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  • July 23, 2014
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  1. Business - China Business - ANALYSIS

    China telecoms majors to add key assets into infrastructure-sharing JV

    Posted Jul 15th 2014, 01:31am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Scope to save capital expenditure on shared infrastructure in newly formed joint company Telecoms majors to add assets to venture China Mobile, China Unicom ... Unicom's shares rose 4.72 per cent to end at HK$12.86, the stock's highest close since October 15 last year when it reached HK$12.94. China Telecom climbed 3.85 per cent to HK$4.05, its ...

  2. Business - Companies - TELECOMMUNICATIONS

    Data-hungry 3G users boost China Unicom profit

    Posted Apr 26th 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Data-hungry 3G users boost China Unicom profit China Unicom (Hong Kong) reported a 88.6 per cent increase in net profit for the first quarter to 1.9 billion yuan (HK$2.37 billion) from the same period last year, on the back of increased mobile data services spending by its subscribers. China's second-largest mobile-phone company reported ...

  3. Business - China Business - ANALYSIS

    China telecoms operators see plenty to gain in sharing infrastructure

    Posted May 02nd 2014, 01:03am by SOPHIE YU AND BIEN PEREZ

    ... Unicom and China Telecom plan to lease the towers, mobile base stations and transmission assets from the venture instead of constructing these facilities on their own. This arrangement could ... on 4G network services expansion. Analysts said Unicom and China Telecom would benefit more from the new infrastructure setup as they close the gap with China Mobile, which had 781 million ...

  4. Business - Companies - TELECOMMUNICATIONS

    Unicom prepares for 4G network build-out

    Posted Mar 22nd 2013, 12:00am by BIEN PEREZ

    ... China Unicom (Hong Kong), which reported a 68 per cent surge in net profit for last year, plans an initial investment of up to 10 billion yuan (HK$12.5 billion) to roll out its 4G network. ... on hot-spot and heavy-traffic areas rather than a wide-scale development like what China Mobile is doing." That approach also means that Unicom, which was Apple's first mainland ...

  5. Business - Companies

    China Unicom profit jumps on 3G subscriptions

    Posted Oct 25th 2012, 06:36pm by Reuters in Hong Kong

    ... Reuters in Hong Kong China Unicom (Hong Kong), the country’s second-biggest mobile phone operator, posted a 27 per cent rise in third-quarter net profit after subscribers on its 3G network ... profit gain posted by bigger rival China Mobile, highlighting the importance of the data business, which is more lucrative than voice services. China Unicom added 3.17 million 3G users ...

  6. Business - China Business - ACQUISITIONS

    Independent advisers back China Unicom's purchase of fixed-line assets

    Posted Nov 30th 2012, 12:00am by BIEN PEREZ

    ... China Unicom (Hong Kong) has moved a step closer to acquiring its parent company's fixed-line infrastructure on the mainland, following the deal's endorsement by the carrier's ... Horizon Telecommunications from state-owned parent China United Network Communications Group. Unicom New Horizon controls the fixed-line network assets that Unicom leases. In a filing ...

  7. Business - Companies

    Unicom network buy: finally some strategy

    Posted Nov 22nd 2012, 11:00am by Doug Young

    ... Doug Young fixed-line networking, telecom No one is writing very much about China Unicom's (0762.HK; NYSE: CHU) newly announced plan to buy fixed-line networking assets from its ... by a broader corporate strategy-- something we haven't seen for quite a while. Unicom has become the ugly step-child of China's telcoms sector over the last two years, as management ...

  8. Business - Money

    Hong Kong shares in biggest gain in two weeks, China Unicom surges

    Posted Oct 03rd 2013, 02:43pm by Reuters

    ... Entertainment hit record highs after a strong start to the October 1 to 7 National Day holiday and data showed Macau gambling revenue jumped 21.4 per cent in September from a year earlier. China Unicom ... in the Golden Week holiday will enhance revenue. The Hang Seng Index ended up 1 per cent at 23,214.4 points, its biggest daily gain since September 19. The China Enterprises Index of the top Chinese ...

  9. Business - China Business - TELECOMMUNICATIONS

    Unicom sets up financial services operation

    Posted Dec 07th 2013, 03:59am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com China Unicom sets up financial services operation China Unicom, operator of the mainland's second-largest wireless network, has established a financial ... Unicom said the new venture, which will have a registered capital of three billion yuan (HK$3.79 billion), was set up to provide financial services to the company and its subsidiaries. China ...

  10. Business - Companies

    WeChat wrings money from Unicom, Wangfujing

    Posted Feb 13th 2014, 04:21pm by Doug Young

    ... of its latest commercial tie-ups with retailer Wangfujing Department Store and mobile carrier China Unicom (0762.HK; NYSE: CHU). I have a lot of respect for Sina, which has emerged as a leading ... Doug Young WeChat's new tie-up with Wangfujing Department Store and plans to expand its partnership with Unicom reflect acceleration of its commercialisation drive, as it steals ...




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