Chinese telecom operator China Mobile held a global developer conference in Guangzhou, and Li Yue, chief executive officer of China Mobile, revealed during the conference that the company plans to launch its own-brand devices and accessories. Li said that China Mobile's own-brand devices will not lead to competition with the mobile industry. He said they […]
China's Linktone Forecasts Its Digital Revenues Will Continue To Decline
19 August 2011
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
01 December 2010
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
08 September 2010
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
23 March 2010
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
19 March 2010
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
13 January 2010
Chinese wireless value-added services firm Linktone Ltd. has entered into a definitive agreement to acquire […]
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 […]
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 […]
Linktone's Poor Mobile Results Come Weeks After CEO Departs In China
11 June 2009
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
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 […]
China's Linktone Expects No Chinese Wireless Growth This Quarter
19 March 2009
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
11 February 2009
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
02 December 2008
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.
Linktone Decides It Doesn't Want Chinese Advertising Revenue
17 November 2008
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
29 August 2008
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
18 August 2008
Mobile value-added services company Linktone (LTON) announced the termination of agreements with some of its Chinese affiliates in regard to a business deal.