Monday, 20 November 2017

China Unicom new €10bn share sale to fund 4G growth

By Mary Lennighan, Total Telecom
Wednesday 23 August 17

Chinese operator aims to spend over €5 billion on 4G network upgrade and expansion, and a further €2.5 billion on 5G.

China Unicom has announced a new share sale that could enable it to raise close to €10 billion, funds that it will use predominantly for upgrading its 4G network and furthering 5G development. In a stock exchange announcement just days after it confirmed plans to welcome a raft of new investors…

China Unicom has announced a new share sale that could enable it to raise close to €10 billion, funds that it will use predominantly for upgrading its 4G network and furthering 5G development. In a stock exchange announcement just days after it confirmed plans to welcome a raft of new investors…

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