China Telecom: We’re in the Money, Maybe
Pacific Epoch reports:
The State-owned Assets Supervision and Administration Commission may spend between RMB 30 billion and RMB 50 billion to subsidize China Telecom (NYSE: CHA, 728.HK) once the telecom operator takes over China Unicom’s (NYSE: CHU, 762.HK, 600050.SH) CDMA network, reports Sohu citing unofficial sources. China Telecom general manager Wang Xiaochu said the company will [...]
China 3G: Have it Your Way
Pacific Epoch reports:
China Unicom (NYSE: CHU, 762.HK, 600050.SH) users are starting to switch from Unicom’s CDMA to GSM network, reports Oriental Morning Post. According to the report, users going GSM must relinquish their former mobile number. China Unicom is currently in talks with China Telecom (NYSE: CHA, 728.HK) for the sale of its CDMA business.
China [...]
The Chinese Telecoms Three-Step
China Tech News reports:
The personnel adjustment regarding China’s telecom restructuring has been published with Wang Jianzhou appointed to work as president and CEO of China Mobile (CHL); Zhang Chunjiang as first vice president and party secretary of China Mobile; Wang Xiaochu as president and CEO of China Telecom (CHA); Shang Bing as party secretary of [...]
World Telecommunications Day DOESN’T Mean Anything
Rumors that China would announce the much anticipated reorganization of its telecoms industry on World Telecommunications Day turned out to be just rumors.
With the Sichaun earthquake there are a lot more important things to worry about.
Finally World Telecommunication Day Means Something
China Tech News reports:
Top management from China Telecom has disclosed to the local media that a measure regarding China’s telecom industry restructuring may be released on May 17, the World Telecommunication Day.
The measure, according to sources quoted in various local media, will probably be published on May 17, but there might still be some changes [...]
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