China Unicom wireless business on growth path

China Unicom for mobile usersChina Unicom says its wireless business is on a growth path – considering the 6.7 percent growth achieved in mobile service revenue during the first three quarters of 2017.

China Unicom’s mobile service revenue rose 5.2 percent in the first half of 2017.

China Unicom in September 2017

Number of mobile subscribers 276.866 million
New mobile subscribers 3.823 million
Number of 4G subscribers 160.284 million
New 4G subscribers 7.563 million

Mobile service revenue of China Unicom is expected to be approximately RMB 117 billion and total service revenue will be RMB 187.9 billion (+4.1 percent). Growth in total service revenue was 3.2 percent in the first half of this year.

China Unicom made a profit of approximately RMB 4.1 billion (+155 percent) mainly due to robust service revenue growth and lower selling and marketing expenses and handset subsidies.

China Unicom ceased to charge mobile domestic long-distance and roaming fees from 1 September 2017.

China Unicom’s mobile billing subscribers registered a net addition of 13.04 million, reaching 277 million. China Unicom added 4G subscriber base of 55.73 million, reaching 160 million.