Posts Tagged ‘Olympics’

China Mobile Will Invest CNY58.8 Billion In 3G In 2009

China Mobile (CHL) has unveiled its TD-SCDMA network development plan for 2009, which says the company will invest CNY58.8 billion to complete network coverage of 238 prefecture-level cities in China.

Lenovo’s Senior Director For Greater China Resigns

Zhu Guang, senior director for Lenovo (LNVGY) Greater China’s public relations and promotions, will depart from his position at the end of December 2008.

Beijing’s Wireless Network To Cover All Areas Within Three Years

Zhang Yuhang, vice director for the Application Promotion Department of the Municipal Informatization Office of Beijing, said during the Wireless City Summit 2008 held in Beijing that the capital city’s wireless city construction will cover all of Beijing’s urban and suburban areas before the end of 2011. Plans Chinese Web Browser

A representative from (SOHU) has confirmed that the Chinese Internet company plans to launch its own Internet browser product, but the detailed schedule for making it available to users has not been released. Releases Q3 2008 Unaudited Financial Results

Chinese Internet portal and online game firm (NTES) says its total revenues grew as it announced its unaudited financial results for the third quarter ended September 30, 2008. Announces Q3 Results, Expects Next Quarter To Dip In China

Chinese Internet company (SINA) announced its unaudited financial results for the quarter ended September 30, 2008 and says net revenues increased 64% year over year to USD105.4 million, including Internet advertising revenues increasing 66% year over year to USD76.2 million.

China To Invest CNY2.5 Billion To Extend Coverage Of Terrestrial Digital TV

Wang Xiaojie, director general for the Science and Technology Department of the State Administration of Radio Film and Television, said at the Fourth China Digital Media Summit that the country will invest CNY2.5 billion to extend the coverage of terrestrial digital TV, marking the beginning of the application of the Standard of Digital Television Terrestrial […]

Reduced Roaming Fees Between Mainland And Taiwan

According to the report in Taiwan’s Economic Daily News, cross-strait telecommunication operators are preparing to jointly reduce the roaming fees between the Chinese mainland and Taiwan at a rate of about 50%.

Olympics Push To Higher Internet Advertising Revenues

Riding high on revenue generated from the recent Olympics in Beijing, Chinese website portal (SOHU) has reported financial results for the third quarter ended September 30, 2008 and says advertising revenues were USD51.1 million, up 62% year-on-year and 18% quarter-on-quarter.

Suning To Open Five New Stores In Beijing In Q4 2008

According to Fan Zhijun, executive president for Suning’s management headquarters in North China, the company plans to open five new electronics stores in Beijing in the fourth quarter of 2008 while completing the upgrade of its existing seven stores to reach its goal of opening 100 stores in the city by 2010.