Saturday, 24 June 2017

China Unicom cuts costs to grow earnings

By Mary Lennighan, Total Telecom
Friday 21 August 15

Chinese telco reports 4.5% growth in net profit after reducing sales and marketing expenses.

China Unicom was the only one of China's big three telcos to post an increase in net profit for the first half of 2015, thanks to cost cutting efforts. The operator's bottom line came in at 6.99 billion yuan (€970 million) in the six months to the end of June…

China Unicom was the only one of China's big three telcos to post an increase in net profit for the first half of 2015, thanks to cost cutting efforts. The operator's bottom line came in at 6.99 billion yuan (€970 million) in the six months to the end of June…

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