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Tag: unicom
China Telecom, China Unicom swap chairmen
2015-08-24 02:00:00| Total Telecom industry news
Wang Xiaochu, Chang Xiaobing take up new roles as China Mobile's Guohua retires.
Tags: china
telecom
swap
chairmen
China Unicom H1 profits up on lower costs, broadband growth
2015-08-21 10:35:00| Telecompaper Headlines
(Telecompaper) China Unicom reported revenues for the first half of 2015 down 3.3 percent from a year earlier to CNY 144.69 billion. Services revenue fell 5.3 percent, with mobile revenues down 9.7 percent to CNY 73.46 billion and fixed revenues up 2.2 percent to CNY 46.19 billion. Unicom blamed the drop on the changes to VAT in China and changes to its sales and marketing model. The latter resulted in reduced handset subsidies and operating costs, helping EBITDA for the period increase 5.8 percent to CNY 50.46 billion. Net profit was up 4.5 percent to CNY 6.99 billion. The operator highlighted the focus on broadband services, with 3G and 4G now accounting for 71.8 percent of mobile service revenue, up from 66.9 percent a year ago. The number of mobile broadband subscribers increased by 8.68 million in the six months to 157.79 million at the end of June, equal to 54.5 percent of total mobile subscribers, up by 6.8 percentage points over the same period last year. Data usage by handset subscribers grew by 47.4 percent year-on-year, and the average monthly data traffic for mobile broadband customers was up 34.1 percent.
Tags: china
lower
costs
growth
China Unicom cuts costs to grow earnings
2015-08-21 02:00:00| Total Telecom industry news
Chinese telco reports 4.5% growth in net profit after reducing sales and marketing expenses.
Alcatel-Lucent Signs CNY8.1 Billion Framework Agreements With China Mobile, China Unicom
2015-07-06 01:15:31| Telecom - Topix.net
According to the agreements, Alcatel-Lucent will support the transformation of the two carriers and help them build faster and more cost-effective nationwide mobile and fixed broadband networks. The annual agreement signed between Alcatel-Lucent and China Mobile is valued at CNY4.53 billion, which is about EUR656 million; and the one signed with China Unicom is valued at CNY3.59 billion, which is about EUR520 million.
Tags: china
mobile
signs
framework
Alcatel inks frame agreements with China Mobile, Unicom
2015-07-02 15:24:00| Telecompaper Headlines
(Telecompaper) Alcatel-Lucent said it has signed comprehensive frame agreements with China Mobile and China Unicom to facilitate the transition to dynamic cloud-based networks in China. Under the one year agreements valued at up to CNY 4.53 billion (China Mobile) and CNY 3.59 billion (China Unicom), Alcatel-Lucent will deliver its mobile and fixed ultra-broadband access, IP routing, agile optical networking and network functions virtualization (NFV) capabilities, as well as Nuage Networks' software defined networking (SDN) technologies. The deployments will also support China Mobile and China Unicom in meeting commitments to the 'Broadband China' initiative which aims to see full broadband coverage across the nation's rural and urban areas by 2020.
Tags: china
mobile
frame
agreements
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