China Unicom’s parent is seeking to raise funds from new investors ahead of a partial launch of 5G network services in 2019 and large-scale deployment from 2020. Photo: Xinhua

China Unicom to boost capital spending on back of fundraising by parent, says analyst

Shanghai-listed China United Network Communications expected to raise huge investment from new investors, which may include Alibaba and Tencent

Topic |   China Unicom

TOP PICKS

China Unicom’s parent is seeking to raise funds from new investors ahead of a partial launch of 5G network services in 2019 and large-scale deployment from 2020. Photo: Xinhua
READ FULL ARTICLE