China

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JP Morgan reduces stake in China Telecom to 5.3%

Top China ADR portal reports that JP Morgan cut its stake in China Telecom to 5.3%. Link to full report below:
http://www.chinavestor.com/news-archive/71686-jp-morgan-cuts-stake-in-ch...

China's telecom industry profile

China's telecom industry profile is published free by TMCNet here.
http://www.tmcnet.com/usubmit/2010/04/29/4760605.htm

Telecom companies should inform of customer who discuss state secrets, China

A new law requires operators in China to inform about customers who discuss state secrets, reports fox news. Link to full story below:

http://www.foxnews.com/world/2010/04/29/china-requires-telecom-internet-...

Chinese telecom firms core business revenue increases 5.3%

Chinese telecom firm's core business revenue increased 5.3% for the first 3 months of 2010 to RMB 714.1 billion, reports alibaba.com. Link to full story below:
http://news.alibaba.com/article/detail/business-in-china/100288125-1-chi...

China Telecom launches micro bloggin

China telecom is about to launch microblogging say reports from China.

China Net adds at 10.9M for March 2010. Total subscriber base @756M

As of Mar 31, 2010 Millions

China Mobile:
Number of Customers: 538.887
Net Addition of Customers for the Reporting Month: 5.971
Cumulative Net Addition of Customers for 2010: 16.604M
3G terminals: 7.69M
Link to China mobile data:

http://www.chinamobileltd.com/ir.php?menu=11
----------------------------------------------------
China Unicom:

Aggregate 2G Subscribers: 147.263
Net adds: 0.873
Aggregate 3G Subscribers: 4.824
Net adds: 0.759
Aggregate Local Access Subscribers 101.838
Net adds: -0.274

Ericsson may try to sell CDMA in chinese market

In July 2009, Ericsson acquired Nortel's LTE and CDMA services for $1.13 billion, regaining the CDMA production line. Ericsson had focussed on WCDMA market since 2005 and withdrawn from CDMA market based on its assessment earlier. Alibaba.com reports that in a recent CDMA event ericsson hinted that it may return to CDMA market. Link to full story is below:
http://news.alibaba.com/article/detail/business-in-china/100279271-1-eri...

China telecom will invest $11.7B in 3G

China telecom will invest $11.7B in 3G reports TMT China. Link to full story is below:
http://tmt.interfaxchina.com/news/2741

China plans to expand its 3G user base to 150M by 2011

China expects to expand its user base to 150M by 2011 as reported by Alibaba.com
The number of 3G base stations will cross 400000 by 2011.
Link to the full story is below:

http://news.alibaba.com/article/detail/business-in-china/100275383-1-chi...

China voice holding is rebuilding US operations

PR Newswire reported that the China voice holding engages in two related activities;

1) Provides Prepaid Calling Products targeted at large ethnic group populations
2) Provides wholesale VoIP telecommunications services focused on selling international termination minutes to Carrier and other Service Provider customers

CHVC is now trying to stengthen its foothold in the US Market. Full story below:

http://www.prnewswire.com/news-releases/china-voice-holding-corp-rebuild...

ZTE 2009, revenue increase 36.08%, Net profit increases 48.06%

ZTE announced its FY2009 results. Followin are the highlights:

Based on HKFRS, ZTE recorded a revenue of approximately USD8,820.7million in 2009, representing an increase of 36.08% against 2008. Net profit was USD359.7 million, representing an increase of 48.06% against 2008. Basic earnings per share were USD0.21. In 2009, net cash flow from operating activities per share was USD0.28.

Chinese telecom operators core business revenue up in Jan-Feb by 5% YoY

News at Alibaba reports that chinese operators revenue grew 5% YoY in Jan-Feb to RMB 133.33B

Full story is below:

http://news.alibaba.com/article/detail/business-in-china/100273013-1-chi...

Virtualization contract between VoIP & Digital Telecom Inc and Shandong Leveagin Healthcare Chain Co

Virtualization contract between VoIP & Digital Telecom Inc and Shandong Leveagin Healthcare Chain Co will help the customer to improve server utilization rates and enhance data center security, reported, PR Newswire. The full story is below:

http://www.prnewswire.com/news-releases/china-voip--digital-telecom-inc-...

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