China Unicom said that its service revenue in the first half of 2009 amounted to 74.51 billion Chinese yuan (10.9 billion US dollars), representing a like-for-like decline of 4% over the same period of last year. The company said: "With the restructuring of telecommunications industry and the issuance of the 3G license, industry competition environment has become increasingly complicated."
Service revenue in Unicom's GSM business climbed almost 6% to 34.19 billion yuan, while service revenue in the fixed-line business declined 10% on a like-for-like basis to 40.19 billion yuan. Revenue from fixed-line broadband services was 11.73 billion yuan, representing an increase of 10% over the same period of last year. China Unicom also said that revenue from GPRS-based services reached 1.32 billion yuan. source: China Unicom statement
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