Marbridge Daily

<- March 07, 2008 ->

Unicom to Invest RMB 20 bln in GSM Expansion

Beijing Times, 3/07/08

China Unicom Group (NYSE: CHU; 0762.HK; 600050.SH) chairman Chang Xiaobing has indicated that this year's telecom restructuring will not cause the operator to cut network investment. Investment for the year will be at least RMB 20 bln, to be spent on upgrading of its GSM network.

 
Keywords: capex, strategy, 0762.HK, 600050.SH, Chang Xiaobing, China Unicom, CHU, GSM, restructuring, telecom, wireless

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