22 bidders join Myanmar mobile telephone battle
Vodafone, China Mobile and an investment fund linked to billionaire George Soros are among 22 bidders vying to enter Myanmar, one of the world's last unexplored mobile telephone frontiers.
Vodafone, China Mobile and an investment fund linked to billionaire George Soros are among 22 bidders vying to enter Myanmar, one of the world's last unexplored mobile telephone frontiers.
China Unicom Ltd., the country's second biggest mobile phone company by subscribers, said Thursday that 2012 profit jumped by more than two-thirds as revenue from third-generation mobile services surged despite stiff competition.
China Mobile Ltd., the world's biggest phone carrier by number of subscribers, said Thursday that profit rose just 2.7 percent last year as it grappled with fierce competition and higher costs.
China Mobile is seeking support from Taiwanese chip and handset makers to back the fourth generation high-speed mobile network co-developed by the state-owned Chinese telecom operator.
US security fears over two China telecom firms have spotlighted Western suspicions Chinese companies are state-influenced, a culture clash analysts say could loom larger as the country's businesses look overseas.
The world now has nearly as many cell phone subscriptions as inhabitants.
A US Congressional report that warns two Chinese telecom companies pose a national security risk and should face restrictions in the US market is "groundless", China has said.
(AP) China Telecom Ltd., one of the country's three major state-owned phone carriers, said Wednesday its first-half profit fell 8.3 percent amid intense competition and high technology costs.
The first undersea telecommunications cables linking Taiwanese and mainland Chinese territory have been completed, a company official said Thursday, amid fast warming ties between Taipei and Beijing.
Spanish telecom giant Telefonica said Monday it has completed its sale of a 4.56 percent stake in China Unicom for 1.14 billion euros ($1.4 billion).
China Mobile, the world's biggest mobile operator by subscribers, said Wednesday the company is in talks with Apple to offer the popular iPhone to its users in the Asian nation.
People in China are not only making coveted Apple gadgets, they are snapping them up as the booming nation becomes a top market for the trend-setting California company.
China has said it will aim to bring faster and cheaper Internet access to more people, following complaints that a near monopoly by state-backed firms had hurt service.
(AP) -- Struggling cellphone maker Nokia launched its first smartphone design for China on Wednesday, looking to the world's biggest mobile market to help drive a turnaround.
Telecoms giant China Telecom is launching a mobile virtual network in Britain in partnership with Everything Everywhere, targeting Chinese residents and visitors, the British company said Wednesday.