3G Shows Promise for China Unicom

China Unicom said that its operating revenue in the first half of 2010 rose 7.6% year-on-year to 82.11 billion yuan (12.07 billion US dollars), lifted by a 17.7% rise in mobile revenues. China Unicom said its 3G service revenue rose to 3.975 billion yuan in the first half from 769 million yuan in the whole of 2009.

China Unicom said it now has 153,000 3G base stations and 306,000 2G base stations, while the capacity of its core network is now 6,337 Gbps. The Chinese operator added that it spent 33.2 billion yuan (40% of sales) on capex in the first half of 2010 out of its annual budget of 73.7 billion yuan. source: China Unicom presentation