China Telecom and China Unicom have applied to Chinese regulators to end an investigation into their pricing practices, The Wall Street Journal reported. In exchange, each company has pledged to substantially enhance broadband access speeds, expand optic-fiber access and further lower broadband costs for public internet access in the period through 2015; China Telecom said […]
Category: Tech, Media & Telecom
Avago Technologies, a US-based maker of chips for cell phone and computer products that has operations in China, announced an earnings drop due to higher expenses in the fiscal fourth quarter, MarketWatch reported. The firm expected first quarter revenue to fall by a further 10-14%. “Despite a slowdown in our industrial market, we delivered sequential […]
Is Shanda Interactive’s privatization a sign of things to come?
China’s television industry is on the horizon of disruptive changes
Investors have fiercely debated the proper valuation for China’s burgeoning online video sites over the past year. The focus of much of the contention has been Youku, the country’s largest site by a slim margin, which carried out a much-hyped IPO in December of last year but then saw its share price slump as […]