Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

China Unicom to Add 25 Mln WCDMA Users in 2011

Sina Tech, 3/30/11

At a press conference for China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) annual earnings report in Hong Kong, GM Lu Yimin said that this year China Unicom planned to add 25 mln 3G subscribers, and substantially increase its handset subsidies to approximately 30% of revenue.

As of the end of 2010, China Unicom had 14.06 mln 3G subscribers.

Editor's Note: A previous rumor attributed in January to a source in Unicom's marketing department had said that the operator planned to add 50 mln new 3G subscribers in 2011. For more background on this topic, please see "Rumor: China Unicom to Add 50 Mln 3G Users in 2011," MD 1/17/11 issue.

Keywords: Lu Yimin China Unicom wireless 3G WCDMA 0762.HK 600050.SH CHU subsidy mobile subscribers forecast


Please note, all fields are required.
None of your personal information will be shared with third parties.



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.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports