VisionChina Media, one of the largest outdoor digital mobile television advertising operator in China, has announced plans to acquire DMG, China's largest subway television advertising operator, for a total consideration of USD160 million.

Approved by China's Ministry of Industry and Information Technology, Chongqing has started construction of 12 international data channels with bandwidth of 155 megabytes each to ensure the secure and rapid data transmission for software outsourcing enterprises in the city.

Taiwan-based Hon Hai Precision Industry and the international technology company Hewlett-Packard have reached an agreement with the municipal government of Chongqing on the construction of a plant for the production of notebooks and relevant devices.

Chinese electronics retailer Suning has published a report which states that it will issue no more than 200 million new non-public shares at the price of at least CNY15 per share to finance CNY2.8 billion for eight new projects.

Tom Group has announced that it will invest HKD60 million to acquire the remaining 35% stake in its affiliate company Tom Outdoor Media Group from Singapore Press Holdings.

The Chongqing government recently held a TD-SCDMA industry investment meeting to build China's first 3G industrial zone and wireless technology park, drawing 18 investment projects from many technology companies, including IBM and Infineon, with total mobile investment intentions of CNY15.63 billion.

Wireless broadband firm ChinaTel Group Inc. says it will deploy a high speed wireless broadband telecommunications network across 29 cities in China by the end of this year.

China Unicom's Shanghai branch has gained 100,000 mobile phone numbers with the 186 prefix for its WCDMA business due to open commercially on May 17, 2009.

As one of the providers that had gained the largest share in China Telecom's first CDMA tender, the Chinese telecommunications equipment maker ZTE has announced that it has delivered the CDMA base stations in 100 Chinese cities of 24 provinces to China Telecom, including those in Chengdu, Chongqing, Fuzhou, Quanzhou, Shijiazhuang and Sanya.

Chinese Internet auction and e-commerce website Taobao.com has announced that its trade value in 2008 reached CNY99.96 billion, making it one of the largest comprehensive shopping platforms in China.

According to information from China Telecom, the company plans to complete its CDMA network upgrade and capacity expansion in 340 Chinese cities in the first half of 2009.

China's Ministry of Industry and Information Technology has announced that 18 Chinese mobile service providers that had irregular operation activities have been ordered to suspend their operations.

China's technology media reports have been awash this week with news that China might soon run out of Internet Protocol addresses, and therefore Chinese Internet users will lose their ability to get online. But now a new wave of reports say this is all exaggeration.

Chongqing Chongyou Information Technology has signed a contract with Chongqing Venture Capital Company and Chongqing Yufu Assets Management Company to jointly invest CNY320 million to set up a joint venture named Chongqing CYIT Communication Technology Company.

Chinese e-commerce website Dangdang.com will establish a strategic partnership with Chongqing Publishing Group and to build a logistics base in the southwestern area of China.