China Mobile eyes more overseas acquisitions
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China Mobile, the country's top wireless operator, said Tuesday it planned to take advantage of the global stock market downturn to acquire overseas telecom firms that have now become cheaper.
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Seven Asian telecommunications firms are coming together to invest between $30m and $40m (Â£16.3m and Â£22m) in new mobile phone services and technology.
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Sales of mobile phones in China increased 40 percent year on year to 120 million units in 2006, Xinhua quoting deputy chief of the China Mobile Communications Association Xie Linzhen.
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China plans to let foreign companies take stakes in local television production companies, in a move giving international media companies better access to the world's biggest market.
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Assets include its telecoms operations in Hong Kong as well as cellular holdings in India, Israel, Thailand, Sri Lanka, Ghana, Paraguay and Macau.
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Microsoft Expanding Live Search into China Under a deal with China Telecom, Microsoft will be serving a Chinese version of Live Search to China Telecom&#8217;s 25 million broadband customers.  The People&#8217;s Daily Online reports: Microsoft has been looking for an opportunity to get into the search market since Baidu.com, Yahoo! and Google joined. The launch of Live [...]
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By Li Weitao  Hong Kong-listed China Telecom Corp Ltd has agreed to buy telecom- related assets from its State-owned parent in a move to increase its stock appeal as it copes with a slowing fixed-line business and a failure to obtain licenses to offer mobile phone services.
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China will push its banks to  forge deeper into overseas markets for acquisitions and a  global profile, a top bank regulator said on Sunday.
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Networks Corp. is poised to expand its operations in China to better battle low-cost competitors in the global telecom equipment market, the company&#39;s CEO said on Monday.
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Yahoo Inc.  said it signed agreements with six mobile operators across Asia, as part of a broad global expansion that will see its mobile services in tens of millions of phones by the end of the year.
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Nokia  is seeing small local  rivals entering the Chinese market, filling a gap left by  Motorola , the Finnish firm's regional head said in  comments published on Thursday.
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Latest statistics from the Ministry of Information Industry show that China exported more than four million Chinese-brand mobile phones from January to September, far exceeding last year&#39;s total of 2.06 million.
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Facing foreign competition in 2007, China's banks are expanding loan options.
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Nokia saw sales soar in China last year as the world's largest maker of mobile phones started tapping the nation's huge rural market, according to state media.
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Newspapers report that RIM's BlackBerry is set to go on sale in China this month.
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With mobile phone markets nearly saturated in the developed world, network operators and handset manufacturers are turning their attention to the fertile ground of emerging countries.
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Vodafone Group, Europe's largest mobile phone operator, is testing several network systems from Chinese manufacturers with the intention of purchasing equipment within the next few years.