seeks investors for CDMA business
China Telecom has confirmed it is in talks with a number of potential strategic investors regarding its newly-acquired CDMA mobile network.
Telefonica eyes 10% stake in China Unicom
Telefonica aims to increase its presence in the Chinese market by acquiring up to a 10 percent stake in the country’s second largest mobile operator China Unicom, reports the Financial Times (FT).
China Unicom quashes iPhone launch rumours
China Unicom has reportedly denied widespread rumours this week that it has struck a deal with Apple to launch the iPhone later this year.
China Unicom postpones restructuring
China Unicom has announced that the sale of its CDMA network to China Telecom will be delayed until no later than August 31, writes Pacific Epoch. The original deadline for the submission of the details of the sale was June 23. Terms of the deal are expected to remain unchanged.
Analyst: 1M illegal iPhones on China Mobile network
Around 1 million iPhones have been illegally unlocked and brought into China to work on China Mobile’s network, a telecoms analyst told China’s Interfax news agency this week.
Report: China Telecom plans October device rollout
China Telecom will reportedly begin selling devices compatible with its newly-acquired CDMA mobile network in October this year.
Report: China Telecom issues US4.4B tender
China Telecom – currently in the process of acquiring China Unicom’s CDMA network – has issued tenders worth up to HK$34.3 billion (US$4.4 billion) for expansion of the network into new coverage areas, according to a South China Morning Post report.
China Telecom to lease CDMA network for 3 years
China Telecom is to spend as much as CNY59 billion (US$8.7 billion) over the next three years in leasing use of its parent company’s newly-acquired CDMA network.
China Unicom completes GPRS upgrade
ChinaTechNews reports that China Unicom finished upgrading its GSM networks to GPRS in the 31 cities and provinces across China by the end of June 2008, and all of its pre-paid and post-paid users are now able to use GPRS services.
China Unicom to spend US14.6B on expansion
China Unicom said today it expects to receive a 3G license after it merges with China Netcom and could spend up to RMB100 billion (US$14.6 billion) on capital expenditure in the next two years.
