China's Ministry of Industry and Information Technology (MIIT) has released statistics indicating that as of February, China had a total of 16.06 mln 3G subscribers, with 1.52 mln new subscribers added over the course of the month. Read More...
Sina Tech, 3/29/10
Australian telecom operator Telstra reportedly plans to bid USD 200 mln to acquire Chinese mobile advertising service provider Lmobile, formerly Focus Wireless, over the course of three years, subject to a valuation adjustment mechanism (VAM). Read More...
Communications World Weekly, 3/29/10
Sun Shaoling, deputy director of the enterprise support laboratory at China Mobile's (NYSE: CHL; 0941.HK) Research Institute (CMRI), recently announced that China Mobile will officially release version 1.0 of its BigCloud ("Da Yun") cloud computing service by the end of May. Read More...
Sohu IT, 3/29/10
Chinese member-based direct sales platform YesMy has announced that it received its first round of funding from Doll Capital Management (DCM) in March. Read More...
Marbridge Consulting, 3/29/10
Former NBA China Digital Media Director Andy Lee has left the company to join social game developer Watercooler, where he will serve as Managing Director of Asia and lead the establishment of Watercooler's new international offices in Beijing. Read More...
Foreign media have reported that Taiwanese semiconductor maker TSMC (2330.TW) has submitted its application to take a 10% stake in Chinese semiconductor manufacturer Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK) to Taiwanese authorities. Read More...
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