Latest news with #ChinaMobile
Time Business News
4 days ago
- Business
- Time Business News
Finding the Best China eSIM for Your Next Trip
Traveling to China today means staying connected — not just for convenience, but for daily essentials. From ordering food to booking rides to navigating with maps and translation apps, reliable mobile data is a must. And the easiest way to secure that data is with an eSIM. But with so many options on the market, how do you choose the best China eSIM for your needs? In this guide, we'll explore what to look for when selecting an eSIM for travel in mainland China and why MicroEsim offers one of the most reliable solutions for international travelers. China has one of the most advanced mobile networks in the world. 5G coverage is extensive, and major cities are fully connected. However, setting up service as a foreigner isn't always simple — especially if you don't speak Mandarin or want to avoid lengthy registration processes. That's where eSIMs come in. With an eSIM, you can: Activate service before you arrive Skip local SIM card shops Start using data as soon as you land Manage plans easily through your device Choosing the best China eSIM ensures that your connection is stable, fast, and ready for essential apps and services. Not all eSIMs are created equal. When searching for the best China eSIM, keep the following factors in mind: Network access : Does the eSIM connect you to major Chinese networks like China Mobile, China Unicom, or China Telecom? : Does the eSIM connect you to major Chinese networks like China Mobile, China Unicom, or China Telecom? Speed : Look for eSIMs that support 4G/5G in key cities and tourist hubs. : Look for eSIMs that support 4G/5G in key cities and tourist hubs. Data plans : Are there flexible options for short trips, long stays, or heavy data users? : Are there flexible options for short trips, long stays, or heavy data users? Ease of activation : Can you install and activate the eSIM with just a QR code? : Can you install and activate the eSIM with just a QR code? Transparency: Are the terms clear — with no hidden fees or throttled speeds? A trustworthy provider will check all these boxes. If you want a proven solution, MicroEsim's China eSIM stands out for a few key reasons: Strong Local Partnerships — MicroEsim connects with Tier 1 networks in China, ensuring fast and reliable data. Instant Activation — You can install your eSIM and go live in minutes. Flexible Plans — Whether you're visiting for a few days or a month, you'll find a plan that fits. Competitive Pricing — No inflated tourist rates or confusing pricing models. Trusted by Travelers — Many consider it among the best China eSIM solutions based on user reviews and repeat customers. Setting up the best China eSIM is easy: Visit MicroEsim Select the Mainland China eSIM plan that fits your trip Complete your purchase Receive your eSIM QR code by email Install the eSIM on your phone Activate and enjoy full connectivity as soon as you arrive in China It's that simple — no waiting in line, no language barrier, no hassle. With international travel to China growing again, demand for seamless connectivity is at an all-time high. Choosing the best China eSIM will save you time, ensure reliable data access, and make your trip smoother from start to finish. For most travelers, MicroEsim is a clear choice — offering one of the best China eSIM products on the market today. If staying connected in China matters to you, don't leave it to chance — get your eSIM before you fly. TIME BUSINESS NEWS
Business Times
26-05-2025
- Business
- Business Times
HKBN CEO says China Mobile's HK$7.8 billion offer not good enough, open to more bidders
[HONG KONG] China Mobile's HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based company is open to engage with more bidders to get the best value for shareholders, its CEO said on Monday (May 26). State-owned China Mobile made an offer for HKBN at HK$5.23 a share in December, and Reuters reported last Friday, citing sources, that it was moving closer to a deal after its rival US-based I Squared Capital dropped out of the race. HKBN chief executive William Yeung, who is also a board member and executive vice-chairman of the company, told Reuters China Mobile's offer, which the board has not accepted, does not reflect the company's growth over the past six months. HKBN reported a 5 per cent rise in earnings before interest, taxes, depreciation, and amortisation (Ebitda) for the six months through May, higher than the 3 per cent by its major competitor Hong Kong Telecom, Yeung said. The offer also did not take into account HKBN's past capital expenditure, which has reached some HK$11 billion and future growth projections, Yeung said. 'I will look at our business, who we are, where we are, where we are playing in our interim resource enhancement, I'm very happy in continuing a 4 per cent to 5 per cent Ebitda goal in the years ahead,' he said. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up China Mobile's HK$5.23 apiece offer for HKBN would translate into some HK$4.91 a share excluding dividend, Yeung said. In response to Reuters story on Friday, Yeung said it was a 'rumour' that Chinese sovereign wealth fund China Investment Corp (CIC) had vetoed I Squared's plan to present a formal offer for HKBN, saying the board was still talking to both bidders. CIC is a minority shareholder in I Squared-controlled HGC Global Communications in Hong Kong. 'We are still talking to both parties (China Mobile and I Squared), and we are even open to talking to any others. I think the company should always look for the best and consider the interest of minority shareholders as well,' Yeung said. Reuters reported in January that I Squared was preparing to trump China Mobile's offer but would not go higher than HK$6 a share. Yeung said I Squared made HKBN an 'initial' competing offer, but declined to comment further. His views were personal and would not represent the view of HKBN's board, he added. 'There are still diverse views within the board,' Yeung said. HKBN declined to comment. REUTERS
Time of India
26-05-2025
- Business
- Time of India
HKBN's chief executive says China Mobile offer not good enough, open to more bidders
By Kane Wu HONG KONG : China Mobile 's HK$7.8 billion ($996.1 million) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based company is open to engage with more bidders to get the best value for shareholders, its CEO said on Monday. State-owned China Mobile made an offer for HKBN at HK$5.23 a share in December, and Reuters reported last Friday, citing sources, that it was moving closer to a deal after its rival U.S.-based I Squared Capital dropped out of the race. HKBN Chief Executive William Yeung, who is also a board member and executive vice chairman of the company, told Reuters China Mobile's offer, which the board has not accepted, does not reflect the company's growth over the past six months. HKBN reported a 5% rise in earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the six months through May, higher than the 3% by its major competitor Hong Kong Telecom, Yeung said. The offer also did not take into account HKBN's past capital expenditure, which has reached some HK$11 billion and future growth projections, Yeung said. "I will look at our business, who we are, where we are, where we are playing in our interim resource enhancement, I'm very happy in continuing a 4% to 5% EBITDA goal in the years ahead," he said. China Mobile's HK$5.23 apiece offer for HKBN would translate into some HK$4.91 a share excluding dividend, Yeung said. In response to Reuters story on Friday, Yeung said it was a "rumour" that Chinese sovereign wealth fund China Investment Corp (CIC) had vetoed I Squared's plan to present a formal offer for HKBN, saying the board was still talking to both bidders. CIC is a minority shareholder in I Squared-controlled HGC Global Communications in Hong Kong. "We are still talking to both parties (China Mobile and I Squared), and we are even open to talking to any others. I think the company should always look for the best and consider the interest of minority shareholders as well," Yeung said. Reuters reported in January that I Squared was preparing to trump China Mobile's offer but would not go higher than HK$6 a share. Yeung said I Squared made HKBN an "initial" competing offer, but declined to comment further. His views were personal and would not represent the view of HKBN's board, he added. "There are still diverse views within the board," Yeung said. HKBN declined to comment.
Mint
26-05-2025
- Business
- Mint
HKBN CEO Says China Mobile's Takeover Offer Undervalues Company
China Mobile Ltd.'s takeover offer for HKBN Ltd. undervalues the company, according to the Hong Kong broadband provider's top executive. 'I can swear to you, it does not reflect the value we deserve,' HKBN Chief Executive Officer and co-founder William Yeung said in an interview with Bloomberg News on Monday. China Mobile in December made a general offer to buy all of HKBN's shares for HK$5.23 each in cash, valuing the company at about HK$6.86 billion . In April, the state-owned company bought a 15.5% holding in HKBN from buyout firm TPG Inc. HKBN had also attracted interest from suitors including I Squared Capital. The US investment firm's potential takeover offer hit a snag after it struggled to convince China's sovereign wealth fund of the merits of a deal, Bloomberg has reported. I Squared already owns broadband operator HGC Global Communications Ltd., where China Investment Corp. is a minority investor, and wanted to combine it with HKBN but couldn't get approvals from CIC to move forward with a formal offer for HKBN, people with knowledge of the matter have said. 'We don't need to rush,' into a deal, said Yeung, adding that the business is growing at a faster pace than that of its competitors. 'I am very upbeat,' he said. The executive said he has received many inquiries from business partners who are requesting HKBN to respect the terms and conditions of their contracts. 'I must be very careful with our operation,' he said. 'We cannot leak any data related to our contract with them to China Mobile, and we are honoring that commitment as of today as we are still in control.' This article was generated from an automated news agency feed without modifications to text.
Mint
26-05-2025
- Business
- Mint
HKBNs chief executive says China Mobile offer not good enough, open to more bidders
HONG KONG, - China Mobile's HK$7.8 billion takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based company is open to engage with more bidders to get the best value for shareholders, its CEO said on Monday. State-owned China Mobile made an offer for HKBN at HK$5.23 a share in December, and Reuters reported last Friday, citing sources, that it was moving closer to a deal after its rival U.S.-based I Squared Capital dropped out of the race. HKBN Chief Executive William Yeung, who is also a board member and executive vice chairman of the company, told Reuters China Mobile's offer, which the board has not accepted, does not reflect the company's growth over the past six months. HKBN reported a 5% rise in earnings before interest, taxes, depreciation, and amortisation for the six months through May, higher than the 3% by its major competitor Hong Kong Telecom, Yeung said. The offer also did not take into account HKBN's past capital expenditure, which has reached some HK$11 billion and future growth projections, Yeung said. "I will look at our business, who we are, where we are, where we are playing in our interim resource enhancement, I'm very happy in continuing a 4% to 5% EBITDA goal in the years ahead," he said. China Mobile's HK$5.23 apiece offer for HKBN would translate into some HK$4.91 a share excluding dividend, Yeung said. In response to Reuters story on Friday, Yeung said it was a "rumour" that Chinese sovereign wealth fund China Investment Corp had vetoed I Squared's plan to present a formal offer for HKBN, saying the board was still talking to both bidders. CIC is a minority shareholder in I Squared-controlled HGC Global Communications in Hong Kong. "We are still talking to both parties , and we are even open to talking to any others. I think the company should always look for the best and consider the interest of minority shareholders as well," Yeung said. Reuters reported in January that I Squared was preparing to trump China Mobile's offer but would not go higher than HK$6 a share. Yeung said I Squared made HKBN an "initial" competing offer, but declined to comment further. His views were personal and would not represent the view of HKBN's board, he added. "There are still diverse views within the board," Yeung said. HKBN declined to comment. This article was generated from an automated news agency feed without modifications to text.
