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China Unicom H1 profit up 69% on lower revenues
2017-08-14 09:08:00| Telecompaper Headlines
(Telecompaper) China Unicom said it expects its service revenue for the first half of 2017 to reach CNY 124.1 billion, which represents an increase of 3.2 percent year-on-year. Mobile service revenue is expected to be around CNY 76.8 billion, up by 5.2 percent year-on-year. Due to the intense competition in the fixed-line broadband market, China Unicom estimates its broadband access revenue fell year-on-year, resulting in flat fixed-line service revenue of nearly CNY 46.6 billion.
Tags: china
lower
profit
revenues
Category:Telecommunications