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China Unicom (Hong Kong) Limited (CHU)

  • Feb. 22, 2012, 9:09 AM
    China's mobile subscriber base closed in on the 1B mark in January, growing another 1.2% M/M to 987.6M. Top carrier China Mobile (CHL) saw its base grow to 655.4M subscribers= (53.9M 3G users). China Unicom's (CHU) base reached 202.9M subs (43.1M 3G). And China Telecom (CHA), which just struck a deal with Apple, saw its base reach 129.3B subs (38.7M 3G).
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  • Feb. 21, 2012, 9:17 AM
    As expected, #3 Chinese carrier China Telecom (CHA) announces it will begin selling the iPhone 4S. Until now, #2 China Unicom (CHU) had been the only Chinese carrier authorized to sell the iPhone. China Mobile (CHL), the world's largest carrier, could strike a deal after Apple (AAPL) introduces the iPhone 5, which might support China Mobile's nascent 4G LTE network. (previously)
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  • Feb. 7, 2012, 9:00 AM
    Premarket gainers: CSTR +19%. CVM +11%. SPF +10%. SHPGY +5%. S +5%. AMLN +4%. NBG +4%. PRGO +3%. HGSI +3%. CLF +3%. CHU +3%.
    Losers: NSU -22%. CFX -10%. ASTX -10%. BPAX -6%. LPL -5%. THLD -5%. SBH -4%. ALU -4%. ZOLT -4%. FRO -3%. VHPM -3%. CTIC -3%.
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  • Jan. 30, 2012, 9:32 AM
    Apple (AAPL) could sell as many as 57M iPhones/year in China within a couple of years, claims Morgan Stanley's Katy Huberty. Huberty's forecast assumes China Telecom (CHA) and China Mobile (CHL) get their hands on the device, and see a rate of adoption similar to what China Unicom (CHU) has seen. In 2011, Apple sold roughly 89M iPhones worldwide. (previously)
  • Jan. 30, 2012, 9:00 AM
    Premarket gainers: PBY +25%. GTXI +24%. TNB +23%. AMLN +14%. LCC +7%. ARNA +7%. PTNR +4%.
    Losers: CTIC -18%. PMC -14%. DB -6%. ING -5%. BCS -5%. MT -5%. CHU -4%. STD -4%. AKS -3%. DANG -3%. PLX -3%. PT -3%. JASO -3%. KOG -3%. X -3%. ANR -3%. RIG -3%.
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  • Jan. 18, 2012, 2:51 PM
    China Unicom (CHU), the only Chinese carrier authorized to sell the iPhone (for now, anyway), has begun selling prepaid Android phones at a price of just $158. Moreover, Digitimes' sources claim rivals CHL and CHA are likely to follow suit. The arrival of cheaper Android phones could prove a headache for local chipmaker Spreadtrum (SPRD), which has a weak position in the smartphone processor market. (previously)
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  • Jan. 13, 2012, 3:23 AM
    Apple (AAPL) aborts retail sales of the iPhone 4S in China after customers queuing overnight in freezing temperatures became aggressive in a botched debut that saw the flagship store fail to open while other stores sold out of the phone in one day. Not quite what China Unicom (CHU) had in mind when it said it planned to aggressively promote the iPhone 4S.
  • Jan. 9, 2012, 12:25 PM
    The Chinese government has approved an iPhone that appears to be built for China Telecom's (CHA) EV-DO 3G network. Thus far, Apple (AAPL) has only been able to officially sell the iPhone in the Middle Kingdom through China Unicom (CHU), though the 4S' inclusion of an EV-DO modem has led to widespread speculation (I, II) that China Telecom would be added as a partner.
  • Jan. 6, 2012, 11:44 AM
    China Unicom (CHU) plans to be aggressive with its iPhone 4S promotions. The carrier, which will begin selling the 4S on Jan. 13, will offer the 32GB model for free with a 3-year contract for a $46/month plan. Nonetheless, the plan could still be out of the price range of many Chinese consumers: Unicom's average revenue per 3G user in 1H '11 was less than $19.
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  • Jan. 4, 2012, 12:23 PM
    In a stroke of good-timing, the iPhone 4S goes on sale in China a mere 10 days before the widely-celebrated Chinese New Year. Still unanswered about the launch: Will China Unicom (CHU -1.1%) hold on to its exclusive status as the only AAPL carrier or will rivals China Mobile (CHL -0.6%) and China Telecom (CHA -1.5%) gain access? Right now, CHL is the market share leader with 70%, compared to 20% for CHU and 10% for CHA.
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  • Dec. 27, 2011, 4:46 PM
    More than 2 months after it made its U.S. debut, the iPhone 4S (AAPL) may be cleared for sale in China. People's Daily reports the 4S has met the requirements set by Chinese regulators, and is expected to be available in early January. One big question is whether China Telecom (CHA) will join China Unicom (CHU) in offering the device. China recently passed the U.S. as the world's largest smartphone market. (earlier)
  • Dec. 27, 2011, 9:32 AM
    China Unicom (CHU) reportedly plans to offer Android phones featuring 4"+ displays and 1GHz. processors from Qualcomm (QCOM) or Taiwan's MediaTek at prices below $237. Unicom is currently the only Chinese carrier authorized to sell the iPhone, which it offers at much higher unsubsidized prices.
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  • Nov. 8, 2011, 9:59 AM
    A report on a Chinese website (translation) claims China Unicom (CHU) will offer the iPhone 4S (AAPL) by year's end, citing the company's President. Unicom, China's second-largest wireless carrier, already carries the iPhone 4, but the timing of the 4S' arrival on its 3G W-CDMA network has been a matter of speculation.
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  • Nov. 2, 2011, 9:00 AM
    Premarket gainers: HGG +15%. MELA +11%. GRMN +10%. MGIC +9%. MA +7%. JDSU +6%. AUO +5%. CHU +5%. EXEL +5%. RENN +5%. RDN +5%. NBG +4%. HAL +4%. AKS +4%. BAC +4%. LNG +4%. PCS +3%. MS +3%. FCX +3%. SIRI +3%. S +3%. C +3%. AA +3%.
    Losers: DMND -16%. OPEN -13%. VG -12%. HGSI -7%. BDX -6%. LYG -5%. CTSH -4%.
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  • Oct. 27, 2011, 10:56 AM
    China Unicom (CHU -2.5%) trades lower after posting a Q3 net profit of $248M, slightly below analyst estimates. Unicom, which claims over 189M wireless subscribers and is currently the only Chinese carrier selling the iPhone (AAPL), says its ARPU rose 9% Y/Y.
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  • Oct. 25, 2011, 1:27 PM
    China Mobile's (CHL) CEO says the carrier has 10M iPhone users on its 2G GSM network, even though rival CHU is the only Chinese carrier authorized to sell the device. He adds Apple (AAPL) has promised to develop an iPhone supporting the TD-LTE 4G standard China Mobile, which currently has over 633M subscribers, intends to adopt.
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Company Description
China Unicom (Hong Kong) Ltd though its subsidiaries, provides cellular and fixed-line voice and related value-added services, broadband and other Internet-related services, ICT services, and business and data communications services in the PRC.
Sector: Technology
Country: China