China Unicom

China Unicom is a state-owned telecom operator in China. China Unicom is ranked as the world’s third-biggest mobile provider. 

Small change in China's mobile data services shows big power struggle in reform

Premier Li Keqiang says China is the world's biggest mobile phone market, but internet speeds are ranked worse than 80th in the world. Photo: AFP

Premier Li Keqiang has apparently lost his patience in recent weeks about many small but important things.

Sunday, 17 May, 2015, 10:31pm

Massive telecoms asset injection planned for China's Big Three network operators

China's three largest telecoms companies are preparing to massively expand network coverage. Photo: Reuters

Nearly a million network towers on the mainland are expected to be injected into a state-owned telecommunications infrastructure-sharing joint venture.

7 Apr 2015 - 8:06pm 3 comments

Watchdog orders China Unicom to explain double failure

Watchdog orders China Unicom to explain double failure

The city's communications watchdog has ordered China Unicom to submit reports explaining two failures of its system network in three days that left customers fuming.

15 Apr 2015 - 1:48pm 1 comment

China Unicom sticks with Apple, as it reports 25.8pc surge in net profit

China Unicom chairman Chang Xiaobing said changing the past practice could be "a good thing".

China Unicom said Apple's absence from a government procurement list would not affect its arrangement with the US firm to sell the iPhone.

8 Aug 2014 - 8:25am

China telecoms operators see plenty to gain in sharing infrastructure

China Mobile, China Unicom and China Telecom plan to lease the towers, mobile base stations and transmission assets from a joint venture instead of constructing these facilities on their own. Photo: Reuters

China's three main telecommunications service providers have started talks on setting up a joint venture to allow for infrastructure-sharing, which could lower the cost of developing mobile networks across the country.

2 May 2014 - 1:03am

Unicom's 74 pc profit jump beats estimates

Unicom's ranks of subscribers topped 289 million by the end of the last quarter, with a net gain of four million in March. Photo: Bloomberg

China Unicom (Hong Kong) reported a 74 per cent year-on-year increase in net profit for the first quarter as it beat analysts' estimates due to the rapid growth of its mobile business.

18 Apr 2014 - 1:17am

China Mobile's earnings fall 5.9pc, ending 14-year run of profit growth

China Mobile Chairman Xi Guohua at the company's results briefing yesterday. He said 4G services should be cheaper than 3G due to technology advancement. Photo: Edward Wong

China Mobile said net profit fell 5.9 per cent to 121.7 billion yuan (HK$153.6 billion) last year due to heavier investments in infrastructure resources. It was the first time in 14 years that profits at the world's largest mobile company by subscribers failed to grow.

21 Mar 2014 - 5:20am

New VAT may drive China's mobile operators to cut costs

The mainland's telecommunications operators may reduce mobile subsidies and increase low-end product offerings. Photo: Reuters

The value-added tax that the mainland's telecommunications companies face later this year might force the three wireless operators to cut expenses, including subsidies promoting smartphone usage, analysts say.

Beijing would use the tax to replace the existing business tax in several service industries, including the telecommunications sector, Premier Li Keqiang reiterated this week.

8 Mar 2014 - 1:01am

China Unicom's 80b yuan spending plan to aid 4G introduction

Chairman Chang Xiaobing, at the briefing yesterday, says Unicom will continue with "seamless" 3G and 4G services. Photo: Jonathan Wong

China Unicom plans capital expenditure of 80 billion yuan (HK$101.2 billion) this year, with the outlay supporting its high-speed network with the launch of 4G services next month. It aims to extend coverage to more than 300 cities by December.

28 Feb 2014 - 5:04am

China's 4G network operators face profit challenge in services expansion

Competition in the mainland's 4G business is likely to intensify later this year when the Big Three speed up their expansion. Photo: Xinhua

Profits at the mainland's three leading telecommunications network operators are expected to be squeezed in the first couple of years of their expansion into 4G mobile services, analysts say.

22 Jan 2014 - 4:28am

Speed comes at a price for Chinese carriers

Chinese mobile subscribers are notoriously frugal and will be reluctant to pay a high price to upgrade to 4G services. Photo: Reuters

Faster isn’t necessarily better for China’s telecom carriers as they prepare to roll out high-speed 4G mobile-phone networks at the expense of their profitability for years to come.

30 Oct 2013 - 2:23am 2 comments

China Unicom (Hong Kong) net profit surges 51 per cent on strong 3G sales

China Unicom's first-half profit rose 55 per cent to 5.3 billion yuan.

China Unicom (Hong Kong), the mainland's second-largest wireless network operator, yesterday posted a 51 per cent increase in third-quarter net profit, driven by robust 3G subscription.

25 Oct 2013 - 3:23am

Unicom's 4G update expected soon

Unicom had 272.76 million mobile subscribers at the end of last month.

China Unicom (Hong Kong) could shed more light on its 4G mobile infrastructure expansion plans when it reports its financial results for the third quarter on Thursday, easing concerns about its capital spending next year.

21 Oct 2013 - 10:17am

Unicom sees hot rush for new iPhone models

Unicom sees hot rush for new iPhone models

China Unicom, which operates the mainland's second-largest wireless network, says it has received more than 100,000 online reservations for Apple's new iPhone 5C and 5S since the devices were unveiled last week.

18 Sep 2013 - 3:08am

China Unicom trial network targets 4G licence

Chairman Chang Xiaobing says it is too early to predict the costs of the 4G trial. Photo: Jonathan Wong

China Unicom (Hong Kong) will soon start construction of a trial network using time-division long-term evolution (TD-LTE) technology, the high-speed 4G mobile standard backed by Beijing.

9 Aug 2013 - 4:40am

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