China on Friday officially launched the world's first dual-mode mobile phones, which function in both GSM (Global System for Mobile Communications) and CDMA (Code Division Multiple Access) networks.
Chinese people sent about 12 billion SMS to greet their countrymen during the Lunar New Year or Spring Festival, raking in nearly $157 million for the service providers.
China United Telecom plans to launch mobile phone handsets with dual-band technology in mid-July that shares data and voice service between GSM and CDMA users.
Vodafone Essar on Thursday said it has crossed the 100-million subscriber mark in India, becoming the third mobile operator in the country to do so after rivals Bharti Airtel and Reliance communications.
More than 1,500 shares listed in Shanghai and Shenzhen dived by the daily limit.
Sunil Mittal-led Bharti Airtel has become the world's third largest mobile operator with 303 million subscribers.
Edward Snowden, a former private contractor with the Central Intelligence Agencywho leaked the controversial United States secret surveillance programme, on Sunday made fresh claims about America's cyber espionage against China, including intensive hacking attacks on a top university in Beijing.