Feb 21 - China Unicom Sees Stable Growth in 3G Users

Source: Netease, ChinaScope Financial (Data)

+       On February 20, China United Network Communications Ltd. (China Unicom) (SSE: 600050; HKEX: 0762) published its operational data for January 2012 on the HKEX.

+       Mobile services: the number of 2G users totaled 159.82 million, with a net increase of 182,000; the number of 3G users totaled 43.07 million, with a net increase of 3.05 million (including 200,000 3G wireless users).

+       Fixed-line services: the number of local telephone users totaled 92.51 million, with a net reduction of 341,000; the number of broadband users totaled 56.58 million, with a net increase of 924,000.

Subscriber growth of 3G maintains its single digit growth, while for 2G, it has started to level off.

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