China Unicom, the country’s second largest mobile operator, issued a positive profit alert, with brisk service revenue growth and lower expenses expected to drive a 155 per cent jump in its net profit for the…
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China Unicom (Hong Kong) Ltd (CHU) Shares Sold by JPMorgan Chase & Co.
JPMorgan Chase & Co. cut its holdings in shares of China Unicom (Hong Kong) Ltd (NYSE:CHU) by 22.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm…
China Mobile: How Did Those Earnings Turn Out?
China Mobile reported 9M 2017 earnings. Expectations were for a slowdown in profitability and elsewhere. China Mobile reported quite the opposite. A couple of days ago, I felt compelled to write an article on China…
China Mobile reports 4.6 percent rise in 9-month net profit
HONG KONG (Reuters) – China Mobile Ltd (0941.HK), the country’s largest telecom service provider, reported a 4.6 percent rise in nine-month net profit on Friday on fast mobile data growth despite an industry-wide rate cut.…
China Mobile’s 4G focus brings growth in revenue, EBITDA and profit
China Mobile Chairman Shang Bing has several reasons to smile after announcing the financial result for the first three months of 2017. China Mobile posted revenue of RMB 569.5 billion or $86.02 billion (+4.9 percent),…
China Mobile Profit Growth Ticks Up on Booming Data Demand
China Mobile Ltd., the world’s largest wireless carrier by subscribers, said Friday its profit growth accelerated in the third quarter as data traffic nearly doubled to more than offset declines in its older voice and…
China Mobile 9-month profit grows 4.6% as data traffic doubles
China Mobile saw its operating revenue reach CNY 569.5 billion for the first nine months of 2017, which represents an increase of 4.9 percent year-on-year. Revenue from telecommunications services amounted to CNY 515.3 billion, up…
Riches and new rules weigh down China Mobile
HONG KONG: Riches and new rules are weighing down on China Mobile. A price war and a cut to roaming fees are hurting margins. But the biggest issue facing the $205 billion behemoth remains a…
China Mobile, Spirent Complete NFVi Automated Performance Test System for 5G C-RAN Project
China Mobile and Spirent Communications have recently successfully completed NFVi automated performance test system developed by Spirent, as part of the first phase of the 5G C-RAN project. In this project, the cloud architecture of…
China Mobile Nine-Month Net Profit Up 4.6% to CNY92.1 Billion
China Mobile Ltd. (0941.HK) said net profit rose 4.6% in the first nine months of the year on strong demand for faster wireless services, despite intensifying competition. Continue Reading Below China Mobile, the nation’s largest…
China Mobile profit grows as 4G subs climb
China Mobile reported positive numbers for the period from January to September, stating it is at a “critical stage of business transformation”. In a statement, it cited “relatively high demand for resources from various fronts,…
China watch setback hits Apple shares
Industry analysts say the suspension likely stemmed from Chinese government security concerns to do with tracking users of the device, which uses different technology than standard mobile phones. China strictly regulates mobile phones and all…
China reveals technology that uses electron beams to treat industrial wastewater
A technology that uses electron beam irradiation to treat industrial wastewater has been revealed by Chinese researchers, ushering in a new era for radiation technology in the world’s rising industrial power. According to the International…
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