SK to invest US2.2B in new growth ventures
SK Telecom, South Korea’s largest mobile operator, has a war chest of over US$2 billion to invest in new areas of growth over the next five years to offset slowing growth in its domestic market, the operator’s new chief executive said today
Motorola wins China Unicom 3G deal
Motorola has joined Alcatel-Lucent, Ericsson, Huawei, Nokia Siemens Networks and ZTE as a supplier for China Unicom’s WCDMA network. No specific details were revealed.
China Unicom launches ‘WO’ 3G network
China Unicom has revealed a new brand and logo for its 3G network, marking the beginning of the operator’s strategy to market new high-speed services in China, the world’s largest mobile market.
China Unicom said today its first-quarter net profit totaled CNY3.57 billion, notes Dow Jones Newswires. Revenue in the three months ended 31 March was CNY37.92 billion.
Report: Telefonica confirms US1.16B Unicom deal
The Wall Street Journal reports this week that Spain’s Telefonica has confirmed plans to invest EUR800 million (US$1.16 billion) to maintain its shareholding in China’s second-largest mobile operator, China Unicom.
China Unicom launches 3G network trials
China Unicom started trials of its 3G network yesterday, becoming the last of China’s three largest mobile operators to do so.
China Unicom sees 2H09 mobile ARPU down
China Unicom expects ARPU for its mobile and broadband services to drop in 2H09, but hopes income from its 3G data services will offset part of the decline, reports Reuters.
HP seeks Chinese operator netbook deals
Hewlett-Packard, the world’s largest PC-maker by sales, is talking with China’s three mobile operators about offering netbooks, reports the Wall Street Journal.
Chinese 3G spend tipped to reach US150B
Cellular News, citing a DigiTimes article that quotes Liu Liqing, chairman of the China Association of Communication Enterprises (CACE), reports that expenditure on China’s 3G networks could reach close to US$150 billion over the next three years.
Reuters notes that China will limit the number of messages that a mobile number can send per day to battle rampant spam messages clogging mobile networks.
