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China Telecom Corp Ltd

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  • BEIJING, May 20- China will spend more than $182 billion to boost Internet speeds by the end of 2017, a top government body said, as Beijing moves towards a more service-driven economy to boost growth. China ranked 82nd in the world for average Internet connection speed, slower than Malaysia, Thailand and Taiwan, according to cloud computing services provider...

  • SAN FRANCISCO, April 28- Apple's large-screen iPhones are a big hit in China, taking market share from Samsung and selling at a pace that may make China a greater source of revenue than the Americas for Apple in coming years, analysts said. The world's most valuable consumer electronics company reported on Monday a 71 percent increase in sales in China to $16.8...

  • Mexico is desperate to get the relationship back on track after its shock scrapping of a multi-billion-dollar high-speed train contract originally awarded to a Chinese-led consortium earlier this year, a move that angered Beijing. Seeking to wean itself off dependence on the United States and compensate for an oil slump that hammered public finances,...

  • BEIJING, April 14- Chinese restrictions on transferring data overseas would burden firms with building "redundant" data centres in China and hamper domestic companies expanding abroad, the American Chamber of Commerce in China said on Tuesday. China has introduced a series of policies in recent years to keep financial and personal data such as credit history...

  • BEIJING, March 20- A glitch in the broadband infrastructure of China Unicom Hong Kong Ltd caused a brief but widespread Internet outage in mainland China on Friday, the company said. China Unicom, in a statement on its Weibo microblogging account, said Internet access was disrupted from 1:25 p.m. to 1:45 p.m. local time. In February, China Unicom said it had 69...

  • HANGZHOU, China, March 4- Alibaba Group Holding Ltd is launching a cloud computing hub in Silicon Valley on Wednesday, the e-commerce giant's first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition. Alibaba's Aliyun cloud division intends the new data center to cater initially to Chinese companies with...

  • HONG KONG, Feb 12- Hong Kong shares finished higher on Thursday as telecommunication shares jumped on speculation of industry consolidation. Shares of China Unicom Hong Kong Ltd and China Telecom Corp Ltd surged more than 5 percent at one point on rumours that they would merge, but both stocks gave up some of their gains after China's telecoms regulator denied...

  • Feb 11- Hong Kong shares finished lower on Wednesday, weighed down by banking stocks as investors worried about the health of China's economy. There was muted response in Hong Kong for the People's Bank of China's pledge late on Tuesday to fight any downturn in the world's second-largest economy. Among the most actively traded stocks on Hong Kong's main board...

  • MEXICO CITY, Jan 17- China Telecommunications Corporation, the parent of China's third-largest carrier, is studying a possible investment in Mexico, a company spokesman said on Saturday, a day after Reuters reported that the subsidiary is preparing a possible bid for Mexico's new $10 billion mobile broadband network. The spokesman for subsidiary China...

  • China Telecom studying Mexico investment - spokesman Saturday, 17 Jan 2015 | 1:21 PM ET

    MEXICO CITY, Jan 17- China's third-largest carrier China Telecom is studying a possible investment in Mexico, a company spokesman said on Saturday, a day after Reuters reported that it is preparing a possible bid for Mexico's new $10 billion mobile broadband network. The spokesman for subsidiary China Telecom Corporation Ltd. did not comment directly on the...

  • MEXICO CITY, Jan 16- China's third-largest carrier China Telecom is preparing a possible bid for a contract to build and run a new mobile broadband network in Mexico and is seeking local partners to join it in a consortium, three people with knowledge of the matter said. It has already secured up to several billion dollars of financing from Chinese...

  • China Mobile sales fall for first time since 2009 Tuesday, 21 Oct 2014 | 1:08 AM ET

    China Mobile's quarterly revenue fell year-on-year for the first time as it struggles in the face of rising competition from popular messaging apps.

  • China misses out on first wave of iPhone 6 releases Thursday, 11 Sep 2014 | 3:17 AM ET
    Apple introduces the iPhone 6 on Sept. 9 2014.

    Consumers in China will not be able to buy the new iPhone 6 as part of the first wave of buyers around the world this month.

  • Microsoft in China's crosshairs as game ban lifts Monday, 28 Jul 2014 | 12:01 PM ET

    Chinese media reported that officers from the State Administration for Industry and Commerce visited the software giant in at least 4 cities.

  • Microsoft: China officials make sudden office visits Monday, 28 Jul 2014 | 7:36 AM ET

    Chinese officials have made sudden visits to Microsoft offices in China, the company said, but declined to give a reason for the inspections.

  • China speeds past Europe on 4G mobile rollout Sunday, 2 Mar 2014 | 6:36 PM ET
    Ten customers received signed iPhones from both Apple CEO Tim Cook and China Mobile Chairman Xi Guohua.

    China has overtaken Europe by building hundreds of thousands of masts to carry superfast 4G mobile signals. The FT reports.

  • China’s 4G smartphone market is about to explode Tuesday, 28 Jan 2014 | 10:48 AM ET

    China's domestic 4G smartphone market is set for 1,500 percent growth in shipments this year, according to IHS Technology.

  • Apple takes a fresh bite into China's market Friday, 17 Jan 2014 | 12:40 AM ET
    Customers looking at iPhones in an Apple store in Shanghai.

    China Mobile finally starts selling iPhones on its massive network, with focus on how big a slice Apple can carve out in the booming Chinese market.

  • Tim Cook Apple

    A deal to sell iPhones on China Mobile's vast network is a "watershed moment," Apple CEO Tim Cook told CNBC on Wednesday.

  • China approves pilot to open mobile telecoms market Friday, 27 Dec 2013 | 1:51 AM ET

    China has approved a pilot scheme allowing private companies to piggy back on the country's providers to offer own-brand mobile services.