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  • July 11, 2014
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  1. Business - Money

    China's infrastructure reform plan news sees shares rally

    Posted May 01st 2014, 01:27am by SOPHIE YU AND BIEN PEREZ

    ... Sophie Yu and Bien Perez Telecoms reform plan sees shares rally Shares of China Unicom and China Telecom rallied yesterday on reports that Beijing is set to establish a new state-owned ... and help boost cash flow for the three operators. "China Telecom and China Unicom should benefit more as the reported structure would allow them to expand coverage and network quality faster ...

  2. Comment - Blogs

    New competition coming soon in China 4G, broadband

    Posted Apr 24th 2014, 09:35am by Doug Young

    ... Doug Young The MIIT could award FDD-LTE 4G licenses to Unicom and China Telecom by July, forcing China Mobile to scale back its aggressive 4G subscriber targets for this year Just a day ... licenses for the FDD-LTE standard as soon as next month to the company's two main rivals, China Telecom (0728.HK; NYSE: CHA) and China Unicom (0762.HK; NYSE: CHU).   Practically speaking, ...

  3. Business - China Business - TELECOMMUNICATIONS

    Unicom sees hot rush for new iPhone models

    Posted Sep 18th 2013, 12:00am by BLOOM

    ... Bloomberg in Beijing Unicom sees hot rush for new iPhone models China Unicom, which operates the mainland's second-largest wireless network, says it has received more than 100,000 ... Apple unveiled the new models for Unicom and China Telecom's networks last week. It is trying to halt a decline in its share of the world's largest mobile-phone market but that goal ...

  4. Business - China Business - TELECOMMUNICATIONS

    China's 4G network operators face profit challenge in services expansion

    Posted Jan 21st 2014, 10:44am by BIEN PEREZ

    ... mobile services, analysts say. In a report released on Monday, Barclays cut its share price targets for China Mobile, China Unicom and China Telecom to reflect lower revenue forecasts for them ... the company had 767.21 million users, most of whom are 2G network subscribers. Analysts expect competition to intensify when Unicom and China Telecom launch their 4G mobile operations later this year. ...

  5. Business - China Business - EARNINGS

    China Mobile's earnings fall 5.9pc, ending 14-year run of profit growth

    Posted Mar 20th 2014, 01:39pm by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com World's largest mobile operator facing cost pressure from handset subsidies, WeChat competition and lower pricing for 4G services China Mobile's profit falls 5.9 pc to end 14-year streak China Mobile said net profit fell 5.9 per cent to 121.7 billion yuan (HK$153.6 billion) last year due to heavier investments in infrastructure resources. ...

  6. Comment - Blogs

    Telefonica-Unicom: is a divorce imminent?

    Posted May 29th 2013, 12:50pm by Doug Young

    ... Telefonica could soon sell its remaining stake in China Unicom, ending an unsuccessful relationship that benefited neither side An interesting low-key filing by Telefonica (Madrid: TELF) is leading me to wonder if the debt-laden Spanish telco may be preparing to sell its remaining 5 per cent stake in its laggard Chinese peer China Unicom ( 0762 .HK; NYSE: CHU). I said last year ...

  7. Comment - Blogs - TELECOMS

    China Unicom sides with Tencent over WeChat

    Posted Apr 02nd 2013, 10:16am by Doug Young

    ... China Mobile should follow Unicom's more market-oriented approach to working with mobile app developers, and the regulator should stay out of such matters A new memo that has been reportedly leaked from China's second largest mobile carrier, China Unicom ( 0762 .HK; NYSE: CHU), shows the nation's three telcos may not be nearly as united as many may think ...

  8. Business - China Business - TELECOMMUNICATIONS

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

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

    ... to transfer their [tax] burden to consumers XIANG LIGANG, CCTIME.COM The new tax might reduce the annual net income of China Mobile, China Unicom and China Telecom by as much as 9 per cent, he said. "The operators may reduce mobile subsidies and increase offerings of low-end smartphones that cost less than 1,000 yuan [HK$1,266] each," Lai said. Last year, China Mobile alone spent 27 ...

  9. Business - Companies - ACQUISITIONS

    China Unicom to buy parent's fixed-line network for 12 billion yuan

    Posted Nov 22nd 2012, 12:00am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Unicom to take over fixed-line assets China Unicom (Hong Kong), which operates the country's second-largest wireless network, has agreed to pay 12.17 ... to September was 1.16 billion yuan. The share price of Unicom, which announced the proposed deal after the market closed yesterday, rose 1.2 per cent to HK$11.84. Rival China Telecom, by comparison, ...

  10. Business - Companies - TECHNOLOGY

    Unicom, China Telecom in iPhone race

    Posted Nov 28th 2012, 11:15am by Doug Young

    ... Doug Young China Telecom may beat Unicom in offering the iPhone 5 first in China, though it won't really matter since the product has already been available globally for more than two months. More than two months after Apple (Nasdaq: AAPL) launched its latest iPhone, China Unicom (HK: 0762; NYSE: CHU) and China Telecom (HK: 0728; NYSE: CHA) are locked in a race to see who can ...




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