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China Satcom Secures Satellite Telecom Operating License from MIIT
Beijing Morning Post, 3/08/18
China's Ministry of Industry and Information Technology (MIIT) has issued China Satellite Communications (China Satcom), a subsidiary of state-owned China Aerospace Science and Technology Corporation (CASC), with a basic telecommunications operating license. Read More
CITIC Guoan to Invest USD 20 Mln in American VR Broadcaster NextVR
CITIC Guoan Group, 7/01/16
CITIC Guoan Information Industry (000839.SZ), a subsidiary of CITIC Guoan Group, recently announced that it will invest USD 20 mln in cash through its Shanghai-based subsidiary Muyun Information Technology Investment to subscribe for 3,947,031 Class B Preferred shares of US-based virtual reality live streaming company NextVR, which will give CITIC a 2.27% stake. Read More
China Telecom Cultivates Personal Satellite Phone Market
CCID, 9/17/09
A source within China Telecom (NYSE: CHA; 0728.HK) subsidiary China Telecom Satellite Telecommunications Co., Ltd. says the company will place a large-scale international order for satellite CDMA terminals together with China Telecom subsidiary Tianyi Terminal, and cultivate its own high-end individual subscriber market. Read More
China Satcom Appoints New Executives
Ccidcom.com, 4/15/09
China Satellite Communications Corporation (China Satcom) recently convened a general meeting of leading officials where it was announced that former Satcom general manager, Rui Xiaowu, has been promoted to deputy general manager of China Aerospace Science and Technology Corporation (CASC), and will be replaced by Wu Jingfeng. Read More
NDRC to Promote Satellite Development
China Securities Journal, 1/23/08
Yesterday the National Development and Reform Commission (NDRC) released its plan to organize a high-tech satellite commercialization program during 2008-2009. Read More
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