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News on China’s Telecom Industry

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A feud over standardising smartphone chargers
Jan 28, 2022 (WiC 571)

China produces some 25,000 tonnes of electronic waste from disused phone chargers every year. So it’s not surprising that it might seek to reduce this source of pollution. The question is how. One solution recently put forward by Ding ...

China Mobile spends $13.2 billion on buyback
Jan 14, 2022 (WiC 569)

There are many ways to respond to a mid-life crisis. Some people overhaul their lifestyles and adopt healthier habits. Some find new interests. Others splash the cash to cheer themselves up or hook up with someone new. China Mobile has just ...

Shanghai calling

Can state telcos rekindle investors’ love for SOEs?
Aug 27, 2021 (WiC 553)

China’s state-owned telcos have an unerring ability to foreshadow broader capital market trends and China Telecom was at it again last week, when it went public in Shanghai. The Rmb54 billion ($8.3 billion) deal is China’s largest domestic ...

China Telecom closes in on A-share return
May 14, 2021 (WiC 540)

Few companies are more symbolic for long-term China-watchers than the original China Telecom (now China Mobile). In 1997, it set the template for China’s nascent privatisation process when it executed a $4.2 billion dual listing in Hong Kong ...

A confusing call

NYSE U-turns over delisting of Chinese telcos
Jan 8, 2021 (WiC 523)

In his book Dealing with China, Hank Paulson described the IPO of China Mobile (then known as China Telecom) in Hong Kong and New York in 1997 as “transformational”. The former Wall Street bank boss and ex-US Treasury Secretary ...

A matter of Honor

Huawei opts to sells a smartphone brand
Nov 20, 2020 (WiC 519)

Zhu Xinli, the founder of Huiyuan Juice, once argued that there’s no place for sentiment in disposing of companies, which should be “raised as a son but sold like a pig”. But for the embattled telecoms giant Huawei, the decision to sell ...

Moving the dial

Apple’s new iPhone 12 proves a big hit in China
Oct 30, 2020 (WiC 516)

On October 23 customers lined up outside Apple Stores in China, keen to purchase the iPhone 12. That’s in spite of the fact that Apple had instructed buyers to order its new flagship handset online and banned walk-ins at its stores, due to the ...

Time to change channel

China’s newest 5G firm is a ‘Divine Network’ on a broadcasting mission
Oct 9, 2020 (WiC 514)

China Mobile, then known as China Telecom, went public in Hong Kong in October 1997. Braving a market meltdown amid the Asian financial crisis, the state-owned enterprise dipped below its HK$10.8 offering price on its trading debut, but still ...

Moving the dial

Two Chinese firms eye African payments profit
Oct 2, 2020 (WiC 513)

“Chinese entrepreneurs that go to Africa to start a business – as long as they are unafraid of hardship, exhaustion and loneliness – will achieve great success. The chance of succeeding is very high,” proclaimed billionaire Zhou Yahui in ...

More dire news for China’s 5G leader from the US
Aug 21, 2020 (WiC 507)

One of the features of more than two years of increasing hostility towards Huawei in Washington is how the company has steered ahead, apparently unperturbed. Its networking business has reported successive quarters of healthy sales and its ...

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