Beijing pushes major Chinese telcos to raise dividends

Beijing pushes China Telecom, China Mobile to raise dividends

Three major Chinese telcos are dramatically changing their financial strategies and shifting from reducing capital costs to offering higher dividend yields.

As reported by Nikkei Asia, this shift is linked to the increasing interest from the Chinese government in the performance of the stock market and its directive to accord more importance to shareholder returns within state-owned enterprises.

China Telecom followed this logic but took it a step further, as interim...

22 August 2024 | 5G

Huawei’s upcoming chip may break China’s 7nm barrier

Chinese tech giant Huawei continues to defy expectations, steadily reclaiming its position in the global smartphone market despite weathering over five years of stringent US sanctions. Showcasing remarkable resilience and innovation, the company's recent chip development and smartphone sales advances paint a picture that transcends mere corporate resilience.

Huawei's journey through the sanctions storm began in 2019 when the Trump administration, citing national security concerns,...

7 August 2024 | China Mobile

Berlin’s 5G shift: Germany to phase out Huawei and ZTE components

In the wake of mounting global concerns over national security, Germany has become the latest nation to join the ranks of countries restricting Chinese technology in critical infrastructure. Following in the footsteps of the US, Britain, Sweden, Japan, Australia, New Zealand, and Canada, Europe's largest economy has announced plans to bar components from Chinese tech giants Huawei and ZTE in core parts of its 5G networks.

This decision marks a significant shift for...

19 July 2024 | 5G

HarmonyOS NEXT: Huawei’s bold move to challenge Apple and Android

Source: Huawei Central, Huawei.

Now approaching a staggering one billion mobile devices in circulation, Huawei has unveiled HarmonyOS NEXT, a new operating system that completely ditches Android apps. This move marks a significant technological evolution for Huawei and sets the stage for a heated rivalry with Apple and a potential reshaping of the Android ecosystem.

In retrospect, Huawei's path to the brink of one billion mobile devices demonstrates its perseverance and ingenuity. Despite considerable hurdles,...

26 June 2024 | China Mobile

FCC bans China Telecom from operating US services

The FCC has actioned a Trump-era recommendation to ban China Telecom from operating services in the United States.

China Telecom Americas is based in Virginia and sells mobile services which target Chinese Americans, tourists, and businesses.

In April last year, the Trump administration’s Justice Department recommended that the FCC revoked China Telecom Americas authorisations to provide international telecoms services to and from the US. The department went on to note...

27 October 2021 | China Telecom

FCC considers revoking China Telecom’s license to provide US services

The FCC has announced that it’s launched a review into whether to revoke China Telecom’s license to provide services in the United States.

The US telecoms regulator says the proceedings will “determine whether to end China Telecom (Americas) Corporation’s authority to provide domestic interstate and international telecommunications services within the United States under section 214 of the Communications Act.”

According to the FCC, the action seeks to safeguard...

11 December 2020 | China Telecom

FCC tells China Telecom it will share confidential docs with other agencies

The FCC has notified China Telecom that it will share documents the operator issued in confidentiality.

State-owned China Telecom has been authorised to operate in the US since 2001, but has found itself subject to increased scrutiny in recent months.

The US Justice Department and other federal agencies have recommended that the FCC revokes China Telecom's license due to concerns including "inaccurate public representations by China Telecom concerning its cybersecurity...

20 August 2020 | China Telecom

China Telecom, Huawei and State Grid team up for report into 5G network slicing

To get the best benefits of 5G technologies in China, operators need to cooperate with the electricity providers. A new report from China Telecom, Huawei and the country’s State Grid examines the smart grid and a 5G ‘network slicing’ project. China is committed to the ‘Made in China 2025’ project upgrading the country’s manufacturing sector which, as the report notes, is similar to Industry 4.0 initiatives in requiring fast network connections. A missive from gov.cn, the Chinese...

23 January 2018 | China Telecom

China Telecom chooses Bridge Alliance as partner to provide M2M and IoT services

China Telecom and Bridge Alliance have signed a machine to machine (M2M) and Internet of Things (IoT) services deal, with both sides aiming to capitalise on the impetus the IoT is receiving in the Asia Pacific region. The business partnership deal will allow China Telecom to offer IoT/M2M services to multinational enterprise customers across Bridge Alliance's footprint of 34 markets. Deng Xiao Feng, managing director of China Telecom’s global business department, said: "We are excited to...

31 October 2017 | China Telecom

China Telecom utilises Versa Networks for SD-WAN service

Versa Networks has been chosen as a primary vendor for software-defined WAN (SD-WAN) and security (SD-Security) by China Telecom to cater the needs of its global customer base. The latter’s managed SD-WAN service is developed on Versa’s comprehensive suite of virtualised network and security functions (VNFs), which enables a truly software-based managed SD-WAN service that gives customers a better business agility and make them ‘cloud-ready’ via its application-level visibility,...

18 September 2017 | China Telecom