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Stock Market & Financial Investment News

News Breaks
July 11, 2014
07:16 EDTCHL, CHA, CHUChinese telcos confirm establishment of tower facilities joint venture
China Telecom (CHA) announced that the company, China United Network Communications (CHU) and China Mobile (CHL) entered into a promoters’ agreement to jointly establish China Communications Facilities Services Corporation Limited. The registered share capital of the tower venture is RMB10B. The three companies intend to subscribe for 2.99B shares, 3.01B shares and 4.00B shares of the tower company respectively in cash at a par value of RMB1.00 per share, representing a shareholding percentage of 29.9%, 30.1% and 40.0%, respectively. The tower venture company will primarily engage in the construction, maintenance and operation of telecommunications towers, and will also engage in the construction, maintenance and operation of ancillary facilities such as control rooms, power supply systems and air conditioning systems of base stations, etc and indoor distribution systems as well as the provision of outsourcing maintenance services for base station equipment. At present, the respective parties are at a preliminary stage of considering potential injections of certain telecommunications assets into the tower company, China Telecom stated.
News For CHA;CHL;CHU From The Last 14 Days
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March 27, 2015
07:09 EDTCHLChina Mobile to resell enterprise licenses for BlackBerry
BlackBerry (BBRY) announced that China Mobile Hong Kong, or CMHK, the wholly owned subsidiary of China Mobile (CHL), will offer Enhanced SIM-Based Licensing, or ESBL, by BlackBerry to its enterprise customers. With the new ESBL offering, CMHK enterprise customers can get BES12, a cross-platform EMM solution by BlackBerry, integrated with their wireless monthly subscriber billing. The ESBL offering in conjunction with BES12 will support iOS, Android, Windows Phone and BlackBerry 10. The offering will enable CMHK to resell to its enterprise customers licenses for BlackBerry EMM services as a bundled offer along with airtime and a data plan. ESBL enables CMHK to offer enterprise customers granular monthly billing, and the ability to consolidate all users to one monthly billing date. This helps CMHK facilitate how customers pay for BlackBerry EMM services, which can quickly and easily be selected at the carrier point of sale. ESBL will also integrate with CMHK's existing carrier provisioning systems, helping to identify a customer's existing licensing status as well as upsell opportunities. The ESBL offering will provide enterprise customers an improved purchasing experience, meaning they can consolidate operational costs into one monthly invoice. The license migration process is eliminated, since ESBL licensing includes version upgrades and updates. Enterprises with BYOD policies will also have the opportunity to purchase Bring Your Own Licenses with ESBL.
March 23, 2015
10:32 EDTCHLApple positioned to reach $1 trillion market cap, Cantor says
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March 20, 2015
06:24 EDTCHA, CHL, CHUChina Mobile capex outlook negative for Xilinx, Altera, says Citigroup
Citigroup says the lower 2015 capital expenditure guidance from China Mobile (CHL) is negative for Xilinx (XLNX) and Altera (ALTR) since it offsets the higher spending at China Telecom (CHA) and China Unicom (CHU). Citi sees downside to consensus estimates for both Xilinx and Altera and keeps Neutral ratings on the stocks.
06:09 EDTCHLChina Mobile sees 2015 CapEx budget of $31.9B, DigiTimes reports
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March 18, 2015
12:24 EDTCHAChina Telecom upgraded to Overweight from Equal Weight at Barclays
March 17, 2015
08:03 EDTCHLRadiSys' LTE-TDD small cell solution selected by Nanjing Panda Electronics
Radisys (RSYS) announced that Nanjing Panda Electronics Co., Ltd. has selected Radisys’ TOTALeNodeB LTE small cell software to deploy an LTE-TDD solution for its mobile operator customer, China Mobile (CHL). By leveraging Radisys’ complete, integrated LTE eNodeB product, Nanjing Panda Electronics Co., Ltd. will accelerate its time-to-market to meet China Mobile’s LTE-TDD trial deployments scheduled to begin in Q2 of this year.

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