Published: November 23, 2009
Zacks Analyst Blog Highlights: China Mobile, Alcatel-Lucent, China Unicom, China Telecom and Vodafone
CHICAGO - (BUSINESS WIRE) - Zacks.com announces the list of stocks featured in the Analyst Blog.
Every day the Zacks Equity Research analysts discuss the latest news and
events impacting stocks and the financial markets. Stocks recently
featured in the blog include: China Mobile (NYSE: CHL),
Alcatel-Lucent (NYSE: ALU),
China Unicom (NYSE: CHU),
China Telecom (NYSE: CHA)
and Vodafone (NYSE: VOD).
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Here are highlights from Friday's Analyst Blog:
China Mobile Outlines 4G Plan
China Mobile (NYSE: CHL),
the world's largest wireless carrier by subscriber, has revealed its
plan to commence the trial run of its 4G network during World Expo 2010
to be held in Shanghai from May 1 to Oct 31, 2010. The company's 4G
service is based on the TD-LTE (Time Division Duplex Long Term
Evolution) mobile broadband technology. Roughly 200 participants and 70
million visitors are expected to assemble at the Expo.
China Mobile has recently selected Alcatel-Lucent (NYSE: ALU)
for the responsibilities of design, construction, installation and
integration of communication infrastructure to facilitate the 4G network
trial. The TD-LTE network will provide advanced wireless services
(including high-definition TV and ultra-fast broadband Internet access)
to the visitors at the exposition.
The three major Chinese telecom operators China Mobile, China Unicom (NYSE:
CHU)
and China Telecom (NYSE: CHA)
are investing heavily in Shanghai to improve the city's network
infrastructure, thereby ensuring the delivery of smooth network coverage
for Word Expo 2010. China Mobile plans to invest RMB 15 billion ($2.19
billion) over the next three years in Shanghai.
China Mobile's TD-LTE venture is being supported by the British telecom
giant Vodafone (NYSE: VOD).
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