But the BRI faces challenges, she warned, including the cost of infrastructure. In the next three years, for example, China’s big three mobile companies plan to shell out US$180 billion on super-fast 5G networks. “The…
TECHNOLOGY
Digital QR code ID cards headed to China
China is launching a new type of QR code ID cards for its citizens to use, provided they don’t mind a digital facial scan. This marketplace is known for the success of its mobile payments…
China’s ZTE slams U.S. ban, says company’s survival at risk
HONG KONG (Reuters) – China’s ZTE Corp said on Friday that a U.S. ban on selling parts and software to the company was unfair and threatens its survival, and the mobile phone and telecommunications equipment…
Chinese internet leaders call for ‘core technology’ ownership after US ban on ZTE
“It is the compelling obligation for big companies to compete in core technology,” Ma said during the first Digital China Summit in Fuzhou. “A real company is not determined by its market value or market…
A Closer Look At China Mobile’s Q1 Results, Q2 Outlook
China Mobile, the largest of the three Chinese wireless carriers, published its Q1 2018 results on Friday, April 20, reporting modest growth in its earnings, driven by slightly higher operating margins and an expanding subscriber…
China expected to release first 5G mobile phone in 2019
China’s first 5G mobile phone is expected to be released during the second half of 2019, said Wen Ku, director of the telecom development department at China’s Ministry of Industry and Information Technology. He made…
China Mobile profit rises, 4G subs growth continues
China Mobile, the largest mobile operator in the mainland, reported stable financials and continued growth in its 4G subscriber base during Q1, but LTE ARPU fell nearly 5 per cent. The operator’s net profit for…
China Mobile’s Q1 profit, EBITDA grow 4%
China Mobile reported operating revenue of CNY 185.5 billion for the first quarter of 2018, which represents an increase of 0.8 percent year-on-year. First-quarter EBITDA reached CNY 69.7 billion, up by 3.9 percent year-on-year, while…
China Unicom and Huawei Sign a Joint Innovation Agreement on 5G Network Slicing
[Shenzhen, China, April 23, 2018] China Unicom and Huawei have signed a joint innovation agreement on 5G network slicing. The partners plan to jointly carry out research, demonstration, and application of 5G network slicing, develop…
China Mobile : 1Q profit up 4% to Rmb25.8bn
to equity shareholders for the first quarter of 2018 rose 4.1% year-on-year to Rmb25.8 billion. Operating revenue was Rmb185.5 billion, up 0.8% over the same period last year; of which, revenue from telecommunications services was…
China’s ZTE seeks resolution of U.S. export ban
BEIJING (Reuters) – China’s ZTE (0763.HK) (000063.SZ … compliance and attaches significant importance to the work on export control compliance,” the mobile phone and telecoms company said in a statement to the Hong Kong stock…
Lazard Asset Management LLC Decreased China Mobile (CHL) Stake
China Mobile Limited (CHL) is analyzed based on price earnings (P/E) ratio. Northwestern Mutual Wealth Management Co. now owns 16,543 shares of the Wireless communications provider’s stock valued at $836,000 after acquiring an additional 1,177…
China Mobile (CHL) Shareholder Lazard Asset Management LLC Decreased Stake
HD’s profit will be $2.40B for 21.02 P/E if the $2.08 EPS becomes a reality. After having $0.31 EPS previously, GrubHub Inc.’s analysts see -12.90% EPS growth. Given that liquidity is king in short-term, CHL…
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