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Stock Market & Financial Investment News

News Breaks
January 24, 2014
06:21 EDTCHL, CHAChina Mobile, China Telecom targets 100M & 36M TD-LTE devices, DigiTimes says
China Mobile (CHL) and China Telecom (CHA) aims to sell 100M and 36M TD-LTE terminal devices, respectively, in the 2014 China market, reports DigiTimes. According to industry sources, China Mobile also expects to sell 90M-100M TD-SCDMA devices. Reference Link
News For CHL;CHA From The Last 14 Days
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October 20, 2014
06:26 EDTCHA, CHLEU, China settle telecoms case at Joint Committee
Intensive discussions between the European Commission and the Chinese government were concluded by an amicable settlement on the trade defense investigation into Chinese telecoms. The Commission took the official decision that it no longer considers it necessary to pursue this investigation. Regarding telecoms, the main points of the settlement include tasking an independent body with the monitoring of the Chinese and EU telecoms networks markets, guaranteeing access to the relevant Chinese standard setting body for European companies without discrimination, equal treatment of companies bidding for publically funded research and development projects and the EU and China will also advance the work of the International Working Group on Export Credits, whose objective is to adopt sectorial and horizontal disciplines in the field. The talks culminated on October 18 at the EU-China Joint Committee. Some telecom companies in China include China Telecom (CHA), China Unicom (CHU) and China Mobile (CHL). Reference Link
October 10, 2014
10:15 EDTCHLNokia, China Mobile sign framework agreement valued at $970M
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06:59 EDTCHLDeutsche Telekom, China Mobile to launch connected cars platform, Reuters says
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October 8, 2014
05:11 EDTCHAAkamai, China Telecom establish strategic cloud services partnership
Akamai Technologies (AKAM) announced a strategic partnership agreement with China Telecom Corporation (CHA) 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 media delivery, Web performance, and cloud security offerings with its own Cloud services to Chinese businesses looking to grow their global Web presence. In addition, the partnership is designed to enable close cooperation between the two companies in the areas of technology and network access, thus strengthening Akamai's China CDN offering for accelerating content from global customers to Chinese consumers. Under the partnership, CT Cloud plans to leverage Akamai for content delivery network technology that will be available for the delivery of its Cloud services.

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