Tag Archives: chu

T-Mobile Seen Morphing Into Free Cash Flow Machine

The “Uncarrier”-branded promotions of T-Mobile US (TMUS) will deliver sustainable, positive free cash flow as it continues to gain subscribers despite fierce wireless competition, says Morgan Stanley, which rates T-Mobile a top global telecom stock pick along with Vodafone (VOD) and China Unicom (CHU). T-Mobile, controlled by Germany’s Deutsche Telekom (DTEGY), will eke out $47 million in free cash flow in 2015, estimates Morgan Stanley. Analyst

China Smartphone Shipments Rose 7.8% In July

Total cellphone shipments in China reached 38 million units in July, of which smartphones accounted for 34 million. Smartphone unit shipments in July rose 7.8% from the year-ago period but fell 14% from the previous month, according to market research firm International Data Corp. IDC attributed the month-to-month drop in part due to sluggish performance at China Unicom (CHU), the second-largest wireless carrier in China. IDC analyst James Yan in

Tesla Charging To China As Stock Hits New High

Tesla Motors stock rose to a record high Friday on a deal to build hundreds of charging stations for electric cars in China. “Tesla will be building 400 destination charging points at China Unicom (CHU) retail outlets in 120 cities,” Tesla Motors (TSLA) spokeswoman Liz Jarvis-Shean told IBD by email. “In addition, we will be building 20 superchargers at China Unicom retail outlets in 20 cities.” All charging points will be provided