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

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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
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Bien Perez

Bien Perez

Bien has worked at the Post since 2000. He has served as Post Magazine's technology editor and Technology Post's deputy editor. He was a guest host on Tech Specs in TVB’s Money Magazine show. He won runner-up, Best News Writing, at the 2008 Hong Kong News Awards.