What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Wednesday, March 24, 2010
Unicom Cuts Capex Sharply
After investing heavily in its mobile networks in 2009, China Unicom said that it will cut capex in by almost 35% to 73.5 billion yuan (10.8 billion US dollars) in 2010 with a 61% cut in spending on 2G networks and a 37% cut in 3G network spend. At the end of 2009, China Unicom had almost 148 million mobile subscribers including 2.74 million 3G customers. source: China Unicom presentation