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CHU 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]
- Friday 12:30 PM Baidu (BIDU) is reportedly working with 3 partners to produce smartphones that will feature its Baidu Cloud applications suite. It's added the phones will sell for a mere $111-$143, be marketed by local vendor Changhong Electric, and will run on China Unicom's (CHU) network. The report comes shortly after one of Baidu showed off one of its devices, a low-end Android model with a 3.5" display and Baidu search box. Netease (NTES) also has plans to sell low-end Android phones. (also) [Tech]
CHU in Focus
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CHU Related Articles
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CHU News
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at MarketWatch.com (Tue, 7:46AM)
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at MarketWatch.com (Thu, 10:32AM)
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at MarketWatch.com (May 16, 2012)
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at MarketWatch.com (Apr 26, 2012)
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at MarketWatch.com (Feb 21, 2012)
CHU Press Releases and Filings
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Currently, there are no press releases or filings on CHU.
CHU Latest Transcript
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Fri, Aug 28, 2009Popular searches: churn rate, expenses, iphone, 3g, mobile, churn, fixed-line, demand, acqui, broadband.
CHU Cramer
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Thu, May 27, 2010
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Fri, Mar 26, 2010
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Wed, Mar 3, 2010
CHU Instablog posts
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CHU vs. ETF Alternatives
Company Description
Currently, there's no company description for CHU.