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Unicom Begins CDMA Network Assets Audit

Communications Weekly, 8/11/08

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has began a formal audit of its national CDMA network assets. A team consisting of 30 staff from various provincial Unicom outlets is now traveling to all provincial-level branches in the country, compiling statistics in a process expected to last until mid-September. The figures from the audit will form the definitive basis for the company's final terms of payment.

Keywords: 0762.HK 600050.SH CDMA China Unicom CHU network wireless restructuring

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