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Mainland China's telecom industry revenues reached RMB 1.58 trln in 2022, representing a year-on-year increase of 8.0%, according to preliminary figures released today by China's Ministry of Industry and Information Technology (MIIT). Read More
China's total number of deployed cellular base stations reached approximately 9.16 mln by the end of September 2020, according to key communications industry infrastructure indicators newly released by China's Ministry of Industry and Information Technology (MIIT). Read More
China deployed approximately 359,000 new cellular base stations during the six months from January to June, 2020, according to key communications industry infrastructure indicators newly released by China's Ministry of Industry and Information Technology (MIIT). Read More
China's Ministry of Industry and Information Technology (MIIT) announced today that it has issued 5G mobile communications commercial operating licenses to four companies, including the parent companies of China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH), and China Telecom (NYSE: CHA; 0728.HK), as well as to national cable TV network operator China Broadcasting Network Corporation. Read More
Zhejiang-based new media and cable TV network operator Wasu Media Holding (000156.SZ) has announced its wholly owned subsidiary Wasu Media Networks has reached a partnership agreement with Alibaba Group's (NYSE: BABA) online video platform Youku Tudou which will grant Wasu Media the national cable DTV and IPTV broadcasting rights for Youku's video content. Read More
Beijing-based cable TV network operator Gehua Cable TV Network (600037.SH) and Hubei Radio and Television Information Network (000665.SZ) recently announced plans to establish a cable broadband joint venture, which is temporarily called the "China Broadcasting Broadband Operating Company." Read More
Following the recent conclusion of the two sessions of the National People's Congress (NPC) and the Chinese Political Consultative Conference (CPPCC), Chinese lawmakers have released the full text of the country's 13th Five-Year Plan for economic and social development. Read More
Data processing and software development firm Leshi Cloud Computing, a subsidiary of Chinese online video and internet TV content provider Leshi Internet Information and Technology (LeTV) (300104.SZ), today announced completion of RMB 1 bln Series A funding led by state-owned Chongqing Industrial Investment Fund. Read More
Ad agency services provider and cable TV network operator Shaanxi Broadcast & TV Network Intermediary (600831.SH) has announced a plan to raise up to RMB 955 mln through a private offering of 52.44 mln newly issued shares priced at RMB 18.21 per share to five designated investors. Read More
Chinese online video and internet TV content provider LeTV (Leshi) (300104.SZ) has announced that the company plans to invest HKD 6 bln on content production and copyright licensing in Hong Kong over the next three years. Read More