Report
Dan Baker
EUR 100.00 For Business Accounts Only

China Unicom's Strong Underlying 1Q Result Foreshadows Solid Full Year

China Unicom’s underlying first-quarter result was positive, with mild revenue growth and strong profit growth despite the government’s mandated removal of data roaming fees in July 2018 driving mobile services revenue into decline. With the effect of the mobile data fee removal set to wash through in the second half of the year, the company appears set to produce strong profit and cash flow growth this year. First-quarter services revenue growth of 0.3% consisted of fixed services revenue up 9....
Underlying
China Unicom (Hong Kong) Limited

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.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Dan Baker

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