Replies to post #76918 on China Growth Stocks

[bUrRpPPP!]

Looks expensive.....lol!

[RedBull77]

TSTC - Looks like they sure know how to take and spend shareholder's money. Would be nice to get a little shareholder value in return.

I hope, at least, they have a wing or two dedicated to collections.

[nole92]

TSTC - Telestone added this to their website about the China Unicom vendor list: (they are one of the top 3 vendors)

News Telestone successful China Unicom Group, WLAN AP / AC Equipment Central Purchasing Project

Abstract: In June 2011, came the news from China Unicom Group, the successful bidder for Telestone "2011 China Unicom Group, WLAN AP / AC equipment, centralized procurement," and honors included the top three, as China Unicom WLAN AP / AC equipment, a class of suppliers.
Text: "2011 China Unicom Group, WLAN AP / AC centralized procurement project" invested nearly 10 billion yuan, involving 31 provinces (municipalities). China Unicom aims to accelerate the construction of the WLAN network, and further complement the existing network resources, so as to provide better coverage of wireless LAN seamless system.
The tender attracted a total of Huawei, ZTE, Beijing Han Ming, Hong Haoming pass, up to three yuan in Fujian, Shenzhen people, Comba, Wuhan Hongxin, Datang Telecom, nearly 30 vendors to participate, through pre-qualified business , 28 manufacturers get involved in the project tendering, Telestone among them. In order to prepare the project bidding, Telestone based products business center facilities to overcome the pressing, weight difficulties, according to meticulous part of Unicom Group for the business, technical components, and offer some of the requirements of competitive bidding. After the final three rounds of intense competition, Telestone group with strong strength, high-quality equipment quality, excellent service and high reputation in the industry has made remarkable achievements, as the top three, as only 6 family class suppliers (Hong Haoming pass, up to three yuan in Fujian, Beijing Telestone, Beijing to Jie, Beijing Han Ming, Huawei) one.
It is understood that China Unicom Group, WLAN AP / AC equipment, centralized procurement since 2010, this is the second tender. Bid in 2010, Telestone successfully nominated a class of suppliers and the country's five provinces received nearly 4% market share. Compared with last year, this year's competition has become more brutal, more manufacturers not only reference standard, and taken out of the system last year, has been short-listed 25 companies in seven expelled Bureau, only 18 suppliers. In this fierce competition, Telestone new heights, not only once again nominated a class of manufacturers, by last year's first eight jumped to the top three this year. Currently, the provincial share of the allocation of project progress, specific results will be released this month. Telestone this year will be at least 9 provinces (Shandong, Hubei, Gansu, Xinjiang, Guizhou, Henan, Hebei, Hainan, Inner Mongolia) share, the proportion of investment accounted for about 15% or more.
The project is successful, once again demonstrates the overall strength of Telestone mature technology and WLAN capability, the company that the construction of wireless networks at home and abroad has been an important seat. Especially in the current three to increase wireless network operators have invested in the next three years will bring nearly 30 billion telecommunications equipment needs of the market context, the project won the bid for the company not only expand the wireless network equipment market, enhances the power, but also for the next step participate in China Mobile, China Telecom WLAN Central Purchasing bidding to seize the opportunities, more companies to promote the "wisdom of the resident system Xinlian (TIPS)" and WFDS technology market solid foundation!