Market Wired — NEW YORK, NY: China Telecom, India’s Infosys and South Korea’s Samsung Electronics Co.are among the top-ranked companies in Institutional Investor’s inaugural ranking of Asia’s Best Analyst Days. To be successful, an analyst day — or capital markets day, as the events are sometimes called — must provide an opportunity for portfolio managers and sell-side researchers to get to know the executive teams of the companies they cover, learn about their short- and long-term objectives, gain a greater understanding of the business dynamics, and have their questions answered promptly and thoroughly.
MIS-ASIA — With bottles of bubbly and a purification ceremony, a Google-backed undersea cable was given a warm welcome on a beach in Japan last week, a critical step in building the highest capacity data link in the Pacific ever created. The 9,000-kilometer FASTER cable will have a peak capacity of 60 terabytes per second (Tbps) when it enters operation next year, joining Japan with Oregon on the West Coast of the U.S.
China Telecom will procure 970,000 PON (passive optical network) OLT (optical line terminal) devices and 3.57 million PON terminal devices in 2015, according to the company. China Telecom has been expanding its FTTx networks around China, covering 180 million household users in total. China Telecom expects the number of FTTx subscribers to increase to 60 million at the end of 2015.
A total of fourteen Chinese brands made their names to the global top 100 brands ranking listed by marketing and brand consultancy Millward Brown with technology the fastest growing category. China now has three technology brands in the top 100, with Tencent and Baidu increasing their brand value by 43 percent and 35 percent from a year ago respectively, faster than global average of 14 percent.
China Unicom and handset vendor Xiaolijiao have jointly launched an ultra-low priced 4G smartphone, the Honglajiao, in China, which is likely to trigger a new round of price-cut competition for 4G models in the market, according to sources in Taiwan’s handset supply chain. The Honglajiao, which is built on Marvell’s Armada mobile PXA1908 platform featuring a 5-inch HD display and supporting 4G/TD-LTE, FDD-LTE, 3G/WCDMA and 2G/GSM technologies, is available at only CNY399 (US$64).
China Mobile, China United Network Communications and China Telecom will invest CNY1.1 trillion (US$177 billion) to expand fixed-line and mobile telecom infrastructure in China during 2015-2017, according to China’s Ministry of Industry and Information Technology (MIIT). CNY430 billion will be invested in 2015 to add 80 million FTTx users and expand 4G networks to more than 1.3 million base stations in total to cover all cities of varying sizes, MIIT said.
The big data era has arrived and it is causing big changes to the playing field for enterprises, with China’s telecom operators having begun construction of big data systems and applications in a bid to fully explore the value of information assets and generate new profit points, People’s Posts and Telecommunications News (PPTN) reports. In general, telecom operators’ applications on big data can be separated into internal applications and external.
China Unicom will establish a joint venture with Telefonica, a leading Spanish multinational telecom company. According to China Unicom, the preparation team has been formed and the joint venture will soon be launched. Under the agreement signed by the two parties, the joint venture will have total capital of CNY100 million, including CNY60 million from China Unicom and CNY40 million from Telefonica.
Anite, a global leader in wireless equipment testing technology, today announced that China Telecom has selected Anite’s interoperability and performance test solution – SAS – for LTE data throughput testing. China Telecom will use the solution as a key part of its LTE device acceptance programme. SAS supports the China Telecom approved test plan which consists of two LTE data throughput packages totalling over 200 scripts.
China Mobile, China Unicom and China Telecom published their performance for the first quarter of 2015 and all of them reported a net profit decline during the period. China Mobile said that the company’s operating revenue in the first quarter of 2015 was CNY160.9 billion, a year-on-year increase of 3.9%; while its net profit was CNY23.83 billion, a year-on-year decrease of 5.6%. China Mobile’s net profit reportedly declined for seven consecutive quarters. China Unicom’s operating revenue during the reporting period was CNY60.25 billion, a year-on-year decrease of 5.6%; and its net profit was CNY3.16 billion, a year-on-year decrease of 4.2%. China Telecom’s operating revenue was CNY81.453 billion, a year-on-year decrease of 2.1%; and its net profit was CNY5.046 billion, a year-on-year decrease of 9%.
4G users in the world’s second largest economy continued to surge and charges for the telecom service are expected to fall in the future, official data showed on Tuesday. 4G clients in China added about 60 million in the first quarter, including 23.88 million in March, to 162 million, according to statistics from the Ministry of Industry and Information Technology (MIIT). Wen Ku, an MIIT official in charge of telecommunications, expects the country’s total 4G users to reach 250 million by the end of the year.
Gemalto has announced that China Telecom has selected its UpTeq Multi-tenant NFC SIMs to deploy secure NFC transport services in China’s two largest cities – Shanghai and Beijing. China Telecom is a leading operator in the country with more than 183 million subscribers. According to the digital security services provider, this deployment will enable up to 45 million daily commuters to ride their metros and pay for their everyday purchases with a simple tap of their smartphones.
Everybody in China has a mobile phone these days: that’s an exaggeration, but not as much of one as you might think. According to the latest numbers from China’s Ministry of Industry and Information Technology (MIIT), China has reached 1.29 billion total mobile users. Given that the Middle Kingdom has an estimated population of under 1.4 billion, that means that well over 90 percent of the population has joined the mobile revolution.
China’s Ministry of Industry and Information Technology (MIIT) on February 27 announced the release of FDD-LTE licenses to China Telecom and China Unicom. MIIT released TD-LTE licenses to China Mobile, China Telecom and China Unicom in December 2013 and approved experimental TD-LTE/FDD-LTE convergence network test by China Telecom and China Unicom in main cities around China in June 2014.
CHINA plans to issue a second batch of 4G licenses nationwide this week to boost 4G development and heat up competition among the three telecommunications carriers, industry officials said yesterday. The FDD-LTE licenses will be issued to China Unicom and China Telecom on Thursday, Zou Xueyong, secretary-general of the China Virtual Network Operator Alliance, said on his Sina Weibo account. The telecom carriers declined to comment on the issue yesterday.
With China’s Internet growth slowing, the country is opening up the broadband provider market to private enterprises as part of government sponsored trial. The country on Wednesday released a draft of the upcoming trial rules, which will let private enterprises sell broadband services in 16 cities across the country. China’s Ministry of Industry and Information Technology didn’t mention when the project would begin, but is proposing it last for three years.
VMware has signed a strategic cooperation agreement with China Telecom and will begin to provide VMware hybrid cloud services through China Telecom’s networks starting January 2015, according to company vice president and president of Greater China, David Sung. Demand for hybrid cloud services will begin to take off in China with related sales to see explosive growth in 2015, Sung said.
CHINA – China Telecom Corp Ltd and China Unicom Hong Kong Ltd could soon jointly invest in a new content delivery network (CDN) company that would speed up Chinese users’ Internet access, a Chinese paper reported on Friday. The proposed firm would be run by China Telecom’s cloud computing subsidiary, according to a 21st Century Business Herald report citing an unnamed senior China Telecom employee. Rumours of a CDN joint venture between the country’s second- and third-largest carriers have existed for more than year.
CAMBRIDGE, Mass., Oct. 7, 2014 /PRNewswire/ — Akamai Technologies, Inc. today announced a strategic partnership agreement with China Telecom Corporation Limited’s cloud division, CT Cloud. CT Cloud is one of the largest cloud computing service providers in China, offering quality cloud services to customers. As part of the strategic partnership, CT Cloud has agreed to offer an integrated solution incorporating Akamai’s full suite of industry-leading media delivery, Web performance, and cloud security offerings with its own Cloud services to Chinese businesses looking to grow their global Web presence.
Chinese telecom operator China Telecom published its semi-annual performance for 2014, stating that the company’s operating revenue reached CNY166 billion during the first half of 2014, representing a year-on-year increase of 5.3%. Though its 3G users saw a net increase of 4.13 million, accounting for about 60% of its total users, the company’s mobile users decreased by 5.34 million to 180 million.