Seeking Alpha

ChinaScope Fina...'s  Instablog

ChinaScope Financial
Send Message
ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
My company:
ChinaScope Financial
My blog:
ChinaScope Daily Dim Sum
  • CHA - China Telecom Prefers LTE-FDD Standard 0 comments
    Mar 22, 2013 4:31 AM | about stocks: CHA

     

    Prepared by ChinaScope Financial | Source: Tencent
    • China Telecom Co., Ltd. (00728: HKG) (the company) announced on March 20 that it will prioritize the adoption of the 4G LTE FDD standard, which means that the company will employ a business strategy different from its key competitor, China Mobile Ltd. (00941: HKG).
    • China Telecom's CEO, WANG Xiaochu stated on a business performance briefing that construction of LTE-FDD network saves costs and gains the company rich opportunities in selling compatible mobile phones. He also revealed that company's budget for 2013 is expected to be around USD 12 billion.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Back To ChinaScope Financial's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.