Chinese wireless giant China Mobile (CHL) is reportedly planning to spend more on 3G terminal subsidies in 2010. The company has tripled the amount of subsidies from the current year level and is expected to spend up to RMB30 billion (US$4.4 billion) next year. This move will enable the company to better compete with its Chinese peers in the domestic 3G space. China Mobile remains the leading player in the Chinese wireless market with 70% market share and more than 500 million subscribers. However, the company’s share of the new subscribers has dropped recently due to stiff competition from China Unicom (CHU) and the relatively new wireless player China Telecom (CHA) as they both operate internationally acclaimed 3G standard based networks. Leveraging its home-grown TD-SCDMA 3G standard, China Mobile launched its 3G network in early 2009, already covering 38 Chinese cities. The company currently ...

China Telecom (CHA), the largest Chinese fixed-line operator, has successfully tested Alcatel-Lucent’s (ALU) multi-carrier EV-DO (a 3G technology) wireless network based on the Revision B (Rev B) standard. The Chinese operator’s subsidiary Shanghai Telecom has reportedly installed the multi-carrier EV-DO solution, which significantly enhances network throughput and reduces data latency (using multiple carriers) to meet increasing customer demand for high-bandwidth applications.   The multi-carrier EV-DO Rev B network, which represents an upgrade from EV-DO Rev A, has demonstrated highly encouraging throughput levels in the lab test with peak download speeds reaching up to 9.3 megabits per second (Mbps). This will effectively enhance customer experience who subscribe to high-bandwidth wireless services including Voice-over-Internet Protocol (VoIP), high definition video streaming and other multimedia applications.    Leveraging Alcatel-Lucent’s network infrastructure support, Shanghai Telecom became the first Chinese carrier to commercially launch a CDMA EV-DO network in China in March ...

The U.S. smart-phone market is growing at a rapid pace despite the ongoing global economic slowdown. A recent analysis by CTIA Wireless has revealed that the country’s wireless service providers have generated a massive $19.4 billion of data revenues from smart-phone users during the first half of 2009. This is an improvement of 31% year over year. This is primarily due to a shift in consumer preference towards feature-enhanced high-end PDA devices from ordinary mobile handsets used primarily for voice telephony. The PDA market size is likely to approach $200 billion by 2012, according to various industry sources.   This grand opportunity provides massive scope for telecom service providers, equipment manufacturers, chipset developers, and wireless tower operators to retain new users and grow revenues moving forward. According to the CTIA Wireless report, at present, the U.S. has more than 246 million data capable devices with 40 million smart-phones or ...

China Mobile (CHL) is reportedly setting up a joint-venture with MediaTek Inc, Taiwan ’s leading handset chip manufacturer, to design and develop key components for its 3G handsets. The Chinese wireless giant is expected to have 70% stake in the joint-venture with MediaTek holding the rest. MediaTek is currently the world’s seventh largest chip maker and has significant presence in the Chinese handset market. Upon the partnership materializing, MediaTek will be a major chip supplier for China Mobile’s home-grown TD-SCDMA technology based 3G wireless handsets. This will facilitate China Mobile to secure customized chips for its proprietary 3G smartphone models (called Ophones). The companies have reportedly entered into an agreement in late August 2009 to jointly develop 3G TD-SCDMA technology. China Mobile is increasingly focused on exploring opportunities for technology collaboration with world’s leading handset and chip manufacturers. The company has recently entered into a ...

China Mobile (CHL) has reportedly launched its self-developed smartphone operating system platform today, known as the Open Mobile System (OMS). The Chinese wireless giant has also launched a line of handset models (called Ophones) based on its home-grown TD-SCDMA 3G wireless technology. OMS is being developed by China Mobile leveraging Google’s (GOOG) open-source Android mobile operating system. This new software plaform is expected to drive the development of TD-SCDMA technology based cellular handsets. Ophones, which operate on the OMS plaform, represents China Mobile’s response to the emerging threat from Apple Inc’s (AAPL) iPhones. The company’s biggest rival, China Unicom (CHU), has reportedly sealed a three-year agreement with Apple to exclusively market the iPhone 3G in China through subsidized price plans. This has placed China Unicom in a strong position to drive its 3G subscriber count. In order to facilitate the development and ...

The Indian government opened the bid for the upcoming 3G spectrum (radio bandwidth) auction in the country. The floor price for the 3G auction is set at INR35 billion (US$716 million) per operator, which may yield more than INR 250 billion (US$5 billion) from the spectrum sale. Additionally, the government also set INR17.5 billion (US$360 million) as the bid for the WiMAX (a high-speed mobile technology) spectrum auction.   The impending spectrum auction, which was initially scheduled to take place in late 2008, was delayed due to disputes between the government and the telecom regulator regarding the spectrum pricing structure. In order to expedite the 3G license auction process, the country’s telecom department finally decided to increase the starting bid from the initially set price of INR20.2 billion (US$415 million).   India’s telecom department is planning to issue four 3G and three WiMAX spectrum slots nationwide. The auction process ...

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Wednesday August 26, 2009

PennyOmega.com Stock Report!

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Bio-Matrix Scientific Group, Inc. (OTCBB: BMSN) and Its majority owned subsidiary Entest BioMedical Inc. (OTCBB: ENTB) announced today they have finalized a definitive agreement with Therinject LLC for the development of a new immuno-therapeutic cancer vaccine. Therinject LLC is engaged in the development of cancer treatments utilizing immunology based approaches.

Openwave Systems Inc. (Nasdaq:OPWV), one of the world’s leading software innovators offering a mediation platform and tools to mobilize the Internet, today announced the appointment of Heikki Makijarvi as vice president of business development, effective August 17. Makijarvi brings more than 25 years of experience in the telecommunications and networking

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DrStockPick.com Stock Report!

Wednesday August 26, 2009

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Bio-Matrix Scientific Group, Inc. (OTCBB: BMSN) and Its majority owned subsidiary Entest BioMedical Inc. (OTCBB: ENTB) announced today they have finalized a definitive agreement with Therinject LLC for the development of a new immuno-therapeutic cancer vaccine. Therinject LLC is engaged in the development of cancer treatments utilizing immunology based approaches.

Openwave Systems Inc. (Nasdaq:OPWV), one of the world’s leading software innovators offering a mediation platform and tools to mobilize the Internet, today announced the appointment of Heikki Makijarvi as vice president of business development, effective August 17. Makijarvi brings more than 25 years of experience in the telecommunications and networking industry with

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For Immediate Release

Chicago, IL – August 25, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: China Mobile (CHL), Microsoft (MSFT), Chunghwa Telecom (CHT), Apple Inc. (AAPL) and China Unicom (CHU).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Monday’s Analyst Blog:

China Mobile Goes for “Ophones"

China Mobile (CHL) has reportedly entered into a strategic agreement with Taiwan-based High Tech Computer Corp (commonly known as HTC) today to jointly develop 3G smartphones in China. The joint-venture will design and develop handset models (called "Ophones") based on China Mobile’s

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Regional telecom operator Centennial Communications (CYCL) reported fiscal fourth-quarter earnings per share of $0.33 yesterday, outpacing the Zacks Consensus Estimate of $0.14.   Revenues for the fourth quarter were $268.1 million, up 1% year over year, which was short of the Zacks Consensus Estimate of $272 million. Net income for the quarter came in at $37.1 million, compared to a net income of $12.9 million in the corresponding quarter of fiscal 2008.   Revenues for the full-year of fiscal 2009 (ended May 31, 2009) exceeded the Zacks Consensus Estimate reaching $1.1 billion, up 5% year over year. Net income for the year was $67.1 million or $0.60 per share versus $25.1 million or $0.22 per share reported in fiscal 2008, beating the Zacks Consensus Estimate.    At the end of fiscal 2009, Centennial had 1,078,200 total mobile subscribers (overall retail penetration of 8.3%), down from 1,092,600 ...