There is a financial crisis afoot, Chinese mobile value-added services firms are struggling, but at least one analyst believes that companies will continue to reap big profits.

The People's Government of Hebei Province and China Netcom signed a strategic cooperative agreement at Bailou Hotel, Shijiazhuang this week.

China Mobile's (CHL) Sichuan branch has completed the mobile communications coverage in 21 cities, 451 towns and 4389 villages that were affected by the May 12 Wenchuan earthquake along with the 492 temporal residences and China Mobile will invest about CNY5.6 billion for post-disaster reconstruction.

China Unicom (CHU) has announced a timetable and the cost involved for the recovery of its communications services after the May 12 Sichuan earthquake.

China Mobile has set up an internet cafe on Mount Everest, the highest mountain in the world.

China Mobile has fulfilled its commitment to providing 3G service for the Beijing Olympic Games by delivering 15000 Samsung TD-SCDMA mobile phones and related services to the Beijing Olympic Games Organizing Committee.