China Telecom, the world's largest fixed-line network operator, saw its share price climb to the highest in three months yesterday, on news that it plans to pay more than 120 billion yuan (HK$147.10 billion) to acquire the mobile infrastructure of its parent company.Wednesday, 15 August, 2012, 10:58pm
China Mobile and South Korea's SK Telecom, the largest wireless network operators in their markets, have agreed to collaborate on mobile gaming content for the mainland.
The initiative is to be undertaken by China Mobile's unit in Jiangsu, one of the country's most prosperous provinces, based on a memorandum of understanding (MOU) signed by the operators last Friday.11 Apr 2011 - 12:00am
Mobile-telephone services giant SK Telecom has entered the mainland's growing market for satellite-based navigation products and services with the acquisition of Shenzhen E-eye High Tech.16 Feb 2008 - 12:00am
China Unicom, the smaller of the nation's two mobile phone operators, said last year's net profit more than doubled due to an increase in its tax rebate and a smaller accounting loss from a fair value adjustment on convertible notes issued to SK Telecom.31 Jan 2008 - 12:00am
Shares in mainland operators surge as long-awaited restructuring nears
Mainland mobile-telephone operators, whose shares have surged in the past month on rumours that a long-awaited restructuring will go ahead as early as next summer, have had their price targets raised by leading banks and brokerages.9 Oct 2007 - 12:00am
China Unicom, the smaller of the country's two mobile operators, beat expectations with a 34 per cent gain in underlying first-half profit on various cost-control measures.
Profit before one-time items rose to 3.77 billion yuan as revenue grew 5.1 per cent to 49.1 billion yuan.24 Aug 2007 - 12:00am
Rural focus boosts growth as revenue strategy pays off
China Mobile, the world's largest mobile operator, will celebrate the 10th anniversary of its Hong Kong listing in October with analysts lauding the strength of its business model for non-voice value-added services.21 Aug 2007 - 12:00am
China Unicom, the nation's smaller mobile operator, said first-quarter profit rose 41 per cent on finance and marketing savings.
Net profit jumped to 1.96 billion yuan in the three months to March from 1.38 billion yuan a year earlier, as revenue rose 3.9 per cent to 23.85 billion yuan. Earnings per share rose 20 per cent to 13.2 fen from 11 fen.27 Apr 2007 - 12:00am
China Unicom chairman Chang Xiaobing said yesterday the company was not talking to other national telecommunications players about taking over one of its two networks.
Mr Chang said this as the smaller of the mainland's two mobile-telephone operators reported a better than expected 24.3 per cent growth in net profit for last year.30 Mar 2007 - 12:00am
KDDI Corp, Japan's biggest CDMA operator, would prefer partnering with China Unicom on CDMA roaming and 3G expertise rather than invest in the group, a company source said yesterday.5 May 2006 - 12:00am