Forbes  Oct 2  Comment 
China Unicom, China's second largest wireless operator, has been having a tough year so far, losing roughly 11 million wireless customers year-to-date (around 4% of its customer base). The carrier’s problems stem from hiccups in its 4G network...
Market Intelligence Center  Sep 15  Comment 
China Unicom (Hong Kong) Ltd (CHU) traded between $13.32 and $13.44 before closing at $13.39 Monday and presents some attractive trading opportunities today. MarketIntelligenceCenter.com’s patented algorithms selected a Apr. '16 $13.00 covered...
Forbes  Aug 24  Comment 
China Unicom registered 4.5% year-over-year growth in its first half 2015 net income, making it the only large Chinese carrier to post earnings growth for the first half of the year. Earnings were driven primarily by lower selling and marketing...
Financial Times  Aug 24  Comment 
Reform plan will see assets of China Mobile, China Unicom and China Telecom combined in new ways
Cellular News  Jul 21  Comment 
Huawei, Shanghai Shendi Group, general agent of Disney China, and China Unicom Shanghai have signed the first global 4.5G network strategic cooperation agreement, Click here for more.
Cellular News  Jul 15  Comment 
Telefonica and China Unicom have entered into a collaboration with the purpose of selecting smartphones based on shared specifications, Click here for more.
Cellular News  Jul 7  Comment 
Alcatel-Lucent says that it has signed frame agreements with China Mobile and China Unicom to facilitate the transition to dynamic cloud-based networks. Click here for more.
newratings.com  Jul 2  Comment 
PARIS (dpa-AFX) - Alcatel-Lucent (ALU) said it has signed comprehensive frame agreements with China Mobile and China Unicom, two of the world's largest telecommunications operators, to facilitate the transition to dynamic cloud-based...


Beijing-based China Unicom Limited (China Unicom) provides a wide range of telecommunication services throughout China. With approximately 30% of the total mobile phone users in China, China Unicom is the second largest mobile operators in China behind China Mobile. The company's primary source of revenue is its wireless services, which are based on both the global system for mobile communications (GSM) and code division multiple access (CDMA) technologies. Other telecom services provided by China Unicom include domestic and international long distance and Internet services. As of 2006, revenues from GSM business and CDMA business each accounted for 63% and 29% of total revenue, respectively. Data and internet business, long distance business and sales of telecommunications products totally accounted for 8% of the total revenues. China Unicom is currently the sole provider of CDMA services in China. As of December 31, 2007, the company had 119 million GSM subscribers and 41 million CDMA subscribers.

China Unicom's net income for the third quarter of 2007 increased 114% over the same period of 2006 because of its rapid growth of GSM revenue and cost control. However, the net income still didn't meet the market consensus. The company still faces fierce competition from aggressive GSM pricing offered by China Mobile. It maintains separate GSM and CDMA networks, which dilutes management focus and operating efficiency. CDMA is expected to be Unicom's future growth driver, but high infrastructure and handset costs place it at a disadvantage to China Mobile's GSM service. Unicom's growth potential through CDMA is offset by competitive threats and high costs relative to GSM. However, the company was able to increase its profit margins because of cost controls. Moreover, although its stock price increased significantly due to market speculation, the stock appears fairly valued, considering the possible restructuring in telecom industry in China and its 3G opportunities in China. Thus, we maintain our Hold recommendation.


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki