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Taiwan, China get first undersea cable link
by Staff Writers
Taipei (AFP) Aug 16, 2012


The first undersea telecommunications cables linking Taiwanese and mainland Chinese territory have been completed, a company official said Thursday, amid fast warming ties between Taipei and Beijing.

The two fibre optic cables link the city of Xiamen in southern China with the Taiwanese-controlled Kinmen island group, which lies just off the coast of China and around 200 kilometres (125 miles) from the main island of Taiwan.

The cables are due to go into operation on Tuesday, an official with Taiwan telecom operator Chunghwa Telecom told AFP.

The official, who asked not to be named, said the company had invested around Tw$100 million ($3 million) in the joint venture involving three other Chinese telecom operators.

The cables are yet another sign of fast improving ties between Taiwan and China. The two split in 1949 at the end of a civil war and the Kinmen island group was often a flashpoint during the Cold War period.

The Chinese army fired more than 470,000 shells on Kinmen and several other islets in a 44-day bombardment in 1958, killing a total of 618 servicemen and civilians and wounding more than 2,600.

China was still bombarding the island as late as the 1970s, although by then the shells were stuffed with propaganda leaflets.

Ties have warmed since Taiwan's China-friendly Ma Ying-jeou administration came to power in 2008 on a platform of beefing up trade and tourism links. He was re-elected in January for a second and final four-year term.

Kinmen has become a popular attraction for tourists from both sides.

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China Mobile interim profit disappoints investors
Hong Kong (AFP) Aug 16, 2012 - Telecom giant China Mobile posted a worse-than-forecast rise in first-half net profit of 1.5 percent on Thursday, citing intensive competition and the spread of new mobile technologies.

Net profit rose to 62.2 billion yuan ($9.77 billion) in the six months to June 30 compared to 61.28 billion yuan in the same period last year, the world's largest mobile carrier by number of accounts said.

"We faced a number of severe challenges including the increase in mobile penetration, intensified competition, as well as impact of new technologies and services that are replacing traditional communications services," it said.

"The group continued to lead the industry in terms of profitability."

The result was lower than analysts' expectations and the company's shares fell 5.03 percent to HK$86.85 on the Hong Kong stock exchange, which closed 0.45 percent lower.

In the first half of the year, the company's total customers increased 10.7 percent to more than 680 million, including an increase of 15.87 million 3G users to more than 67 million.

China Mobile said it would have 20,000 TD-LTE base stations, a new generation of wireless broadband technology, covering 13 cities in the second half of 2012, Dow Jones Newswires reported.

"Information and communications technologies will veer towards broadband, mobility and integration," said the company in the filing.

"With the development of the TD-LTE industry chain and its commercialisation on an international scale, the group will continue to gain momentum."



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Megaupload boss wins right to see US evidence
Wellington (AFP) Aug 16, 2012
The boss of file-sharing site Megaupload has the right to see US evidence against him so he can defend a bid to extradite him from New Zealand on online piracy charges, an Auckland court ruled Thursday. The High Court dismissed an appeal by lawyers acting for US authorities against an earlier decision granting Kim Dotcom access to the evidence that will be used against him if he is forced to ... read more


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