China Unicom Recovering Well but Data Roaming Removal (Hopefully) a Speed Bump
China Unicom’s 2018 result was positive with a recovery in profitability although mobile revenue growth slowed drastically in the second half due to the government’s mandated removal of data roaming fees in July 2018. Concerns about potential future government pricing edicts and upcoming 5G capital expenditure remain but with a vastly improved balance sheet and improved financial performance China Unicom now looks much better placed to address those challenges. Full-year services revenue growth ...China Unicom (Hong Kong) is an investment holding company. Through its subsidiaries, Co. is a telecommunications operator in China. Co. is engaged in providing mobile voice, fixed-line voice, fixed-line broadband, data communications and other telecommunications services to its customers.Co. is engaged in the provision of cellular and fixed-line voice and related value-added services, broadband and other Internet-related services, information communications technology services, and business and data communications services. The GSM cellular voice, WCDMA cellular voice, TD-LTE cellular voice, LTE FDD cellular voice and related value-added services are referred to as the .mobile business.
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