Thursday, August 23, 2012
Unicom Claims Market Share Gain
China Unicom said that its operating revenues rose 20% year-on-year in the first half of 2012 to 121.69 billion Chinese yuan (19.14 billion US dollars). Service revenues rose 13.3% fueled by a 23.4% lift in mobile revenues. Unicom claimed to have gained 1.6 percentage points of market share over the 12 months to June 30th, giving it 23.1% of the Chinese telecoms market.
Unicom attributed most of the growth to a sharp rise in 3G service revenues, as its 3G subscriptions rose 140% year on year to more than 57.5 million. source: China Unicom presentation
Labels: More East Asia telecoms
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