Chinese wireless value-added services company KongZhong Corporation revealed its unaudited third quarter 2010 financial results and stated its total revenues increased 7% year-over-year to USD37.67 million. However, the company says it expects total revenues for the fourth quarter to be within the range of USD35.5 million to 36.5 million. KongZhong's total gross profit for the [...]
Wireless Services Decline In China For KongZhong
26 August 2010
Chinese mobile Internet company KongZhong Corporation today announced its unaudited second quarter 2010 financial results. Total revenues for the quarter increased 9% year-over-year to USD35.3 million and total gross margin was 48% in the second quarter of 2010, an increase of 44% from the previous quarter in 2010. Net income was USD2.6 million, and KongZhong [...]
KongZhong Announces Q3 2009 Financial Results
12 November 2009
Chinese mobile wireless value-added services firm KongZhong Corporation announced its unaudited third quarter 2009 financial results and stated its profit and revenue grew over the previous quarter.
Total revenues increased 40% year-over-year and increased 9% quarter-over-quarter to USD35.1 million. Net income in the quarter was USD4.50 million, a 27% increase compared with the previous quarter's net [...]
KongZhong Lifts Wireless Services Revenue In China
11 August 2009
Chinese wireless value-added services firm KongZhong Corporation has announced its unaudited second quarter 2009 financial results.
Total revenues for the second quarter of 2009 increased 37% year-over-year and increased 9% quarter-over-quarter to USD32.3 million. Net income in the quarter was USD3.55 million, a 41% increase compared with the first quarter of 2009 net income of USD2.52 [...]
Hong Kong Boasts Mobile Phone Penetration Rate Of 163%
15 April 2009
In its drive to become a true wireless city, Hong Kong's Office of the Telecommunications Authority has published for the first time the statistics of local mobile data usage, which showcase a surge to 147 Terabytes as of January 2009, or an average amount of 44 Mbytes per 2.5G/3G mobile user for that particular month.
Apart [...]


