Beijing Tianyu Communication Equipment Co. Is a Company located in China, Asia, and was founded in 2002. Get over 220,000 high net-worth attorney leads with email and phone numbers Menu. Searched 'Beijing Tianyu Communication Equipment Co.' Get News Stories Delivered to Your Inbox. Your Email: Join Today. Search news stories.
Foreign brands have long overshadowed China’s mobile phone market. It now looks like a domestic breakthrough is on the way as Beijing Tianyu Communication Equipment Co bets on the countries 3G cell phone market.
The domestic mobile phone seller has beat Motorola to become the 3rd biggest mobile phone brand in China, according to GFK, a research firm, when looked at in terms of the number of products shifted during Q1 of 09 and following the likes of Samsung and Nokia. Three standards were set up by Chinese Telecom operators to build their 3G networks, unlike other companies in a lot of the foreign markets.
The nation’s biggest wireless telecom service provider, China Mobile took on homegrown standard TD-SCDMA. China Telecom and China Unicom adopted CDMA2000 and WCDMA standards. This has improved chances for domestic cell phone manufacturers to compete with companies like Motorola and Nokia, they mainly support the WCDMA standard.
Tianyu’s revenues are assumed to reach 10 billion yuan at the end of 09, said the company president. This is because of Chinese telecom operators forcefully putting forward their 3G services. The products are affordable which makes the company popular with Chinese consumers.
Multitech mt9234zba modem drivers. Source – chinadaily.com
[January 30, 2012] |
The source indicated that Alibaba Cloud Computing Company under Alibaba Group would be merged with Beijing Tianyu. Previously, another source claimed that Alibaba Group has concluded an M&A agreement with Beijing Tianyu. The news, however, was explicitly denied by Alibaba's public relations department.
Beijing Tianyu said on January 29 that Alibaba Group kicked off a merger of it, adding that Alibaba Group's subsidiary Alibaba Cloud Computing Company would be merged with Beijing Tianyu.
However, the abovementioned person indicated that the M&A was still unclear at present and specific news may be published in February 2012. As for the question whether Warburg Pincus would quit Beijing Tianyu as investor, the insider claimed that the final decision has not been made up until now.
Source: www.cspgp.org.cn (January 30, 2012)
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