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CHA Market Currents
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Tuesday 2:38 PM China Mobile (CHA +1.8%) trades higher on an upgrade to Outperform from Credit Suisse, which sees strong 3G uptake in "Tier 2" Chinese cities leading to double-digit revenue growth for the country's carriers. CS notes 2/3 of China's net adds since April '11 have involved 3G, leading its penetration rate to grow to 15.6% of phones, and that 3G subs tend to sport higher ARPUs. Outperforms are reiterated for China Mobile (CHL) and China Unicom (CHU - previous).
1 Comment[Tech, Quick Ideas]
CHA Related Articles
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CHA News
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at MarketWatch.com (Tue, 7:46AM)
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at MarketWatch.com (May 16, 2012)
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at MarketWatch.com (Feb 21, 2012)
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at MarketWatch.com (Feb 1, 2012)
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at MarketWatch.com (Nov 21, 2011)
CHA Press Releases and Filings
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Currently, there are no press releases or filings on CHA.
CHA Latest Transcript
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Thu, Sep 4, 2008Popular searches: increase, information, broadband, billion, disaster, pas, year, company, customers, investment.
CHA Cramer
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Thu, Jul 31, 2008
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Thu, Aug 9, 2007
CHA Instablog posts
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CHA vs. ETF Alternatives
Company Description
We were incorporated under PRC laws on September 10, 2002 as a joint stock company with limited liability under the name “China Telecom Corporation Limited”. As part of our initial restructuring, China Telecom Group’s telecommunications operations in Shanghai Municipality, Guangdong Province,... More