ChinaWirelessNews.com » Linktone

China's Linktone Forecasts Its Digital Revenues Will Continue To Decline

ChinaWirelessNews.com Editor — Fri, 19 Aug 2011 12:37:25 +0000

Chinese online firm Linktone Ltd. announced its financial results for the second quarter ended June 30, 2011, and said both that its revenue dropped in the past and will most likely continue to fall in the future. The company's gross revenues for the second quarter ended June 30, 2011, were a mere USD14 million, down [...]

Chinese Q3 Wireless Revenue Climbs For Linktone

ChinaWirelessNews.com Editor — Tue, 30 Nov 2010 23:20:25 +0000

Chinese wireless value-added service firm Linktone Ltd. unveiled its unaudited financial results for the third quarter ended September 30, 2010, and stated that gross revenues climbed, but profit was still small. The company had gross revenues of USD19.8 million, representing 17% sequential increase compared with USD16.9 million in the second quarter of 2010, and 43% [...]

Wireless Revenues In China Sink For Linktone

ChinaWirelessNews.com Editor — Wed, 08 Sep 2010 01:51:35 +0000

Embattled Chinese wireless services firm Linktone Ltd. announced its unaudited financial results for the second quarter ended June 30, 2010, and showed a drop in both revenue and profit. Linktone's gross revenues for the second quarter were USD16.9 million, compared with USD19.0 million in the first quarter of 2010 and USD18.3 million in the second [...]

China's Linktone Resurrects Business With Singapore Acquisition

ChinaWirelessNews.com Editor — Tue, 23 Mar 2010 09:30:27 +0000

Days after announcing a drop in mobile revenue for last year, Chinese wireless value-added services firm Linktone Ltd. has now announced a new acquisition of a Singapore company. Linktone announced that it together with its major shareholder, PT Media Nusantara Citra Tbk, have completed the acquisition of 75% of the share capital of InnoForm Group. InnoForm [...]

Linktone Provides Insight Into Its Mobile Business In China

ChinaWirelessNews.com Editor — Thu, 18 Mar 2010 23:49:59 +0000

Chinese wireless value-added services firm Linktone Ltd. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009. CEO Hary Tanoesoedibjo said, "Although Linktone has not been immune to the challenges faced by our industry, we were pleased to deliver full year financial results that were above our expectations. During 2009, [...]

Linktone Pays USD9 Million For Controlling Stake In Chinese Mobile Game Company

ChinaWirelessNews.com Editor — Wed, 13 Jan 2010 11:00:52 +0000

Chinese wireless value-added services firm Linktone Ltd. has entered into a definitive agreement to acquire [...]

Linktone's Wireless Revenue Crashes In China

ChinaWirelessNews.com Editor — Mon, 30 Nov 2009 23:00:37 +0000

Wireless value-added services revenue precipitously dropped in the third quarter ended September 30, 2009, for [...]

Linktone Posts Small Wireless Profit In China

ChinaWirelessNews.com Editor — Tue, 25 Aug 2009 21:37:25 +0000

Chinese wireless value-added services firm Linktone Ltd. announced a small profit in its unaudited financial results for the second quarter ended June 30, 2009. Linktone recorded wireless value-added services and other revenues of USD18.3 million, compared with USD14.8 million in the first quarter of 2009 and USD14.5 million in the second quarter of 2008. GAAP net [...]

Linktone's Poor Mobile Results Come Weeks After CEO Departs In China

ChinaWirelessNews.com Editor — Wed, 10 Jun 2009 23:41:57 +0000

Just two weeks after dumping its CEO, Chinese wireless value-added services company Linktone Ltd. says its mobile revenue and overall profit have fallen as it announced its unaudited financial results for the first quarter ended March 31, 2009. Linktone recorded wireless value-added services and other revenues of USD14.8 million, compared with USD19.4 million in the fourth [...]

Linktone Bids Farewell To Its CEO, CFO, COO In China

ChinaWirelessNews.com Editor — Fri, 29 May 2009 09:32:46 +0000

Two weeks before it plans to announce the financial results of its first quarter, embattled Chinese wireless value-added services firm Linktone Ltd. has replaced its top management. Linktone reports the resignations of Michael Guangxin Li, the chief executive officer; Jimmy Lai, the company's chief financial officer, and Anthony Chia, chief operating officer. All departures are effective [...]

China's Linktone Expects No Chinese Wireless Growth This Quarter

ChinaWirelessNews.com Editor — Wed, 18 Mar 2009 23:33:41 +0000

Chinese wireless value-added services firm Linktone Ltd. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2008, but even though its quarterly net income magically hit USD0.6 million, its net loss for the full year of 2008 slumped to USD16.5 million. WVAS revenues for the fourth quarter were USD19.4 million, [...]

Telstra's New China Investments Eye China's Growing Mobile Market

ChinaWirelessNews.com Editor — Wed, 11 Feb 2009 04:06:14 +0000

Australia-based Telstra is hoping that it does not repeat the multiple mistakes of other companies venturing into China's overcrowded wireless value-added services market with new investments in two Chinese companies. Telstra has acquired a 67% interest in both China M and Sharp Point. China M is one of the hundreds of Chinese suppliers of consumer mobile [...]

Linktone Expects Q4 Revenue To Drop On Loss Of Digital Advertising

ChinaWirelessNews.com Editor — Mon, 01 Dec 2008 22:16:23 +0000

Chinese wireless value-added services firm Linktone (LTON) stated that its revenues for the third quarter ended September 30, 2008 rose slightly to USD20.3 million, compared with USD19.1 million in the second quarter of 2008 and USD13.3 million in the third quarter of 2007.

The WVAS company announced its unaudited financial results ... Read More>>

Linktone Decides It Doesn't Want Chinese Advertising Revenue

ChinaWirelessNews.com Editor — Mon, 17 Nov 2008 09:47:45 +0000

With its stock price hovering at about USD0.83 at the close of trading on November 14 — a drop of almost 75% since the beginning of 2008 — Chinese wireless value-added services company Linktone (LTON) apparently believes it does not need additional revenue and has severed its exclusive advertising agreement ... Read More>>

Linktone Reports Weak Wireless Revenue, Widening Operating Loss In China

ChinaWirelessNews.com Editor — Thu, 28 Aug 2008 22:33:58 +0000

Chinese wireless value-added services company Linktone (LTON) is fighting the tide of sinking wireless fortune as its unaudited financial results for the second quarter ended June 30, 2008 show it only recorded revenues of USD19.1 million, compared with USD20.5 million in the first quarter of 2008, and an operating loss ... Read More>>

Linktone Terminates Agreements With Chinese Affiliates

ChinaWirelessNews.com Editor — Sun, 17 Aug 2008 16:02:02 +0000

Mobile value-added services company Linktone (LTON) announced the termination of agreements with some of its Chinese affiliates in regard to a business deal.

Linktone has severed contracts with two of its affiliated companies Shanghai Ling Yu Culture and Communication and Beijing Lian Fei Wireless Communication Technology, and the Chinese Youth League ... Read More>>