Marbridge Daily

<- February 09, 2011 ->

Featured Articles

China Unicom Expects 2010 Profit to Drop Over 50%

China Unicom IR, 1/28/11

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has announced that based on preliminary estimates, profit attributable to equity holders of the company for the year ended December 31, 2010 will decrease by over 50%.   Read More...

Telecom

Huawei Estimates 2010 Revenue Up 24%

c-fol.net, 1/31/11

Chinese telecom equipment and terminal manufacturer Huawei recently disclosed preliminary estimates for 2010, with revenue expected to reach USD 28 bln (RMB 185 bln), up 24% YoY.   Read More...

Satcom Guomai Estimates RMB 15 Mln Loss in 2010

Shanghai Stock Exchange, 1/29/11

Telecommunication services provider Satcom Guomai (600640.SH), a subsidiary of China Telecommunications Corporation, has released preliminary estimates for 2010, with net losses expected to reach RMB 15 mln.   Read More...

AsiaInfo-Linkage Q4 2010 Profit Up 16%

PR Newswire Asia, 1/31/11

Chinese telecom software solutions and IT security products and services provider AsiaInfo-Linkage (Nasdaq: ASIA) has announced its financial results for Q4 2010.   Read More...

EU Investigation Finds ZTE, Huawei Receive Government Subsidies

Sohu IT, 2/09/11

According to overseas media, the findings of a European Union commission investigation allege that Chinese telecom equipment and terminal manufacturers ZTE (0763.HK; 000063.SZ) and Huawei receive financial subsidies from the Chinese government, including "extremely high" lines of credit from state-owned banks.   Read More...

Huawei, Option Renew Software License Agreement

Option PR, 1/31/11

Chinese telecom equipment and terminal manufacturer Huawei has extended its agreement to license software from Belgium-based modem vendor Option, with Option receiving EUR 11 mln in payment.   Read More...

AsiaInfo-Linkage to Repurchase USD 60 Mln in Shares

PR Newswire Asia, 1/31/11

Chinese telecom software solutions and IT security products and services provider AsiaInfo-Linkage (Nasdaq: ASIA) has announced that the company's board of directors has authorized a new stock repurchase program to repurchase up to USD 60 mln in aggregate value of outstanding common stock.   Read More...

Hotgate to Acquire Shanghai Prepaid Gift Card Issuer

PR Newswire Asia, 2/01/11

Hong Kong-based ICT application provider Hotgate Technology (OTCBB: HTGT) has announced its wholly-owned subsidiary REDtone (Shanghai-based Hongsheng Net Telecommunications Co., Ltd.) has signed a term sheet to acquire the entire paid-up share capital of Shanghai-based prepaid shopping card issuer QianYue Business Administration (QBA) for a cash consideration of RMB 7.9 mln.   Read More...

 
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