Unicom Budgets RMB 80 Bln for WCDMA in 2009
CCTIME, 12/08/08
A source at China Unicom (NYSE: CHU; 0762.HK; 600050.SH) familiar with the situation says the operator has already passed a budget of RMB 80 bln for WCDMA network construction next year, and asked province-level executives for their 2009 WCDMA investment plans in a phone conference today.
Editor's Note: Earlier reports in August estimated that Unicom would spend RMB 100 bln on its 3G expansion in 2009 and 2010. For more background on this topic, please see "
Keywords: capex 0762.HK 2009 3G 600050.SH China Unicom CHU network construction WCDMA wireless
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