China has told its six telecommunications companies to merge their assets, allowing fixed-line carriers to expand into wireless services and creating three operators that will offer phone and Internet connections to 1.3 billion people. Under the plan, the parent of China Telecom will buy a mobile phone network from the parent of China Unicom, which in turn will merge with the company that controls the China Netcom Group, the Ministry of Industry and Information said in a statement on Saturday. China will issue three third-generation wireless licenses after the overhaul is completed, it said…
Tag: phone services
The parent of China Mobile (0941.HK: Quote, Profile, Research), the country’s top wireless operator, have started commercial trials of a homegrown third-generation wireless standard, TD-SCDMA, in eight cities on April 1, state media said recently. Shares in several Hong Kong-listed equipment vendors, including China Communications Services Corp Ltd (0552.HK: Quote, Profile, Research) and China Wireless Technologies Ltd (2369.HK: Quote, Profile, Research), rose on Friday, as investors anticipate heavy spending on telecoms gear.
The commercial trials will help to improve TD-SCDMA technology, as well as provide better mobile services during the Beijing Olympics, according to Xinhua News agency […]
China’s Internet consumption hit 398.8 billion yuan (53.89 billion U.S. dollars) last year and is expected to reach 581.5 billion yuan in 2008, up 45.8 percent, according to a survey released recently. The ‘Netguide 2008‘ survey, which provides a wrap-up of China’s2007 cyber world, polled more than 300 web sites and about 200 enterprises, with 50,786 interviewees around the country […]
Shanghai leads all Chinese cities for fast computer connections – half of the city’s families subscribe to broadband, according to a recent report released by China Telecom. Shanghai’s broadband subscriber base has passed three million already, 15 times up from 2002, according to Shanghai Telecom, the city’s largest fixed-line phone operator. About 85 percent of Shanghai Telecom’s broadband users are accessing the Internet at more than two MBPS (megabits per second) […]
A range of new payment services through mobile phones has put a virtual withdrawal machine in consumers’ hands, enabling 8 million mobile users in China to pay bills, buy insurance or book tickets. Jointly launched among China UnionPay, commercial banks and the service operators, users had their mobile phone numbers joined with that of their bank accounts, allowing them to fulfill payment for various services, like their gas fee and air ticket booking.