Telecoms news from Macao
Cable & Wireless Communications (CWC) has sold its 51% stake in the Macau based telecoms network, CTM for US$750 million. ...more.
UK based Cable & Wireless Communications (CWC) has confirmed that it is in talks that could lead to the sale of its 51% stake in a Macau based telecoms network subsidiary. ...more.
Macau's telecoms regulator, the DSRT has delayed the shut-down of the country's GSM networks until the end of the year. ...more.
Macau's Companhia de Telecomunicaces de Macau (CTM) has signed a three-year contract with Ericsson for the supply of a HSPA+ network upgrade. ...more.
Hong Kong based SmarTone has announced that its Macau subsidiary has been granted a 3G license and plans to launch a WCDMA based network next year. ...more.
Hutchison Telecom is reported to be in talks to secure a HK$5.5 billion (US$710 million) loan to be injected into the company when it is spun off from its parent, Hutchison Whampoa. ...more.
Hong Kong based Hutchison Telecom has reported a 16% rise in full-year revenues to HK$24 billion (US$3.1 billion) and an increase of 16.8% in EBITDA to HK$6.14 billion (US$791 million). ...more.
The Group's mobile customer base grew 68% in the past 12 months to 11.1 million, with a significant percentage of the increase comes from Indonesia. Hutchison Telecom also said that it continued to register a healthy growth of 3G customers in Israel, Hong Kong and Macau. ...more.
Macau's 3G networks face a possible censure from the regulators if they miss a target of migrating all their existing 2G subscribers onto the 3G networks within two years of receiving their licenses. ...more.
Bank of China's Macau Branch and local GSM/3G network operator, CTM have launched a mobile banking service. The service, branded as "iT" will be made available through CTM's WeWap mobile Internet portal. ...more.
Ericsson has been selected by Macau's CTM (Companhia de Telecomunicacoes de Macau) to be the end-to-end integrator of indoor coverage to the largest single structure hotel in Asia and the second largest building in the world, The Venetian Macao-Resort-Hotel. ...more.
China Unicom has launched its 3G network in Macao, just a few days after Hutchison Telecom launched its own network in the Chinese Special Administrative Region. ...more.
Hutchison Telecom Macau - which trades as Three - has launched a HSDPA upgrade to its network today, according to NEC Corp, who had provided the network upgrade. ...more.