China Unicom (CHU) added 3.25M users to its 3G network in November, increasing its total to over...
Wednesday, December 19, 2012, 5:56 PM ETChina Unicom (CHU) added 3.25M users to its 3G network in November, increasing its total to over 73M. That's roughly even with the 3.2M added in October, and likely a sign of further 3G share gains. The fact CHU is the only Chinese carrier to use the widely-adopted W-CDMA 3G standard gives it an edge in phone selection. CHU has said it expects to sell 140M 3G phones next year - those sales benefit Qualcomm, which collects royalties on them (unlike with 2G-only phones). Bigger rival China Mobile (CHL) expects to sell 100M+ TD-SCDMA 3G phones in 2013.
TECH ETFs IN FOCUS
Latest Tech Articles