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  1. Mainland telecoms firms prop index as HSBC dips

    Posted Jul 20th 2005, 12:00am by Staff Reporter

    ... telecommunications operators offset a slump in HSBC triggered by worse than expected second-quarter earnings from its bigger rival Citigroup. Investors began taking profit on Sino Land, New World Development ... firms. PICC Property and Casualty rose 2.25 per cent to $1.82 and China Life Insurance added 3.74 per cent to close at $5.55. The latter announced a 91.1 billion yuan interim premium income. ...

  2. Sars, rail line to hit KMB earnings

    Posted Sep 18th 2003, 12:00am by Denise Tsang

    ... Kowloon Motor Bus Holdings (KMB), Hong Kong's largest franchised bus company, is expected to see a sharp drop in its interim profit due to the combined effect of the Sars epidemic and competition from a new rail line. KMB, due to reveal its first-half results today, is estimated to see net profit slide as much as 58 per cent to $240 million, according to analysts. The company, like ...

  3. Unicom promises advantage in 3G

    Posted Aug 27th 2004, 12:00am by Staff Reporter

    ... executive Wang Jianzhou said yesterday after the company released unsurprising interim results. 'Once the 3G licence is granted, we can roll out our CDMA 3G network in six months.' He ... is now capable of handling 2.75G traffic. The company has not released the cost figures for the third phase of the project. The first two phases, which brought its network capacity to 36.5 ...

  4. Palm puts aside feuds in quest for former glory

    Posted Oct 06th 2003, 12:00am by Irene Tham

    ... for a lack of vision. But Todd Bradley, president and chief executive of Palm Solutions Group, believes huge changes in the company - including the acquisition of Handspring and the spin-off ... operating officer in June 2001. During his first year with Palm, he turned around a company mired in slowing sales, bungling product transition and a glut of inventory. 'Fast, aggressive action ...

  5. Earful

    Posted Mar 29th 2005, 12:00am by Georgina Lee

    ... Unicom, knows how to use his wit when put on the defensive. At the company's full-year results announcement last week, Mr Chang was asked to make a choice between his company's GSM ... of 588 million yuan last year. There has been speculation the government might split the company's CDMA and GSM businesses, which would then be taken over by rivals. Skype in shape to become ...

  6. Hutch sticks to low-tariff strategy

    Posted Nov 18th 2004, 12:00am by Georgina Lee

    ... in January, analysts were surprised by its aggressively low pricing, as they had previously expected the company would price the service at a premium over 2G. Since then Hutchison has even reduced its ... in Mumbai before June next year. HTIL would float 10 per cent of the consolidated Indian company- the minimum allowed by Indian securities law. The IPO would be shared between domestic retail ...

  7. Remote access extends reach of road warriors

    Posted Oct 25th 2004, 12:00am by Georgina Lee

    ... aggregators, iPass markets its own brand and maintains its own sales force while GoRemote allows its partners to sell global connectivity under their own brands. The Nasdaq-listed company ... the company around by the first half of next year. ...

  8. Citic 21CN hopes for gains through SMS

    Posted Jul 21st 2004, 12:00am by Staff Reporter

    ... completed until February. HL95 generated $2.46 million of profits for the company between February and March. 'HL95 should contribute several tens of millions of dollars in profit in the coming year,' he said. Citic 21CN has a 49 per cent interest in HL95. Mr Vong said the company might consider purchasing the remainder, a possibility opened up by Cepa. The company has expanded its ...

  9. 3G services burn $30m a day

    Posted Feb 24th 2004, 12:00am by Ben Kwok

    ... Canning Fok Kin-ning said the company had 'restarted' its 3G business in Europe, stressing handset supply should not be a problem this year. Last year, Hutchison indicated it had ... is arguably greater, as it is launching into a market with 77 per cent penetration and three well-funded and established operators.' Hutchison is scheduled to announce annual results on March 18. ...

  10. 3G services burn $30m a day

    Posted Feb 24th 2004, 12:00am by Ben Kwok

    ... prevented an acceleration of losses in the second half. Last week, group managing director Canning Fok Kin-ning said the company had 'restarted' its 3G business in Europe, stressing ... operators.' Hutchison is scheduled to announce annual results on March 18. ...




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