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China Unicom To Spend RMB20B On GSM Update
3G, 600050.SH, 762.HK, CHU, Chang Xaiobing, China Unicom, GSM, Telecom
Editorial Summary
China Unicom (NYSE: CHU, 762.HK, 600050.SH) intends to spend at least RMB20 billion on GSM network updates in 2008, reports Beijing Times quoting China Unicom president Chang Xiaobing on March 6. Chang said 2008 is a good year for telecom restructure and 3G licenses.
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