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China Telecom Corp, China's top fixed-line phone company, said its quarterly profit fell 48 percent as users of its core fixed-line services continued to migrate to mobile services. China Telecom is also facing intense competition from rival full-service carriers China Unicom and China Mobile , the...
* Q3 net up 2.8 pct at 28.6 bln yuan vs 29.2 bln consensus * 9-mth EBITDA margin steady at 51.3 pct vs 51.6 pct in H1 * 9-mth ARPU flat at 75 yuan/month * Shares down 0.7 pct ahead of results; underperform in Q3China Mobile (0941.HK), the world's largest mobile carrier, faces little profit growth in...
Global IT and telecom spending will return to growth 3.3% next year, says Gartner, after what it calls "the worst year ever" in 2009. But the research firm says it will take until 2012 until it recovers to 2008 levels. Worldwide telecom spending, which is likely to shrink 4% in ...
Chinese search engine Baidu Inc said yesterday that it has signed a partnership with China Unicom to provide wireless search for the carrier's 3G mobile subscribers, in a move to fend off Google Inc's increasing presence in the world's largest mobile population. Baidu will preinstall its servic...
Analyst firm Ovum reckons that hopes of WiMAX gaining large-scale adoption in emerging markets won't be borne out. Although two-thirds of the world's WiMAX networks are in emerging markets, Ovum reckons they have only attracted one tenth - or even as little as one hundredth - of the subscribers ...