• Wed
  • Sep 17, 2014
  • Updated: 9:11am


Lenders give Citic full backing for Macau buy

Citic Telecom International, a subsidiary of Hong Kong conglomerate Citic Pacific, has secured bank loans to buy 79 per cent of Companhia de Telecomunicacoes de Macau (CTM).

Thursday, 17 January, 2013, 4:19am

HTC launches assault on Myanmar’s mobile market

Taiwan’s leading smartphone maker HTC opened its first store in Myanmar on Monday, seeking a foothold in one of Asia’s last remaining untapped markets.

The shop was inaugurated in Yangon by HTC chief executive fficer Peter Chou, an ethnic Chinese who was born and raised in the Southeast Asian country, company officials said.

14 Jan 2013 - 2:42pm

Citic Telecom shares rally on Macau stake deal

Shares of Citic Telecom International jumped 12.9 per cent yesterday following news it will buy 79 per cent of Macau's main telecommunications operator for US$1.16 billion.

The benchmark Hang Seng Index rose 0.64 per cent.

15 Jan 2013 - 4:01am

Mainland to open up telecoms market to local private sector

Beijing is fast-tracking the mainland's long-awaited telecommunications reforms under a plan that would let mainland private companies provide domestic mobile services.

The initiative could bode well for the reform-minded premier-in-waiting, Li Keqiang, as he pushes forward a policy that has made little progress since it was initiated in 2010.

10 Jan 2013 - 4:21am

Headwinds, high rent and new ground


Soaring fuel prices and sluggish demand in the United States and the euro zone sapped the performance of global airlines in 2012, which face more headwinds in the new year.

31 Dec 2012 - 4:58am

ZTE to sell video monitoring unit for 1.3b yuan

ZTE Corp, China's second-largest telecommunications equipment maker, plans to sell an 81 per cent stake in its surveillance equipment subsidiary for 1.3 billion yuan (HK$1.6 billion).

The subsidiary is Shenzhen ZNV Technology, ZTE said in a filing to the Hong Kong stock exchange after the market closed yesterday.

29 Dec 2012 - 4:58am

Huawei committed to cyber-security

Huawei Technologies is committed to protecting cyber-security and working with governments in a transparent way, according to the head of the company's Canadian division.

1 Nov 2012 - 4:48am

UN agency could gain control over the web

It is expected to be the mother of all cyber diplomatic battles.

When delegates gather in Dubai in December for an obscure UN agency meeting, fighting is expected to be intense over proposals to rewrite global telecom rules to effectively give the United Nations control over the internet.

30 Oct 2012 - 4:05am

Citic Pacific unit eyes Macau CTM takeover

Citic Telecom International, a subsidiary of Hong Kong conglomerate Citic Pacific, plans to acquire a controlling interest in Macau's main telecommunications network operator.

18 Oct 2012 - 4:47am

If Huawei is blameless, it should clear its name

Last month one western media report dubbed Shenzhen-based technology giant Huawei "Who are we?"

The joke was a poor one, but it made a serious point. Although Huawei recorded sales of US$16.3 billion in the first half of this year, surpassing Swedish behemoth Ericsson to become the world's leading provider of telecommunications equipment, to outsiders it appears a closed book.

10 Oct 2012 - 9:33am 7 comments