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Tag: unicom
Baidu, JD.com to invest in China Unicom - report
2017-07-24 10:54:00| Telecompaper Headlines
(Telecompaper) Chinese internet search provider Baidu and e-commerce company JD.com, and other Chinese technology companies will jointly invest nearly USD 12 billion in state-owned operator China Unicom, Reuters reports, citing two unnamed people with direct knowledge of the matter. Back in July, press reports claimed Alibaba and Tencent would be among the new investors putting around USD 10 billion into China United Network Communications, a China Unicom unit.
Tags: report
china
invest
baidu
China Unicom still negotiating with potential new investors
2017-07-24 02:00:00| Total Telecom industry news
China Unicom on Monday said it is still negotiating with potential investors, following a report that search provider Baidu and e-commerce firm JD.com are in the frame. China Unicom "is not aware of the source of information in those media reports and has not entered into any legally binding documents…read more on TotalTele.com »
Tags: china
potential
investors
negotiating
China Unicom successfully completes first 5G NR field test
2017-07-10 02:00:00| Total Telecom industry news
The base station was deployed at under 6GHz with massive MIMO, LDPC (low-density parity check) and other key 5G technologies. The test, in Shenzhen, China, used the 3.5GHz frequency band with a 100MHz bandwidth, and was conducted by ZTE together with the Guangdong branch of China Unicom…read more on TotalTele.com »
Tags: china
test
field
successfully
China Unicom CEO confident of turnaround despite 80% drop in H1 net profit
2016-08-18 02:00:00| Total Telecom industry news
Wang Xiaochu brushes off reduction in earnings, and says operator laid the foundations for future success during the opening half of 2016.
China Unicom H1 results fall on tower costs, slow 4G take-up
2016-08-17 11:44:00| Telecompaper Headlines
(Telecompaper) China Unicom reported a fall in first-half results, as the operator struggles to keep up in the emerging 4G mobile market in China. The company's operating revenues fell 3.1 percent to CNY 140.26 billion, and EBITDA was down 18.2 percent year-on-year to CNY 41.28 billion. The EBITDA margin dropped by 8.1 percent points to 33.9 percent. In line with Unicom's earlier profit warning, net profit for the six months declined 79.6 percent to CNY 1.43 billion.
Tags: results
china
fall
costs
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