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  1. China Unicom records 34.8pc rise in net profit

    Posted Oct 31st 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Increase comes before industry restructuring China Unicom (Hong Kong), the country's smaller mobile operator, posted a 34.84 per cent gain in net profit for the first ... per share rose to 51.2 fen from 40.4 fen. Under the telecommunications industry restructuring, Unicom's GSM mobile business and other businesses will be merged with China Netcom Group ...

  2. Unicom dashes China Telecom mobile hopes

    Posted Feb 05th 2005, 12:00am by Staff Reporter

    ... have no intention of selling or transferring any one of our mobile networks. Both the GSM and CDMA mobile networks are very important to China Unicom,' said Ye Fengping, the executive director of Unicom, the company's Hong Kong-listed arm. The parent company issued a terse statement in response to China Telecom chairman Wang Xiaochu's comments on Thursday, saying: ...

  3. China Telecom eyes Unicom network

    Posted Feb 04th 2005, 12:00am by Staff Reporter

    ... Hui Yuk-min Fixed-line firm wants to team up with rival Netcom to run mobile business Fixed-line giant China Telecommunications Corp has proposed to jointly acquire one of China Unicom's two mobile networks in a move aimed at easing competition. China Telecom chairman and chief executive Wang Xiaochu said his 'win-win' plan would see his firm team up ...

  4. Profit fell 50 per cent last year, Unicom says

    Posted Jan 29th 2011, 12:00am by Staff Reporter

    ... Bien Perez China Unicom (Hong Kong), the mainland's second-largest wireless network operator, will report a drop in net profit of more than 50 per cent for last year owing to rising ... carrier-partner of Apple for its popular iPhone, Unicom has lagged behind larger rival China Mobile, which operates a 3G network based on the largely mainland-developed TD-SCDMA standard- limited ...

  5. Unicom marks 10 years of listing in HK

    Posted Jul 08th 2010, 12:00am by Staff Reporter

    ... Bien Perez China Unicom celebrates 10 years as a Hong Kong-listed company today by hosting a dinner at the Four Seasons Hotel. Guests are likely to be treated to comments such as those ... of China Netcom Group Corp, which it acquired under the government-backed restructuring of the domestic telecommunications sector in 2008. 'Unicom notes that management's focus ...

  6. Unicom braces for change as telecoms restructuring looms

    Posted May 17th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung The restructuring of the nation's telecommunications industry is expected to be announced soon, possibly today, and China Unicom has started preparing for the change, its chairman said. 'China Unicom is open to all the options for the restructuring which will benefit shareholders and the industry,' Chang Xiaobing said in Hong Kong yesterday after ...

  7. Unicom lists under ballast loaded for IPO

    Posted Mar 27th 2004, 12:00am by Staff Reporter

    ... Craig Stephen WITH MEMORIES OF China Mobile's unimpressive results still fresh, few could blame investors for selling first and asking questions later as China Unicom released its own ... per user (arpu) decline just 5 per cent among its contract subscribers, versus 20 per cent for Unicom's CDMA users. China Mobile also generates double the data revenue per subscriber ...

  8. PCCW and Unicom clash over privatisation pricing

    Posted Oct 27th 2008, 12:00am by Staff Reporter

    ... Tim LeeMaster Valuation remains a sticking point while stock is suspended PCCW chairman Richard Li Tzar-kai and executives of China Unicom have clashed over the pricing of a joint ... and they don't want the deal to fail,' said a source. Fallout from a troubled deal could also cost the leadership of China Unicom political capital in Beijing as they navigate the final stages ...

  9. China Telecom posts first rise in mobile user base

    Posted Feb 21st 2009, 12:00am by Staff Reporter

    ... in October, when it completed the acquisition of the CDMA mobile business from China Unicom. 'We believe [the increase] is due to aggressive CDMA marketing efforts and strong subsidies,' ... subscribers. China Unicom (Hong Kong) said on Thursday that it added 839,000 mainland mobile-telephone subscribers last month, a figure analysts viewed as disappointing. Its total mobile subscribers ...

  10. China Mobile cash to help rivals

    Posted Sep 26th 2008, 12:00am by Staff Reporter

    ... in network interconnection fees to rival China Unicom Group as part of the revamp, some mainland media outlets have reported. Network interconnection charges are paid when operators use the network ... China Tietong while China Telecom Corp will acquire Unicom's CDMA network. Unicom will combine with fixed-line player China Netcom Group Corp. Because China Mobile dominates the cellular ...




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