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Online Recruitment Platform 51job Receives Preliminary Privatization Proposal
51job, 9/17/20
Chinese online recruitment platform operator 51job (Nasdaq: JOBS) announced today that its Board of Directors has received a preliminary non-binding proposal letter dated September 17, 2020 from DCP Capital Partners (the "Proposing Buyer") to acquire all of the outstanding common shares of the company for USD 79.05 in cash per common share (the "Proposed Transaction"). Read More
Number of Foreign-Invested Telecom Enterprises in China Up 39% Since End of 2019
CAICT, 7/08/20
As of the end of June 2020, China's total number of foreign-invested telecom enterprises reached 266, up more than 39% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Number of Foreign-Invested Telecom Enterprises in China Up 21% Since End of 2019
CAICT, 4/09/20
As of the end of March 2020, China's total number of foreign-invested telecom enterprises reached 232, up more than 21% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
JD Health Launches Online Platform to Ensure Drug Supply to Chronic Disease Patients
JD.com, 2/14/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD) has announced that subsidiary JD Health launched a new platform this week to help patients with chronic diseases maintain their drug supply during the coronavirus. Read More
China Unicom, China Telecom to Co-Build Shared Nationwide 5G Access Network
China Unicom, 9/09/19
China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK), each of which holds a roughly 20% share of China's approximately 1.6 bln mobile subscriber base, today jointly announced that the two network operators will co-build and co-share a single, nationwide 5G access network. Read More
Shanghai Leads China with 90% 4G Penetration Among Mobile Subs in June 2019
MIIT, 7/24/19
China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of June 2019. Read More
Shanghai Leads China with 89% 4G Penetration Among Mobile Subs in May 2019
MIIT, 6/28/19
China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of May 2019. Read More
China Issues 5G Commercial Operations Licenses
MIIT, 6/06/19
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
Shanghai Leads China with 88.5% 4G Penetration Among Mobile Subs in April 2019
MIIT, 5/23/19
China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of April 2019. Read More
Shanghai Leads China with 89.5% 4G Penetration Among Mobile Subs in March 2019
MIIT, 4/25/19
China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of March 2019. Read More
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