China’s telcos ask to be relisted on NYSE
Within moments of President Joe Biden’s inauguration, China Mobile, China Telecom, and China Unicom sent in requests for their shares to be reinstated to the New York Stock Exchange.
Within moments of President Joe Biden’s inauguration, China Mobile, China Telecom, and China Unicom sent in requests for their shares to be reinstated to the New York Stock Exchange.
This is just getting silly now. In the space of a few days the New York Stock exchange has reversed its position three times on the matter of listing China Mobile, Telecom and Unicom.
The New York Stock Exchange reversed its decision to delist China Mobile, China Telecom, and China Unicom before it becomes effective.
The New York Stock Exchange has been compelled to delist the stocks of China Mobile, China Telecom and China Unicom.
A new report alleges China has conducted mass surveillance of US mobile phones via China Unicom and proxies in the Caribbean.
China’s telecoms operators are reporting impressive growth in 5G customer additions, but they are not all true 5G users.
Much has been made of Nokia’s apparent exclusion from the Chinese 5G market, but a new deal with China Unicom indicates such reports may have been an exaggeration.
Swedish kit vendor Ericsson is writing-down the value of its Chinese inventory by around a billion krona in Q2 2020.
Whether it’s important, depressing or just entertaining, the telecoms industry is always one which attracts attention.
Chinese kit vendor ZTE has decided now is a good time to announce it has signed a strategic cooperation agreement on 6G with operator China Unicom.
Apparently seeking to demonstrate even greater patriotism than their larger contemporary, the other two Chinese MNOs went big on domestic vendors for their 5G rollout.
Nokia China CEO Markus Borchert has written an open letter to apologise for missing out on a significant chunk of 5G business, as well as a mysterious letter which appeared in the press.
The total recent decline in mobile subscriptions reported by China’s mobile operators totaled 20 million and the ongoing Covid-19 pandemic isn’t the only reason.
All three of the big Chinese mobile operators are reporting significant declines in their subscriber numbers, presumably due to the current exceptional circumstances.
Last week, the GSMA announced an initiative to standardise the edge, with Telefónica, KT, China Unicom and Telstra the first to step up to lead the way.
Nokia is so keen for everyone to know how well it’s doing in China that is it makes an announcement every time it wins some business.
China Unicom has released its financials for 2017 and it is looking like a money making machine again. Revenues were up marginally, profit tripled and free cash flow grew 1628% compared to the previous 12 months.
Dutch telco KPN has cosied up to China Unicom to improve its access to the Chinese IoT market and will return the favour in Europe.
China’s third-largest mobile operator has unveiled the details of its ‘mixed ownership reform’, involving a bunch of new ‘strategic investment’.
Chinese government owned telco China Unicom is about to undertake quite a fundamental change after filing to the Shanghai Stock Exchange unveiled plans to attract more private investment.
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