Marbridge Daily

<- March 15, 2012 ->

China Unicom to Invest RMB 80-100 Bln in Shaanxi

CNR, 3/14/12

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has signed a strategic cooperation agreement with New Xi'xian District, Shaanxi, whereby China Unicom will invest approximately RMB 2 bln for the construction of the company's Northwest China Internet data and call center base. In the next three years, China Unicom will invest RMB 80 to 100 bln in support of Shaanxi's information technology infrastructure development.

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