SGX:K3ID - China Unicom (Hong Kong) Ltd CHU ADR US$
Sector: Communication Services, Industry: Integrated Telecommunication Services
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Yahoo Finance Note: This stock seems to be inactive

USD 5.92    +0.0 (+0%)

24 May 2021


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General

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 December 2022, it had 323 million billing wireless customers and around 104 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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