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Stock Market & Financial Investment News

News Breaks
December 4, 2012
13:21 EDTNOK, CHLNokia reaches deal with China Mobile on Lumia 920 phone, Bloomberg reports
Nokia (NOK) is set to unveil its Lumia 920 smartphone for China Mobile (CHL), reports Bloomberg. According to a person familiar with the matter, Nokia may announce the agreement as early as today and may go on sale before the end of this month. Reference Link
News For NOK;CHL From The Last 14 Days
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July 16, 2014
06:14 EDTNOKABI Research: More than 2B smartphones to ship in 2018, DigiTimes says
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July 15, 2014
06:24 EDTNOKMicrosoft poised to make job reductions, Bloomberg says
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July 14, 2014
10:00 EDTCHLOn The Fly: Analyst Upgrade Summary
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08:17 EDTCHLChina Mobile upgraded to Buy from Neutral at BofA/Merrill
06:10 EDTNOKTaiwan touch panel makers see more orders from handset vendors, DigiTimes says
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July 11, 2014
07:16 EDTCHLChinese 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.
July 10, 2014
14:14 EDTCHLChinese telecom companies to cut marketing spending, WantChinaTimes says
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