Marbridge Daily

<- August 25, 2009 ->


China Unicom Accelerates FTTx Development

Netease Tech, 8/25/09

A source from China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has revealed that the company is investing over RMB 10 bln to expedite nationwide broadband upgrades, hastening development on FTTx projects, to bring 2Mbps speeds to over 80% of broadband users, with users in some cities enjoying speeds of 4Mbps or higher.   Read More...

Harbin Unicom Offers Free 4 Mbps Broadband Trial, 8/25/09

China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) Harbin branch will offer a free trial of 4 Mbps broadband services targeting former or new subscribers to its year-long broadband package, as well as prepaid broadband users.   Read More...

Telecom Operators to Invest RMB 28 bln in Shenzhen

Shenzhen Special Zone Daily, 8/2509

The Shenzhen municipal government has signed a strategic partnership agreement with the Guangdong provincial subsidiaries of China Telecom (NYSE: CHA; 0728.HK), China Mobile (NYSE: CHL; 0941.HK), and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) that will see the three operators invest a total of RMB 28 bln over the next five years to aid in the informatization of Shenzhen.   Read More...

CEC CoreCast Records H1 2009 Loss of RMB 13 Mln

Shanghai Stock Exchange, 8/25/09

Radio and telecommunications network equipment vendor, computer systems integrator and distributor, and IC card manufacturer CEC CoreCast (600764.SH) has announced its unaudited financial results for the first half of 2009, with operating revenue down 49.7% YoY from RMB 1.04 bln to reach RMB 525.14 mln.   Read More...

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