China Unicom Aims to Add 10 mln 3G Users in 2010-Shanghai Metals Market

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China Unicom Aims to Add 10 mln 3G Users in 2010

Data Analysis 04:29:43PM Mar 26, 2010 Source:SMM

BEIJING, Mar. 26 -- China Unicom (Hong Kong) Ltd, the country's No. 2 telecom operator, aims to add more than 10 million 3G subscribers by the end of 20110, Chairman Chang Xiaobing said on Tuesday.

The monthly increase in the number of its 3G users is expected to be more than 1 million, and its 3G average revenue per user will remain more than RMB 100, Chang said.

In February, the company added only 470,000 subscribers for its 3G business, bringing the total to 4.07 million, while the net addition of 3G users in January and December reached 853,000 and 920,000, respectively.

China Unicom invested heavily in its 3G mobile business last year, and the number of its 3G subscribers hit 2.74 million at the end of December 2009. The ARPU of 3G subscribers reached RMB 141.7.

In 2010, the company expects its capital expenditure to reach RMB 73.5 billion, down from RMB 112.5 billion a year earlier, Chang said.

 

Key Words:  3G  China economy macroeconomy 

China Unicom Aims to Add 10 mln 3G Users in 2010

Data Analysis 04:29:43PM Mar 26, 2010 Source:SMM

BEIJING, Mar. 26 -- China Unicom (Hong Kong) Ltd, the country's No. 2 telecom operator, aims to add more than 10 million 3G subscribers by the end of 20110, Chairman Chang Xiaobing said on Tuesday.

The monthly increase in the number of its 3G users is expected to be more than 1 million, and its 3G average revenue per user will remain more than RMB 100, Chang said.

In February, the company added only 470,000 subscribers for its 3G business, bringing the total to 4.07 million, while the net addition of 3G users in January and December reached 853,000 and 920,000, respectively.

China Unicom invested heavily in its 3G mobile business last year, and the number of its 3G subscribers hit 2.74 million at the end of December 2009. The ARPU of 3G subscribers reached RMB 141.7.

In 2010, the company expects its capital expenditure to reach RMB 73.5 billion, down from RMB 112.5 billion a year earlier, Chang said.

 

Key Words:  3G  China economy macroeconomy