Slowing economic growth still offers China mobile hope

Article Abstract:

China's cellular phone service subscriber base of 85 million at the end of last year makes it the biggest cellular market in the world. By 2005, that number is forecast to reach between 260 million and 290 million. China Mobile (Hong Kong) Ltd. is benefiting from the growth, reporting revenue of 49 billion yuan in the first half of this year. Net income of 18 billion yuan for 2000 is expected to increase to 27 billion yuan this year.

China, Sales, profits & dividends, Forecasts, trends, outlooks, Sales & consumption, Hong Kong, Statistical Data Included, China Mobile Ltd.

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NTT rebuffs Tokyo's order

Article Abstract:

Though the Japanese government has ordered Nippon Telegraph and Telephone Corp. (NTT) to reduce its stake in NTT DoCoMo Inc. in order to spur competition, NTT says it will not reduce the stake below 51%. DoCoMo is NTT's most profitable subsidiary, due to the high demand for mobile phones, and NTT's traditional business of fixed-line phones is no longer making a profit.

Japan, Telecommunications, Financial management, Telephone Communication, Parent-to-subsidiary activities, Nippon Telephone and Telegraph Corp., NTT DoCoMo Inc.

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PLDT, Globe Telecom prepare for Philippine phone war; analysts expect the two companies to emerge as dominant competitors in the sector

Article Abstract:

Philippine Long Distance Telephone Co (PLDT) and Globe Telecom are poised to fight for dominance in the Philippine telephone market. The first signs of a stiff competition began with First Pacific's takeover of PLDT in 1998, followed by Globe's launch of a text-messaging feature to its cellular phone service that has spawned a fad among teenagers and young professionals. Smart Communications, the cellular phone operator indirectly held by First Pacific and which PLDT plans to have full control of, countered with its own text-messaging system. Smart claims that Globe refuses to open its circuits for Smart customers, while Globe says its subscribers are facing difficulty in accessing PLDT's landline network.

Market share, Philippines, Philippine Long Distance Telephone Co., PHI, Globe Telecom GMCR Inc.

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