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Rumor: New Unicom To Limit South China Departments

China Unicom (NYSE: CHU, 762.HK, 600050.SH) and China Netcom (NYSE: CN, 906.HK) plan to limit their merged south China subsidiaries to marketing-related departments while north China offices will match departments with company headquarters through the end of 2009, reports Ccidnet.com quoting an unnamed...

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MIIT Grants Unicom Users Access To China Mobile Network

The Ministry of Industry and Information Technology may allow China Unicom (NYSE: CHU, 762.HK, 600050.SH) users to access the China Mobile (NYSE: CHL, 941.HK) network in locations without a Unicom signal as early as November, reports People.com.cn. China Mobile users will not have the same access to...

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China Netcom removed from Hang Seng Index constituent after merger

The announced removal of China Netcom from the list of Hang Seng Index constituent stocks took effect after market close on Monday. The merger between China Unicom and China Netcom, recently approved by their shareholders, was an ongoing Chinese mainland telecommunications restructuring that was expected to create one of the three integrated services providers. The listing of China Netcom will be withdrawn...

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Unprecedented Gathering of China's Mobile Leaders in Macau

Leaders of China Mobile and China Unicom to speak at Mobile Asia Congress HONG KONG, Oct. 3 /PRNewswire/ -- The 2008 edition of the GSMA's Mobile Asia Congress will be the first event ever to bring together the leaders of China Mobile and China Unicom -- two of the largest telecoms companies in the world's most populous country. Wang Jianzhou, Chairman and CEO of China Mobile, Chang Xiaobing, Chairman...

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Component Changes Made To Dow Jones China Offshore 50 And Dow Jones Food & Beverage Titans 30 Indexes

Dow Jones Indexes, a leading global index provider, today announced changes in the composition of the Dow Jones China Offshore 50 Index and Dow Jones Food & Beverage Titans 30 Index.

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China Telecom Completes Purchase of Unicom CDMA Network

China Telecom says that it has completed the $6.4 billion purchase of China Unicom's CDMA network. China Unicom is now free to complete its own purchase of landline operator, China Netcom - as part of the government mandated restructuring of the industry.

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Trend: Mobile Location Based Services in China

A snapshot of the latest trends of Location-based Service (LBS) in Beijing, Shanghai, Hongkong and Tokyo. Trend Description: Many people would agree that Location Based Services are becoming more and more popular worldwide and are opening a host of opportunities for business, but few would agree on the business model that will best monetize the service. [...]

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Next-Generation Trans-Pacific Express Submarine Cable System Is Ready for Service

Most Advanced Submarine Cable System Directly Linking United States, Mainland China, South Korea and Taiwan Provides Benefits to Communications Industry BASKING RIDGE, N.J. and DALLAS, Sept. 30

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Transpacific undersea cable completed

Some of the world's leading phone companies complete the construction of an undersea cable to provide more Internet capacity between the U.S. and parts of Asia.

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China Telecom Will Formally Take Over CDMA Network On October 1

According to a notice released by China Telecom (CHA), the company will formally become the operator of China's CDMA network from October 1, 2008. At the same time, the company has made a detailed plan for the relocation of the CDMA network to ensure the normal communications services during the relocation, which is expected to be [...]

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Wang Leilei To Be CEO Of Struggling Chinese Mobile Firm

Wang Leilei, former CEO of Tom Online, will become chairman and CEO of struggling Chinese wireless value-added services firm KongZhong (KONG) from October 13, 2008 and the company's current CEO and chairman Zhou Yunfan will step down from the positions on the same day. KongZhong is trying to pull itself out of a depresses period. The [...]

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China Unicom Is Promoting iPhone 3G

iPhone is stepping closer to China. A very interesting finding in China Internet Conference is that China Unicom is promoting its 3G (WCDMA) with iPhone and Blackberry. The evidence is found on a leaflet for promoting China Unicom’s WCDMA service. We reported several days back Apple is recruiting in China for iPhone business, the guess we [...]

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Beacon Equity Issues Technical Trade Alerts on Recent Analyst Upgrades: ESLR, CRDN, CHU, ARG, EXC, COF

DALLAS, Sept. 25 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today. Investors can view all of the daily trading notes for free by visiting: Today's Trade Alerts include: Evergreen Solar Inc. (Nasdaq: ), Ceradyne Inc. (Nasdaq: ), China Unicom Ltd. (NYSE: ), Airgas Inc. (NYSE: ), Exelon Corp. (NYSE: ) and Capital One Financial Corp. (NYSE: ). ...

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Rumor: China Mobile Aids Telecoms In SASAC-Backed Move

China Mobile Communications Corporation has been directed to give RMB 50 billion to China United Telecommunication Corporation (Unicom Group), the parent of China Unicom (NYSE: CHU, 762.HK, 600050.SH), by the State-owned Assets Supervision and Administration Commission to reduce CDMA purchasing pressure...

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Rumor: Unicom To Spend RMB 30B In 3G Bidding

China Unicom (NYSE: CHU, 762.HK, 600050.SH) is expected to spend RMB 30 billion in its first round of WCDMA bidding scheduled to begin in more than 200 cities this week, reports Nanfang Daily quoting an unnamed insider. Unicom is rumored to purchase 600,000 to 700,000 wireless base stations during the...