22 Followers HKEX:762 - China Unicom (Hong Kong) Ltd China Unicom Hong Kong Ltd
Sector: Communication Services, Industry: Integrated Telecommunication Services
Next Earnings: 16 Apr 2024
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HKD 5.65    +0.09 (+1.62%)

28 Mar 2024


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General

Headquarters: HK

Description

China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.

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