The cost of promoting TDMA

Reading Time: < 1 minute TDMA, or TD-SCDMA, is a Chinese domestic 3G standard (Wikipedia). China was not behind the west in terms of 2.5 GSM network and applications in recently years. Actually the development of mobile phones are so successful, the total users of China mobile phones users already exceeded half a billion (source: digitimes). China Mobile (NYSE: CHL),… Continue reading The cost of promoting TDMA

Second thought on China Mobile CHL

Reading Time: 3 minutes (Update May 26 11:35PM) Just found the Google finance has the wrong EPS and PE ((EPS 2.62, PE 29.92) for CHL. Yahoo finance has the right number for CHL: ttm EPS $3.08, PE 25.44 as of Friday May 23. Market sentiment GS downgrade (Bloomberg): the ladies at Goldman Sachs cut the rating of 0941 (China… Continue reading Second thought on China Mobile CHL

Why China Mobile CHL is a buy: IV

Reading Time: < 1 minute Two important news about China wireless arena yesterday. 1) China Mobile finally started the long awaited trial of TD-SCDMA 3G network (read Chinese news story 1 , and 2 from XinhuaNet). Some features of 3G include the video conference/phone, TV program, etc. 2) The new (lower) roaming fees takes effect. I think 2) may have… Continue reading Why China Mobile CHL is a buy: IV