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Searching for "telecom restructuring"
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VR Home Interior Design Platform Kujiale Completes USD 100 Mln Series D
Jiemian, 3/09/18
Hangzhou-based Qunhe Information Technology, operator of O2O home decoration platform Kujiale, recently announced completion of USD 100 mln in Series D funding led by Shunwei Capital Partners with participation by Pavilion Capital, managed by Singaporean investment company Temasek Holdings, and prior-round investors including IDG Capital Partners, Granite Global Ventures, Yunqi Partners, Hearst Capital, and US-based Linear Venture Corporation. Read More
Rumor: China Unicom to Merge VAS Subsidiaries
Sina Tech, 11/25/10
China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has begun to restructure four wireless value-added service (WVAS) subsidiaries - China Unicom Newspace, Unicom Music, Unicom Video, and Unicom Broadband Online - into two new businesses. Read More
SMG Splits Broadcast and Production Entities for SARFT Reforms
21st Century Business Herald, 10/21/09
Chinese media provider Shanghai Media Group (SMG) has announced that, in accordance with broadcast industry restructuring plans laid out by China's State Administration of Radio, Film and Television (SARFT), SMG will split into two entities: Shanghai Radio & TV and Shanghai Oriental Media Group. Read More
China Telecom Orders Satcom Guomai Restructuring
Netease Tech, 10/20/09
Chinese telecommunications provider China Satcom Guomai Communications (600640.SH) has announced that it has been ordered to begin preparations for major asset restructuring by China Telecom (NYSE: CHA; 0728.HK) parent company China Telecommunications Corporation. Read More
Founder H1 2009 PC Sales Volume Up 8.3% YoY
Sina Tech, 9/02/09
Founder Technology Group (600601.SH) president Lan Hua revealed that Founder's PC division shipped 1.62 mln PCs during H1 of this year, up 8.3% YoY, and slightly above the industry average growth of 7.6%. Read More
MIIT Receives State Council Approval to Issue 3G Licenses
MIIT, 12/31/08
At a meeting held earlier today, China's State Council gave approval for the Ministry of Industry and Information Technology (MIIT) to commence work on issuing licenses for 3G mobile telecommunication networks. Read More
UTStarcom May Cut 40% of Staff
Netease Tech, 12/16/08
A source at Chinese network solutions provider UTStarcom (Nasdaq: UTSI) has stated that a recent 15% cut to staff in the Hangzhou area was just a preview of future layoffs after the Chinese New Year that could affect more than 40% of company staff. Read More
China Mobile TD-SCDMA Trial Users Reach 104,000
China Business News, 8/28/08
China Mobile (NYSE: CHL; 0941.HK) president Wang Jianzhou said at China Mobile's mid-year earnings report conference yesterday that China Mobile currently has 104,000 TD-SCDMA trial users, plus an additional 60,000 users from Olympic trials and 11,000 from commercial trials. Read More
Government Working on Telecom Regulations
Shanghai Securities News, 8/27/08
At a conference discussing their business results, senior executives at China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Netcom (NYSE: CN; 0906.HK) have confirmed they have taken part in government discussions over measures designed to address the lack of symmetry among Chinese telecom operators. Read More
China Wireless Expects H1 2008 Loss
Takungpao.com, 7/31/08
Handset manufacturer Yulong Communications' majority shareholder, China Wireless Technologies (2369.HK), has announced that based on current estimates, the company will post a loss for H1 2008. Read More
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