Formula One has signed an agreement to hold Grand Prix in Shanghai from 2004 to 2010. This will be the first time that a Chinese city has hosted a Formula One race. The 5.5km-long track will be constructed by Shanghai International Circuit Company. The whole facility will cost Yn2bn to build and will also include […]
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Strong growth in CDMA sales
China United Telecommunications said it had recorded strong growth in subscriber numbers for its code division multiple access (CDMA) network. The country's second largest mobile phone company added 700,000 users in the 13 days to October 8, bringing the total to 3.7m. Company president Wang Jianzhou said he was confident that the end-of-year target of […]
China Unicom awarded contracts worth more than US$1bn to Lucent Technologies, Nortel Networks and Motorola on the eve of President Jiang Zemin's visit to the US in late October. The contracts involve the upgrading of China's CDMA technology, which began operating in January this year. High-speed data services will be added and capacity will be […]
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China Telecom gets licence
China Telecom, the mainland's main fixedline operator, has been granted a licence by the US telecoms authorities to provide telephone and internet data services between the two countries, Business Weekly said. A company spokesman said that the licence would considerably reduce its operating costs for international business and would put it in a better position […]
China Telecom, the fixed-line operator that is dominant in southern China, is to build an IP communications backbone in the north of the country, reported the Financial Times. The US network equipment supplier, Cisco Systems, will supply technology and prod- ucts in a deal worth about US$2m. The network will replace one that China Telecom […]