China Unicom to Launch 3G Service
October 1, 2009 by Seeking Alpha
Filed under Investment Ideas
Original Article from Seeking Alpha Long Investment
Zacks.com submits:
Second-largest Chinese wireless carrier China Unicom (CHU) will officially launch commercial 3G wireless services on Oct 1, 2009 across 285 Chinese cities. This coincides with the company’s launch date of Apple Inc.’s (AAPL) iPhone in mainland China. China Unicom initially announced that it will commence commercial 3G service roll out on Sep 28, 2009.
China Unicom launched commercial trials of its WCDMA technology-based 3G services in 56 cities (including Beijing and Shanghai ) in May 2009 and subsequently extended that to 44 more cities. The company also initiated commercial 3G trials in 168 more Chinese cities in August 2009.
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Cogo Group: Value Prospect with Exposure to 3G in China
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Cogo Group (COGO), a Chinese company operating in the communications equipment industry, is interesting as a value play based on price/book, a strong balance sheet, and ample cash. A former high flyer, it has traded from a high of 22.50 in 2007 to a low of 2.46 in November last year.
China Mobile Pushes 3G Strategy and Partnerships: Good News for Dell?
April 17, 2009 by
Filed under Articles
Paul Harper submits:
Following on from the 3G licence distribution that we reported on MyStockVoice late last year, China looks to 3G market to stimulate economy, market leader China Mobile has unveiled a number of new partnerships and device releases that show the direction it is taking in the medium term. After the on-off discussions with Apple regarding the iPhone, the wireless carrier seems to be pitching heavily into the PC hardware vendors, as well as choosing suppliers to expand its TD-SCDMA network to cover rural mainland China.
China Tech News reports this morning that China Mobile (CHL) has selected six PC makers, including Lenovo Group (LNVGY.PK), Founder Technology, Tongfang, Haier, HP (HPQ) and Dell (DELL), as its 3G netbook partners. What is more interesting is the strategy behind this, following Western mobile operators who have been pushing mobile broadband dongles since 2007, China Mobile will offer subsidies to users who buy its 3G netbooks. Consumers will be able to enter the serial numbers of the device and the numbers of the built-in TD-SCDMA module of the netbook, with their mobile phones to activate the 3G services.