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China Mobile Outlines 4G Plan – Analyst Blog

Zacks Market Commentaries (November 20th, 2009) Writes:

China Mobile (CHL), the world’s largest wireless carrier by subscriber, has revealed its plan to commence the trial run of its 4G network during World Expo 2010 to be held in Shanghai from May 1 to Oct 31, 2010. The company’s 4G service is based on the TD-LTE (Time Division Duplex Long Term Evolution) mobile broadband technology. Roughly 200 participants and 70 million visitors are expected to assemble at the Expo.   China Mobile has recently selected Alcatel-Lucent (ALU) for the responsibilities of design, construction, installation and integration of communication infrastructure to facilitate the 4G network trial. The TD-LTE network will provide advanced wireless services (including high-definition TV and ultra-fast broadband Internet access) to the visitors at the exposition.   The three major Chinese telecom operators China Mobile, China Unicom (CHU) and China Telecom (CHA) are investing heavily in Shanghai to improve the city’s network

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China Mobile Boosting 3G – Analyst Blog

Zacks Market Commentaries (October 16th, 2009) Writes:
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 ...

DrStockPick.com Stock Report! 10/16/09, CVAT, APSG, OWVI, GNBT, CHGI, ZOOMD

Dr. Stock Pick (October 16th, 2009) Writes:

Dr Stock Pick HOT News & Alerts!

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Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT) has signed Miura Engineering Co., Ltd. Tokyo, Japan (www.miura21.co.jp) as its new agent to serve markets in Japan for CTI’s Nano-Cavitation Process Systems. Miura is a leading Engineering Company specialized in Edible Oil Processing Plants in the Far East.

Applied Signal Technology, Inc. (NASDAQ:APSG), a market leader in advanced intelligence, surveillance, and reconnaissance (ISR) solutions, today announced that it will showcase an extensive collection of next-generation, tactical

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CHA Tests Upgraded EV-DO Network – Analyst Blog

Zacks Market Commentaries (October 13th, 2009) Writes:
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 ...

China Unicom Launching 3G Service – Analyst Blog

Zacks Market Commentaries (September 30th, 2009) Writes:
Second-largest Chinese wireless carrier China Unicom (CHU) will officially launch commercial 3G wireless services on Oct 1, 2009 across 285 Chinese cities. This coincides with the company's launch date of Apple Inc.'s (AAPL) iPhone in mainland China. China Unicom initially announced that it will commence commercial 3G service roll out on Sep 28, 2009.

China Unicom launched commercial trials of its WCDMA technology-based 3G services in 56 cities (including Beijing and Shanghai ) in May 2009 and subsequently extended that to 44 more cities. The company also initiated commercial 3G trials in 168 more Chinese cities in August 2009.

To facilitate the deployment of its 3G WCDMA network, China Unicom has collaborated with Ericsson (ERIC) under a $700 million deal. The company has also announced that it will adopt a uniform 3G tariff package in an effort to reduce prices for its 3G customers. Moreover, China Unicom will

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CHU Fixes iPhone Launch Date – Analyst Blog

Zacks Market Commentaries (September 29th, 2009) Writes:
China Unicom (CHU) has announced the launch date of iPhone in mainland China yesterday. The second-largest Chinese wireless carrier will unveil the popular smartphone on Oct. 1, 2009. Additionally, the company will launch 80 different types of handsets in October 2009 that will run on its 3G wireless network. China Unicom has set a retail price tag of approximately RMB5,000 ($732.50) per handset and will offer eight service packages, ranging from RMB126 ($18.5) to RMB 886 ($130) per month. Subscribers signing to long-term service plans will get subsidies of around RMB893 ($131) to RMB4,253 ($623). iPhone will be available in 8GB (gigabyte), 16GB, and 32GB versions. Along with its interim 2009 earnings release in late August, China Unicom announced a three-year agreement with Apple Inc (AAPL) to launch the iPhone in China. However, the distribution deal is not exclusive, thus opening the path for ...

Unicom to Roll Out 3G Services – Analyst Blog

Zacks Market Commentaries (September 16th, 2009) Writes:
China Unicom (CHU), the second largest wireless service provider in China, will offically commence the commercial roll-out of its 3G wireless services on Sept. 28, 2009 across 285 cities in China. The company will also offer nine 3G bundled service packages with monthly price ranging from RMB 98 ($14.34) to RMB 886 ($129.68). Following the overhaul of the Chinese telecom industry, the Chinese government issued three 3G licenses in early 2009 with China Unicom being awarded the license for WCDMA, a widely adopted 3G technology with approximately 70% share of worldwide 3G subscribers. China Unicom launched commercial trials of its 3G services in 56 cities (including Beijing and Shanghai) in May 2009 and subsequently extended that to 44 more cities. The company also initiated commercial 3G trials in 168 more Chinese cities in August 2009. China Unicom has already amassed 350,000 3G users across its network ...

Universal Travel Group (UTA) Provides Update on Chinese Expansion

QualityStocks (September 4th, 2009) Writes:

Universal Travel Group is a growing travel services provider in China. The company provides services such as: hotel reservations, airline bookings, and packaged tours via the internet and through customer service representatives.

The company announced today the successful achievement of new milestones with regard to its Chongqing expansion strategy. Universal Travel also announced that it has formed a strategic partnership with China Telecom to rollout an additional 100 TRIPEASY kiosks equipped with China Telecom’s 3G services in the third quarter.

In Chongqing (a large city in western China), the company has formed partnerships with 50 travel agencies to expand its regional coverage and market share. It has also placed 30 of its revolutionary TRIPEASY kiosks throughout Chongqing in apartment and residential communities to support its retail effort and marketing strategy.

Universal Travel has also formed a strategic partnership with China Telecom, the 2nd largest telecom company in China, to upgrade the company’s TRIPEASY

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CHU Reports, Seals iPhone Deal – Analyst Blog

Zacks Market Commentaries (August 31st, 2009) Writes:
China Unicom (CHU) has announced interim 2009 results with reported net income of RMB6.6 billion (US$970 billion) or RMB0.28 per share, down 42.1% compared to RMB12.1 billion (US$1.8 billion) or RMB0.51 per share reported in the corresponding period a year-ago. This significant year-over-year decline in profitability is due to erosion in fixed-line revenue, higher marketing and capital expenditures associated with deployment and expansion of 3G wireless services, and intense domestic competition. Capital spending for expansion of its 3G network grew 17.1% year over year to RMB10.1 billion (US$1.5 billion) during the first-half of 2009 while associated marketing expenses increased 6.6% to RMB9.7 billion (US$1.4 billion). China Unicom contends with an increasingly competitive domestic wireless market. The second-largest Chinese wireless carrier remains significantly challenged by the aggressive nationwide 3G service roll-out plans of its peers China Mobile (CHL) and China Telecom (CHA). Consolidated revenue ...

Higher Costs Hurt China Telecom – Analyst Blog

Zacks Market Commentaries (August 27th, 2009) Writes:
China Telecom (CHA) announced interim 2009 results today with net income of RMB8.4 billion ($1.2 billion), or RMB0.10 per share, down 27.5% compared to RMB11.6 billion ($1.7 billion), or RMB0.14 per share, reported in the corresponding period a year ago.

This annualized drop in profit is primarily attributable to higher marketing expenses associated with the deployment of the company’s 3G wireless services and persistent decline in legacy landline business. China Telecom reported a 24% year-over-year rise in operating expenses for the period, largely due to an annualized increase of 60% in SG&A costs (including mobile handset subsidies).

The largest Chinese fixed-line operator reported revenue of RMB102.6 billion ($15 billion) for the period, up 14.8% year over year, driven by healthy contribution from its wireless segment which offset the fall in fixed-line business. EBITDA shrank 2.1% year over year to RMB43.3 billion ($6.3 billion) with EBITDA margin equating to

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