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China Unicom Adds Only 83,000 Mobile Subs in September 2019

Marbridge Consulting, 10/21/19

Telecom operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has announced its subscriber totals for the month of September 2019, with a net addition of just 83,000 mobile billing subscribers to reach a total mobile billing user base of 324.73 mln. Of the total, 251.15 mln were 4G subscribers, with a net addition of 3.35 mln LTE subs during the month.

September marked the fifth consecutive month in which Unicom posted a net addition of fewer than 200,000 mobile subs, following net additions of just 57,000, 24,000, 109,000, and 184,000 in May, June, July, and August, respectively. In the first 9 months of 2019, the operator has added a net monthly average of just 1.08 mln new mobile subs, compared to a net monthly average of 2.85 mln during the same 9-month period of 2018.

China Unicom lost 0.008 mln fixed-line telephone subscribers in September, dropping its total to 54.25 mln. The operator added 0.47 mln fixed-line broadband subscribers (registered accounts) in September, increasing its total to 84.45 mln.

Keywords: wireless China Unicom fixed-line broadband telecom 4G broadband subscribers 0762.HK 600050.SH CHU fixed-line subscribers mobile subscribers

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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