Monday, 26 June 2017

China Unicom full-year revenue, profits tumble

By Nick Wood, Total Telecom
Wednesday 16 March 16

Operator blames intense competition, tax reform for lagging performance.

China Unicom on Wednesday reported declines in revenue and earnings in 2015, but discussed how it will fight back in the fiercely-competitive mobile market. The telco generated revenue of 277.05 billion yuan (€38.29 billion) in the 12 months to 31 December, down from CNY284…

China Unicom on Wednesday reported declines in revenue and earnings in 2015, but discussed how it will fight back in the fiercely-competitive mobile market. The telco generated revenue of 277.05 billion yuan (€38.29 billion) in the 12 months to 31 December, down from CNY284…

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