The deals aims to help China Tower handle demand for transmission of monitoring data and related data analysis services for mid and high-point IoT devices
Chinese tower operator China Tower has renewed multi-year framework deals with compatriot operators China Telecom and China Unicom with the...
China Tower added a total of 9,000 sites during the first half of 2024
China Tower ended the first half of the 2024 with a total of 2.07 million towers under management, after a new addition of 9,000 sites during the period.
In a release, the...
China Tower said that total tower tenants rose to 3.65 million at the end of last year
China Tower ended 2023 with a total of 2.04 million towers under management, down 0.4%, the company said in its earnings statement.
The company said that total tower tenants...
China said its investments in the 5G field increased by 5.7% last year versus the previous year
China hiked its investment in 5G networks to CNY190.5 billion ($26.6 billion) last year, local press reported, citing the latest official data from the Ministry of Industry and...
China Tower said its net profit in the first half of the year climbed 14.6% year-on-year to $674 million
China Tower ended the first half of 2023 with a total of 2.06 million towers under management, after a net addition of 6,000 sites during the...
China Tower said its net profit in the first quarter climbed 15% year-on-year to CNY2.50 billion
China Tower ended the first quarter of this year with a total of 2.06 million towers under management, after a new addition of 7,000 sites during the period.
In...
China Tower said it added a total of 17,000 new towers last year
China Tower ended 2022 with a total of 2.05 million towers under management, after a new addition of 17,000 sites during the full year. In a release, the company said that total...
China Tower’s net profit in H1 climbed 22.2% year-on-year to CNY4.22 billion
China Tower ended the first half of the 2022 with a total of 2.05 million towers under management, after a new addition of 11,000 sites during the period.
In a release, the company said...
Last year, China Tower had completed approximately 552,000 5G construction projects
China Tower ended the first quarter of the year with a total of 2.05 million towers under management, after a new addition of 18,000 sites during the period.
In a release, the company said that...
The Chinese government has set a goal to install over 600,000 5G base stations this year
China Tower’s business last year was positively impacted by the accelerated deployment of 5G sites across China, the company said in its earnings release.
In 2021, the company said it...
China Tower net profit up 16.1% year-on-year
China Tower business in the first half of the year was positively impacted by the accelerated deployment of 5G sites across the Asian nation, the company said in its earnings release.
During H1 2021, the company’s net profit grew...
China telecommunications infrastructure firm China Tower has deployed over 100 5G base stations in 17 competition venues for the 2022 Winter Olympics in Beijing as well as along the Beijing-Zhangjiakou high-speed railway and the Beijing-Chongli expressway, Chinese press reported.
According to the report, China Tower...
China Tower’s business last year was positively impacted by the accelerated deployment of 5G sites across China, the company said in its earnings release.
During 2020, the company’s net profit grew 23.1% year-on-year to CNY6.4 billion ($980.2 million) while operating revenue increased 6.1% to CNY81.1...
China has already constructed over 690,000 5G base stations nationwide by the end of September, Chinese press reported citing information from the Ministry of Industry and Information Technology.
The government also said that subscribers using applications such as ultra-high definition video, cloud games and virtual...
China Tower’s business in the first three quarters of 2020 was positively impacted by the rapid deployment of 5G sites across China, the company said in its earnings release.
The company said that a total of 345,000 5G sites had been constructed in China as...
China Tower’s business in the first half of 2020 was positively impacted by the acceleration of 5G deployments in China, the company said in its earnings release.
The telco said that a total of 215,000 5G sites had been constructed in the first half of...
China’s three mobile operators signed up 9 million advance orders for 5G services during September, according to Beijing News.
The report stated that China Mobile, China Telecom and China Unicom would probably launch commercial 5G services simultaneously later this month.
China Mobile has attracted approximately 5.32...
Shared 5G infrastructure accelerated deployment in South Korea
Chinese carrier China Telecom is considering a plan to share resources and costs in the deployment of 5G infrastructure with rival telco China Unicom, China Telecom’s Chairman Ke Ruiwen said.
The executive said China Telecom  had reached a...
China Tower said it would use part of the proceeds to build new towers and upgrade existing infrastructure
Chinese state-owned telecommunications tower company China Tower has raised $6.9 billion after pricing its initial public offering (IPO) at the bottom of an indicative range, Reuters reported,...
China Tower is seeking a valuation of up to $ 40 billion through the IPO
Chinese state-owned telecommunications tower company China Tower filed an application for an initial public offering (IPO) on the Hong Kong Stock Exchange (HKSE), seeking a valuation of up to $40...
China Tower currently owns and operates a total of 2.5 million telecom towers across the Asian nation
Chinese state-run telecom tower company China Tower Corp has signed a cooperation agreement with compatriot firm State Grid Corp of China (SGCC).
Under the terms of the agreement, both...
The three operators are finalizing leasing contracts with the new joint venture
China’s three mobile operators – China Mobile, China Telecom and China Unicom – signed an agreement to transfer a combined 231 billion yuan ($36 billion) worth of telecommunications towers and related assets to...
China Mobile network build-out contributed to profit loss
China Mobile, which reported a 10% decrease in profits for 2014, plans to cut back on its capital expenditures for 2015.
In 2014, China Mobile, the largest carrier in China and the world, spent big on expanding its...
Telenor and TeliaSonera team up to take on Denmark
Telenor and TeliaSonera announced plans to merge their operations in Denmark. If the merger proceeds, both companies will hold a 50% stake in the venture. The deal would result in the combined operations controlling 40% market share.
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