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China Unicom Estimates Profits Up 50% in 2008

China Unicom Press Release, 1/22/09

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has announced that it expects profit attributable to the equity holders of the company for 2008 to increase by more than 50% over the 2007 figure. The company attributed the results in part to the sale of its CDMA network to China Telecom (NYSE: CHA; 0728.HK) in October 2008.

Keywords: 0728.HK 0762.HK 600050.SH CHA China Telecom China Unicom CHU profit telecom wireless guidance


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