China Unicom to Raise $11.7 Billion from Private Firms China Unicom is said to be raising $11.7 billion from investors including the likes of Tencent and Alibaba. China Unicom will be the first of the state-run telecom entities to receive private capital and mixed ownership. China Mobile is still the world's largest mobile phone operator in [...]
China's Mobile Carriers Launch Game Plan During the GMIC conference in Beijing May 5-6, the three largest Chinese mobile carriers jointly launched the "Double Hundreds Plan." The plan says they will jointly develop 100 mobile games to generate monthly revenue of more than 1 million RMB ($160,000), per title. Bloomberg reported that the carriers will have [...]
China Telecom is speeding up broadband services in some cities to 100 Mbps, fast enough for all family members in one dwelling to have uninterrupted access to online videos and online games, among other online digital entertainment options. China has a bold plan to increase the total broadband penetration in the country to 50% and mobile [...]
