Chinese telecommunications operator China Mobile has announced that the company has invested NTD17.77 billion, which is about CNY3.6 billion, in acquiring a 12% stake in the Taiwan-based telecommunications company Far Eastone Telecommunications.
China Mobile said it will purchase 444 million shares of Far Eastone Telecommunications at the price of NTD40 per share through its wholly-owned subsidiary […]

Chinese mobile value-added service company Hurray Holding Company Ltd. might have a suitor, as the company announced it has received an offer to sell a 51% stake.
Fittingly called Best Prospect Overseas Limited, Best Prospect has reportedly expressed interest in acquiring a 51% stake in Hurray. The expression of interest is subject to the satisfactory completion […]

Melbourne, Australia (April 29, 2009) /ChinaNewswire.com/ — GoIndustry DoveBid, UK stock market listed provider of global asset auction and valuation services, was recently appointed by Goodyear Dunlop Australia for the disposal of its Somerton tyre manufacturing facility. The plant located in Melbourne Australia, closed its operations in December 2008.
This most recent appointment was won […]

Alcatel-Lucent is aiming for more Chinese 3G wireless growth with the signing of two framework agreements valued at a total of USD1.7 billion with China Mobile and China Telecom.
The deals will have Alcatel-Lucent provide network upgrades, integration and maintenance services in 2009. The agreements were secured through Alcatel-Lucent Shanghai Bell, Alcatel-Lucent's Chinese flagship company, and […]

China Unicom, the Chinese telecommunications operator that manages WCDMA as its 3G business, will launch a new 3G brand "Wo" and its logo on April 28, 2009, marking the formal beginning of the company's promotion of its 3G business.
On the afternoon of April 28, China Unicom will display the logo of its new 3G brand […]

According to China Mobile's Shanghai branch, its regulations related to micropayments made with mobile phones have been completed and consumers in Shanghai will soon be able to pay with mobile phones in McDonald's and Starbucks.
China Mobile Shanghai said with a new SIM card that integrates the payment function, people in Shanghai can pay with their […]

Hong Kong, China (April 27, 2009) /ChinaNewswire.com/ — US Department of Treasury's Director of the Office of Foreign Assets Control will deliver the Keynote address at American Conference Institute's Asia Forum on Economic Sanctions & OFAC Compliance June 18-19, 2009 Island Shangri-La Hong Kong
Adam J. Szubin, Director of OFAC will speak on OFAC's new […]

June 16-June 17, 2009, JW Marriott Hotel, Shanghai, China
Shanghai, China (April 27, 2009) /ChinaNewswire.com/ — Nicola Bonucci, Director of Legal Affairs at the Organisation for Economic Co-Operation will be speaking on the OECD Anti-Bribery Convention: Monitoring and Future Initiatives on Day 2 of this must-attend event.
U.S. companies, and companies listed on U.S. stock exchanges, […]

China's Ministry of Industry and Information Technology announced at a press conference last week that in the first quarter of 2008, the three major Chinese telecommunications operators, China Mobile, China Unicom, and China Telecom, invested a total amount of CNY120 billion in 3G development, achieving obvious effect on the promotion of relevant industries.
Zhu Jun, director […]

Hong Kong's Office of the Telecommunications Authority has invited applications from existing mobile network operators to participate in the online auction of radio spectrum in the 1800 MHz band, which is scheduled to be held in June 2009.
"There has been significant growth of mobile telephony services in Hong Kong over the past years. As of […]

Hong Kong's Office of the Telecommunications Authority has issued a statement that the regulatory guidance on fixed-mobile interconnection charge in favor of the mobile party's network pay model will be withdrawn as planned today when the two-year transition period ends.
The interconnection charge for fixed-mobile interconnection will thereafter be settled among fixed and mobile operators by […]

U.S.-based Apple said while publishing its latest financial report that it hopes the iPhone products could enter the Chinese market in 2010, which most likely means the iPhone will not be officially available in China this year.
In its financial report for the second quarter of the 2009 fiscal year, starting from December 28, 2008, and […]

Frost & Sullivan to host Customer Contact Asia Pacific summit from May 6-7, 2009 in Kuala Lumpur
Kuala Lumpur, Malaysia (April 24, 2009) /ChinaNewswire.com/ — Today, the term customer service has manifested itself beyond the typical back-office operations to what is known as 'customer experience'. Intense competition amidst the current global economic climate has had […]

Kuala Lumpur, Malaysia (April 24, 2009) /ChinaNewswire.com/ — Asia's mobile subscriber total is expected to surpass 2 billion subscribers by 2012 when 63 percent of the regions' residents are expected to own a mobile phone. However, the fact remains that in 2008 only 8 percent of the region's subscriber base was using 3G and […]

Chinese electronics retailer Yongle said it will start to sell the G3 netbook, a customized convenient notebook developed by China Mobile, in its 63 retail stores in Shanghai from April 23, 2009.
Yongle is reportedly the first electronics retailer in Shanghai to sell the G3 netbooks and a first batch of 10,000 G3 netbooks will be […]

Chinese telecommunications equipment maker Huawei Technologies has published its annual financial report for 2008 and states that its global sales increased by 42.7% year-on-year to USD18.33 billion, which equals about CNY125 billion, while its net profit increased by 20% year-on-year to USD1.15 billion, about CNY7.9 billion.
Of the total USD18.33 billion revenue, 75% was from the […]

The three major Chinese telecom operators, China Mobile, China Telecom, and China Unicom, have all published their latest operating statistics, with China Mobile and China Telecom providing their financial reports for the first quarter of 2009 and China Unicom revealing its performance for March 2009.
China Mobile said its net profit increased by 5.2% to CNY25.2 […]

Beijing, China (April 21, 2009) /ChinaNewswire.com/ — Beacon is delighted to announce that Hank Walther from the US DEPARTMENT OF JUSTICE will be speaking via teleconference at their forthcoming, must-attend Anti-Corruption China conference being held in Beijing between 19-21 May 2009.
Mr Walther will present a keynote speech on FCPA & Anti-Bribery Law Enforcement in […]

Shanghai, China (April 21, 2009) /ChinaNewswire.com/ — With support from World Green Building Council, UNEP SBCI and Purdue University, IGVision will hold the China Sustainable Building Summit 2009 on June 29 to July 1, 2009, in Shanghai, China, together with the Sustainable Building Expo during the same period.
Overall we expect more than 300 high […]

Chinese wireless value-added services firm Hurray Holding Company Ltd. has promoted Xiaoqing Guo to the job chief financial officer, effective immediately.
Guo previously served as acting CFO and vice president, and has been with the Company since December 2003. She will retain her VP title.
Hurray is in a period of messy reorganization, as its founder and […]