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  1. Business - Companies - TELECOMMUNICATIONS

    ZTE first-half net profits seen speeding up on 4G network growth

    Posted Aug 18th 2014, 04:01am by Sophie Yu

    ... to the country's introduction of fourth-generation (4G) networks, industry experts say. In July, the company revised up its estimated net profit for the first half of the year to between one billion yuan (HK$1.26 billion) to 1.15 billion yuan, up from a target of 800 million yuan to one billion yuan set in April. ZTE posted a net profit of 310 million yuan in the period last year. The increases ...

    http://www.scmp.com/business/companies/article/1575665/zte-first-half-net-profits-seen-speeding-4g-network-growth
  2. Business - Companies - TELECOMMUNICATIONS

    China Unicom sticks with Apple, as it reports 25.8pc surge in net profit

    Posted Aug 08th 2014, 04:28am by Sophie Yu

    ... second-biggest wireless network operator said first-half net profit surged 25.8 per cent to 6.7 billion yuan (HK$8.4 billion) year on year in the first half, boosted by strong growth of 3G and 4G ... million mobile subscribers, reaching 295 million in total. Revenues rose 3.6 per cent to 149.6 billion yuan. "Due to the replacement of business tax with value-added tax as well ...

    http://www.scmp.com/business/companies/article/1568639/china-unicom-sticks-apple-it-reports-258pc-surge-net-profit
  3. Business - China Business - TELECOMMUNICATIONS

    China Mobile sees deal on telecoms towers completed this year

    Posted May 23rd 2014, 12:51am by Sophie Yu

    ... of subscribers has budgeted 225.2 billion yuan (HK$279.6 billion) in spending this year, a third of which will be spent on 4G network-services expansion. The company said its role would ... will be 30 yuan for 500 megabytes, compared with 40 yuan for 400 megabytes under the current plan. The company said real growth in 4G business would start in the second half of the year. ...

    http://www.scmp.com/business/china-business/article/1518237/china-mobile-sees-deal-telecoms-towers-completed-year
  4. Business - China Business - TELECOMMUNICATIONS

    Xiaomi to enter 10 new countries as expansion accelerates

    Posted Apr 24th 2014, 01:15am by BLOOM

    ... "It's our mission and our belief that this model should be able to achieve some level of success outside China." The company recorded 1.5 billion yuan (HK$1.88 billion) in orders during a one-day web sale in mainland China on April 8, and is now the nation's third-largest e-commerce site, the company said. Xiaomi's Mi3 smartphone sells for 1,999 yuan, or less than half ...

    http://www.scmp.com/business/china-business/article/1495419/xiaomi-enter-10-new-countries-expansion-accelerates
  5. 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 ...

    http://www.scmp.com/business/china-business/article/1474275/china-offers-fund-mexico-telecoms-networks
  6. Business - China Business - TELECOMMUNICATIONS

    Coolpad obtains fresh funds for 4G smartphone expansion

    Posted Apr 18th 2014, 01:17am by BIEN PEREZ

    ... the borrowings would support Coolpad's development and launch this year of 30 new 4G smartphone models, many priced at lower than 1,000 yuan (HK$1,255) each, as China Mobile, China Unicom and China ...

    http://www.scmp.com/business/china-business/article/1486324/coolpad-obtains-fresh-funds-4g-smartphone-expansion
  7. 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 ...

    http://www.scmp.com/business/china-business/article/1452793/china-telecom-profit-rises-ahead-spending-boost
  8. 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 ...

    http://www.scmp.com/business/china-business/article/1458863/services-initiative-promises-more-satisfaction-zte
  9. 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 ...

    http://www.scmp.com/business/china-business/article/1442459/new-vat-may-drive-chinas-mobile-operators-cut-costs
  10. 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 ...

    http://www.scmp.com/business/china-business/article/1360169/china-mobile-goes-over-top-international-retail-expansion

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