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  • April 16, 2014
  • Last updated: 1:37pm
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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. ... here's the savings- what's the trade-off?" said James Lewis, a senior fellow at the Centre for Strategic and International Studies in Washington. Mexico estimates its new fibre-optic ...

  2. 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

    ... 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 profit improved to 1.36 billion yuan last year from a loss in 2012, total revenue dropped 10.56 per cent to 75.23 billion yuan. ZTE's new "consumer-centric" strategy to promote its ...

  3. Business - China Business - TELECOMMUNICATIONS

    China Telecom profit rises ahead of spending boost

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

    ... Sophie Yu sophie.yu@scmp.com Mainland firm plans to increase capital expenditure by 20 billion yuan once it receives a new 4G mobile network licence China Telecom profit rises ahead 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 ...

  4. Business - China Business - TELECOMMUNICATIONS

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

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

    ... "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 billion yuan on handset subsidies. The company has said it will increase spending on mobile devices to secure market share this year. Xiang Ligang, chief executive at telecommunications industry ...

  5. 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 ... Technologies, to be the most aggressive among the Chinese smartphone makers. The firm plans to ship more than 30 million 4G devices this year and was the first to announce a 1,000 yuan model last month. ...

  6. Business - China Business - TELECOMMUNICATIONS

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

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

    ... forecasts China Mobile's capital spending will reach 200 billion yuan (HK$256 billion) this year, up from an estimated 190.2 billion yuan last year, as it pushes for greater 4G coverage nationwide. In contrast, the other two aim to roll out initially in major cities. China Telecom's outlay is predicted to rise to 100.7 billion yuan from 80 billion yuan last year, ...

  7. Business - China Business - TELECOMMUNICATIONS

    Subsidy war likely as iPhone finally comes to China Mobile

    Posted Jan 18th 2014, 01:29am by Reuters

    ... will do it," Clendenin said. China Mobile's iPhone sales are expected to reach 12 million in its 2014 fiscal year, but its subsidies will leap 57 per cent to 42.4 billion yuan (HK$54 billion), up from 27 billion yuan in fiscal 2013, wrote Cynthia Meng, a Jefferies analyst, in a December report. For the basic 16 gigabyte iPhone 5S, with no subscriber contract, China Mobile ...

  8. Business - China Business - TELECOMMUNICATIONS

    Apple facing uphill battle in China despite China Mobile deal

    Posted Jan 15th 2014, 03:35pm by AFP

    ... competition in China's smartphone market," he said. "Smartphones that cost about 1,000 yuan [HK$1,280] are the most popular." In the US, an iPhone 5s with 16 gigabytes of storage ...

  9. Business - China Business - TELECOMMUNICATIONS

    China Mobile goes over the top in international retail expansion

    Posted Nov 19th 2013, 02:47pm by BIEN PEREZ

    ... while the operator fine-tuned the service. Now available for free outside mainland China on Apple’s online App Store and on Google Play, Jego allows offshore users to rent a China Mobile phone ... to its annual revenue”. China Mobile posted 560.41 billion yuan (HK$708.9 billion) in revenue last year, of which 368.02 billion yuan was generated by voice services. “Cloud computing” refers ...

  10. Business - China Business - TELECOMMUNICATIONS

    Private firms shake up China's mobile market

    Posted Dec 27th 2013, 02:18am by Sophie Yu

    ... translate into an annual revenue of 20 billion yuan [HK$25.34 billion]." Seventy companies bid for the first batch of virtual licences. The mainland's top two home appliance retailers, ...




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