China Telecom

China Telecom mobile revenue increased 77.7% in 1H10

The Chinese operator’s mobile service revenue reached CNY22.77 billion ($3.35bn), with mobile revenues making up 21 per cent of overall revenue in 1H10. Net profit for the group increased 4.7 per cent to CNY8.81bn and EBITDA for the group increased 5.6 per cent to CNY45.76bn.

China Telecom reveals wireless plan

China’s leading fixed line carrier, China Telecom, has revealed that it will pay a total of $16.1bn to acquire the CDMA network of mobile operator China Unicom. The deal is part of the Chinese government’s restructuring plan for the country’s telecoms sector, announced in May. China Telecom will pay Rmb66.2bn to acquire the CDMA network […]

China Telecom in $4bn CDMA expansion

    Chinese carrier China Telecom, which as part of recent restructuring moves in the nation’s communications sector is assuming control of China Unicom’s CDMA network, has announced an expansion tender worth US$4bn.  The firm has indicated that the money will be spent expanding the mobile network – China’s smallest – to rural areas, rather than being […]

Moto reaches new heights

British mountain climber Rod Baber set a world record by making a mobile phone call from the summit of Mount Everest on Monday. Baber made two calls from the mountain’s north ridge using his Motorola RIZR Z8 in the early hours of Monday morning. The summit is about 8,848 metres up and has temperatures of […]

Chinese ops call truce

As perhaps another precursor to China’s licensing of 3G, the country’s two fixed line operators have reportedly signed a ‘no competition’ agreement. The agreement, signed by China Telecom and China Netcom, will reduce the duplication of infrastructure and overlapping state resources. China Telecom, the larger of the two companies, operates a fixed line network in […]

China Telecom in investor talks

China Telecom, the country’s largest fixed line carrier, is understood to be in talks with five foreign telecoms operators interested in taking a stake in the company. Although overseas investors are only allowed to take minority stakes in Chinese firms, many foreign operators see a local partnership as the only way of cracking the lucrative […]

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