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  • April 17, 2014
  • Last updated: 10:35am
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  1. Business - China Business - TELECOMMUNICATIONS

    China offers to fund Mexico telecoms networks

    Posted Apr 11th 2014, 12:59am by BLOOM

    ... nations' export banks. Huawei, which did not win its first contract outside China until 1997, reported 239 billion yuan (HK$298 billion) in sales last year, an 8.6 per cent increase from 2012. ... US$15,000 per kilometre of fibre installed do not include the equipment needed to offer services to the final user, just the deployment of the network and the access infrastructure. Large ...

  2. Business - China Business - TELECOMMUNICATIONS

    China Telecom profit rises ahead of spending boost

    Posted Mar 20th 2014, 01:35am by Sophie Yu

    ... of spending boost China Telecom, the operator of the mainland's largest fixed-line network, said net profit climbed 17.4 per cent to 17.5 billion yuan (HK$22.16 billion) as it announced plans ... cent to 321.6 billion yuan last year due to the rapid growth of its mobile business. Revenue contributed by the mobile sector grew 28.3 per cent during the year to 151.2 billion yuan, while ...

  3. Business - China Business - TELECOMMUNICATIONS

    Services initiative promises more satisfaction to ZTE smartphone users

    Posted Mar 28th 2014, 01:40am by Bien Perez and Sophie Yu

    ... is expected to support ZTE's brand-awareness effort as it ships about 60 million smartphones this year, with 40 per cent consisting of advanced 4G smartphones that range from high-end to low-cost ... and accessories- was down 24.69 per cent year on year to 21.70 billion yuan (HK$27.35 billion) as prices of 3G smartphones and basic mobile phones decreased. While the Shenzhen-based company's net ...

  4. Business - China Business - TELECOMMUNICATIONS

    Xiaomi and Hutchison seek to deepen collaboration in Asia

    Posted Mar 19th 2014, 01:25am by BIEN PEREZ

    ... network businesses in the Asia-Pacific included those in Indonesia, Vietnam, Sri Lanka and Australia, where its local subsidiary has a 50 per cent stake in joint venture Vodafone Hutchison ...

  5. Business - China Business - TELECOMMUNICATIONS

    New VAT may drive China's mobile operators to cut costs

    Posted Mar 07th 2014, 10:01am by Sophie Yu

    ... this week. A trial of the tax has been conducted since 2012 in certain sectors, including public transport, in several cities. Business tax was about 3 per cent of revenue, said Ricky Lai, an analyst at Guotai Junan International. He said the value-added tax was expected to be at least 6 per cent of revenue, weighing on the earnings of telecommunications firms. It is impossible for the operators ...

  6. Business - Companies - TELECOMMUNICATIONS

    3G spectrum deprival may cost consumers, operators up to HK$15.5B

    Posted Sep 06th 2013, 12:00am by BIEN PEREZ

    ... was implemented. It estimated data download speeds would deteriorate by an average of 27 per cent for 3G subscribers, worse than the 9 per cent degradation estimated by the regulator, the Office of the Communications Authority (Ofca). "In the worst case, spectrum deprival could result in a 64 per cent increase in download times," Plum consultant Ken Pearson said yesterday. The network ...

  7. Business - Companies - TELECOMMUNICATIONS

    SmarTone bearish on growth prospects after profit falls 32pc

    Posted Feb 14th 2014, 12:57am by BIEN PEREZ

    ... would not look any better than its poor results in the six months to December. The interim net profit at SmarTone, a subsidiary of Sun Hung Kai Properties, dropped 32 per cent to HK$311 million ... wireless fixed broadband business. Its service revenue for the period decreased 3 per cent to HK$2.79 billion. Earnings before interest, tax, depreciation and amortisation, a measure ...

  8. Business - Companies - TELECOMMUNICATIONS

    PCCW's legal challenge may be tactic to help CSL acquisition, say industry sources

    Posted Feb 17th 2014, 04:47am by BIEN PEREZ

    ... and the biggest holder of the bandwidth needed to provide mobile services. Post-CSL merger, HKT would also control 49 per cent of the frequency band primed for use in advanced 4G mobile phone services. ...

  9. Business - China Business - TELECOMMUNICATIONS

    HTC turns to cheaper phones for sales boost

    Posted Feb 10th 2014, 01:42pm by Reuters

    ... by fast-growing Chinese rivals such as Xiaomi and giants like Samsung Electronics and Apple, HTC is seeking to reverse a two-year sales slump matched by an 80 per cent drop in its share price. "The ... "The two cylinders are going to be fired together," Chang said. The new strategy marks a need to address problems at a company, 3.8 per cent owned by Wang, that just over two years ago ...

  10. Business - Companies - TELECOMMUNICATIONS

    China Mobile's 4G expansion drives smartphone supply buildup in China

    Posted Feb 05th 2014, 05:37am by BIEN PEREZ

    ... at the 1,000 yuan (HK$1,280) price mark. If all those devices are connected to the operator's new high-speed mobile network, that would represent about 13 per cent 4G adoption within 12 months ...




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