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Stock Market & Financial Investment News

News Breaks
June 30, 2014
06:52 EDTCHL, CHU, CHAChina Mobile's competition to intensify, China Daily says
A decision by China to enable two of China Mobile's (CHL) rivals to test a joint 4G network in 16 cities will help the competitors challenge China Mobile, China Daily reported on Saturday. The two competitors are China Telecom (CHA) and China Unicom (CHU), the newspaper stated. Reference Link
News For CHL;CHA;CHU From The Last 14 Days
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May 20, 2015
08:43 EDTCHA, CHUNomura to hold a conference
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May 11, 2015
13:17 EDTCHA, CHLMicrosoft invests in subsea cables to connect datacenters globally
Microsoft (MSFT) announced in a blog post that over the past nine months, "Microsoft has been significantly investing in subsea and terrestrial dark fiber capacity by engaging in fiber partnerships that span multiple oceans and continents. And today, our connections across the Atlantic and Pacific just got stronger.We announced deals with Hibernia and Aqua Comms, in which Microsoft is investing in a cable with each company to connect Microsoft’s datacenter infrastructure from North America to Ireland and on to the United Kingdom. These cables will help deliver data at higher speeds, with higher capacity and lower latency for our customers across the globe. Additionally, we joined a consortium comprised of China Mobile (CHL), China Telecom (CHA), China Unicom (CHU), Chunghwa Telecom (CHT), KT Corporation (KT) with TE SubCom as the cable supplier. As part of our participation in the consortium, Microsoft will invest in its first physical landing station in the US connecting North America to Asia. The New Cross Pacific Cable Network will provide faster data connections for customers, aid Microsoft in competing on cloud costs, all while creating jobs and spurring local economies. The goal of our expansions and investments in subsea cables is so our customers have the greatest access to scale and highly available data, anywhere." Reference Link

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