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Tag | MVAS

Thirty Chinese Mobile Service Provders Punished For Irregular Operations

03 March 2010

According to Cctime.com, a Chinese communications industry portal, 30 Chinese mobile service providers, including Hurray and Sohu, have been punished for various irregular operations in recent weeks in Shandong.
The website reported that these 30 service providers are involved in irregular service billing, fake promotions, irregular operation of short message order services, non-standard pricing, and confusing [...]

Wireless Revenue Slumps For Hurray In China

01 March 2010

Chinese wireless value-added services company Hurray Holding Company Ltd. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.
Total revenues for the quarter were USD6.2 million, representing a decrease of USD0.7 million quarter-over-quarter and a decrease of USD8.2 million year-over-year. Wireless value-added services revenues were USD2.3 million, representing a [...]

Nokia, Pearson: Foreign Companies Running Blindly Into China's Wireless Internet Sector

01 February 2010

Just weeks after China's largest telecommunications operator halted paying firms for some wireless services, two [...]

New Chinese Mobile Content Rules Will Adversely Affect KongZhong's Revenue

27 January 2010

Chinese wireless value-added services firm KongZhong Corporation has issued an update on schemes within the [...]

Taiwan To Issue Two Mobile Television Licenses This Year

15 January 2010

Taiwan plans to issue two mobile television licenses in October 2010 and the capital threshold [...]

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

13 January 2010

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

South Korea's KT To Acquire Stake In Chinese Mobile Service Provider

30 December 2009

South Korean telecom operator KT has announced plans to acquire 25% stake in Omnitel China, [...]

Bad Wireless Revenues In China For Hurray

16 December 2009

Chinese wireless value-added service firm Hurray Holding Company Ltd. announced its unaudited financial results for [...]

Porn Fighter: China Mobile Halts All WAP Fees

01 December 2009

In an effort to fight mobile pornography, Chinese telecom operator China Mobile has announced that it suspended all of its WAP service partners' ability to charge for services as of November 30, 2009. This applies to all of its WAP wireless value-added service partners in China, regardless of a partner's … Read More>>

Linktone's Wireless Revenue Crashes In China

01 December 2009

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

Taiwan Far Eastone Telecommunications, China Mobile Reach Cooperation For Four Services

30 November 2009

According to reports in Taiwanese local media, Taiwan-based Far Eastone Telecommunications has inked a cooperation [...]

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 [...]

Board Changes: Bruno Wu Dumps Shanda, Moves To Hurray

08 September 2009

On the same day Chinese online game company Shanda Interactive Entertainment Limited announced that Bruno Wu had resigned from the company's board of directors, Chinese wireless value-added services firm Hurray Holding Company Ltd. revealed the appointment of Wu to their own board.
"We highly appreciate Bruno's dedication and contribution to Shanda's fast growth over the years. [...]

Linktone Posts Small Wireless Profit In China

26 August 2009

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 [...]

Wireless Revenue In China Plummets For Hurray

13 August 2009

Chinese mobile value-added services firm Hurray Holding Company Ltd. announced its unaudited financial results for the second quarter ended June 30, 2009, and reported total revenues were USD9.8 million, representing a decrease of 16.3% quarter-over-quarter and a decrease of 22.9% year-over-year.
Wireless value-added services revenues was only USD5.5 million, representing a decrease of 29.1% quarter-over-quarter and [...]

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 [...]

Director Leaves Hurray's Board In China

11 August 2009

A board member has resigned at Chinese wireless value-added services provider Hurray Holding Company Ltd.
Effective July 31, 2009, Robert Mao resigned from the board. Hurray has now named Wenwen Niu as a replacement.
Niu is the publisher and creator of The Founder magazine and a professional industry commentator in China. The company has not given a [...]

Shanda To Spend USD46.2 Million Buying Majority Stake In Mobile Firm

09 June 2009

Ending weeks of speculation and public whining, Chinese online gaming firm Shanda Interactive Entertainment Limited is planning to buy a majority stake in wireless value-added services company Hurray.
Chen Tianqiao, chairman of the board of Shanda, stated, "We respect the work by Hurray's board and management and their efforts in defining Hurray's strategies and direction and [...]

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

29 May 2009

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 [...]

Hurray's Mobile Revenues Fall In China As It Drops Further Investor Guidance

22 May 2009

Embattled Chinese wireless value-added services firm Hurray Holding Company Ltd. says its total revenues plummeted 18.5% quarter-over-quarter to USD11.8 million as it announced its unaudited financial results for the first quarter ended March 31, 2009, and stated it would not continue to provide quarterly guidance.
The company's USD11.8 million in total revenues was also a decrease [...]

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