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  • April 18, 2014
  • Last updated: 11:04pm
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  1. Business - China Business - TELECOMMUNICATIONS

    Coolpad obtains fresh funds for 4G smartphone expansion

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

    ... three-year loan facility through a syndicate of mostly Taiwanese banks, according to the firm's filing with the Hong Kong stock exchange. In addition, a so-called greenshoe option of up to US$68 ... 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 ...

  2. Business - China Business - TELECOMMUNICATIONS

    China offers to fund Mexico telecoms networks

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

    ... with the Chinese, one source said. Installation of the planned networks, designed to service rural areas where it has been unprofitable to operate, will begin by the end of this year and the networks ... 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. ...

  3. Comment - Blogs - TELECOMMUNICATIONS

    New Chinese VNOs face latest hurdles in high prices

    Posted Apr 03rd 2014, 11:38am by Doug Young

    ... was buzzing for much of last year when word of the VNO plan first emerged, as many held out high hopes for a much-needed injection of new competition into this tightly controlled sector. The plan ... at lower levels, I could see this plan quickly fizzle and die by the end of next year, as these new VNOs fail to attract many new subscribers for their service. Bottom line: High wholesale prices ...

  4. 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 models. It shipped 40 million smartphones last year, but saw prices for its 3G models take a sharp fall because of intense competition on the mainland- the world's largest smartphone market. ...

  5. Business - China Business - TELECOMMUNICATIONS

    China Telecom profit rises ahead of spending boost

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

    ... 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 that of fixed-line services was up 3.1 per cent to 170.4 billion yuan. The company said capital expenditure this year will be 80.3 billion yuan, slightly higher than the 80 billion yuan in 2013. "If ...

  6. Business - China Business - TELECOMMUNICATIONS

    Xiaomi and Hutchison seek to deepen collaboration in Asia

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

    ... and Indonesia, which are already in our near-term [business] roadmap," said Barra, who was hired last year by Xiaomi to lead the firm's expansion outside the mainland. Hutchison Whampoa, ... ready yet for the European market." Privately held Xiaomi, which took in US$216 million from its third round of fundraising last year, has been selling its 3G phones in Taiwan, Hong Kong ...

  7. Business - China Business - TELECOMMUNICATIONS

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

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

    ... at Big Three The value-added tax that the mainland's telecommunications companies face later this year might force the three wireless operators to cut expenses, including subsidies promoting ... "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 ...

  8. Business - Companies - TELECOMMUNICATIONS

    SmarTone slams rival HKT's 'fishing exercise' over its iPhone deal

    Posted Mar 06th 2014, 01:20am by BIEN PEREZ

    ... legal proceedings against the Communications Authority. HKT initiated a complaint last year against the regulator over Apple's alleged "discriminatory" practice of locking ...

  9. Business - China Business - TELECOMMUNICATIONS

    HTC turns to cheaper phones for sales boost

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

    ... problem with us last year was we only concentrated on our flagship. We missed a huge chunk of the mid-tier market," co-founder and chairwoman Cher Wang said alongside chief financial officer ... Reuters in Taipei and New York Taiwanese firm hopes to reverse a two-year slump by expanding its product range and improving marketing for premium smartphones HTC turns to cheaper phones ...

  10. 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

    ... to return an additional block of 3G spectrum and pledged not to take part in this year's auction of the spectrum the government takes back. The CA last week completed its public consultation ...




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