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Rumor: Baidu Applies for MVNO License
Tencent Tech, 3/26/14
According to an industry insider, Chinese internet company Baidu (Nasdaq: BIDU) has applied for a mobile virtual network operator (MVNO) license from China's Ministry of Industry and Information Technology (MIIT). Read More
Longmaster, IDG Establish Mobile Gaming VC
Sfw.cn, 3/19/14
Guiyang-based online entertainment provider Longmaster Information & Technology (300288.SZ) has announced that the company has signed an agreement with Guangdong Pacific Technology, a wholly owned subsidiary of IDG Capital Partners, to establish "Langyou Capital" ("Langyou Ziben"), a VC fund focused on the mobile gaming sector. Read More
China Telecom Submits List of 16 Potential MVNO Partners
Communication Information News, 11/08/13
China Telecom (NYSE: CHA; 0728.HK) has submitted an initial list of 16 mobile virtual network operator (MVNO) partners to China's Ministry of Industry and Information Technology (MIIT) for approval. Read More
Longmaster Increases Stake in Mobile Game Developer
Shenzhen Stock Exchange, 9/23/13
In an official disclosure, Guiyang-based telecom value-added services and online entertainment provider Longmaster Information & Technology (300288.SZ) announced yesterday that the company will increase its investment in Chengdu-based mobile game developer and operator Guiyang Wangyang Digital Entertainment (Wangyang Entertainment). Read More
Longmaster Takes 35% Stake in Mobile Gaming Company
Shenzhen Stock Exchange, 8/06/13
In an official disclosure, Guiyang-based telecom value-added services and online entertainment provider Longmaster Information & Technology (300288.SZ) announced yesterday that the company has purchased a 35% stake in Beijing-based mobile game developer and operator Beijing Mengcheng Interactive Technology from Lv Shifeng for a total consideration of RMB 3 mln. Read More
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