Advertisement. Chen was previously an executive VP and director at China … China Unicom’s net profit in the first half of the year grew 10.1% year-on-year to CNY7.57 billion ($1.1 billion), while service revenue increased 4% to CNY138 billion. 'Tencent–Cinda Limited Partnership') that was owned by China Cinda Asset Management and a company related to Tencent,[nb 5] a private equity fund partially owned by Baidu[nb 6] and Industrial Bank (Chinese: 百度鹏寰投资合伙企业), a private equity fund that related to JD.com (Chinese: 京东三弘企业管理中心; lit. [36]:62, In October 2019, a group of U.S. senators urged the Federal Retirement Thrift Investment Board to divest U.S. pension money from any investment in China Unicom for providing telecommunications services to disputed artificial islands in the South China Sea. Talk, Text, Surf –Local rates, no international roaming charges! China Unicom Global is aimed to deliver direct and dedicate local support to customers outside Mainland China, including Asia Pacific, Americas, Europe, South Africa and the Middle East. China Telecom, China Mobile and Unicom apply to New York Stock Exchange to reverse delistings ordered by Donald Trump Enjoy a hassle-free fast WiFi connection (SSID: ChinaUnicom) and high-speed mobile internet service with our data or broadband plans designed to fit your needs – we make it easy to stay connected! CHINA UNICOM: Plans to build about 360k mobile broadband base stations in 2015. China United Network Communications Group Co., Ltd. (Chinese: 中国联合网络通信集团有限公司) or China Unicom (Chinese: 中国联通) (CUniq in short) is a Chinese state-owned telecommunications operator of China. [8] As of November 2008 the CDMA operations have been moved to China Telecommunications Corporation (China Telecom Group). [45], In December 2020, The Guardian reported that a security researcher identified evidence of surveillance campaign against Americans by China Unicom via Caribbean mobile phone networks. reserved [Business License: A2.B1.B2-20090003]. owned the operating subsidiaries of the group. Fill in your number, it will … See also : China Unicom mobile bitrates map and China Mobile, China Telecom mobile networks coverage. China Unicom, Huawei and their industry partners launch a 5G Capital Cube project. 'Jingdong Sanhong'),[nb 7] a public company Ali Venture Capital (Chinese: 阿里创业投资),[nb 8] a public company Suning Commerce Group and three minor private equity funds that was subscribed by companies such as Kuang-Chi and CRRC Group. In trading on Tuesday, shares of China Unicom Ltd (Symbol: CHU) crossed above their 200 day moving average of $6.30, changing hands as high as $6.50 per share. China Telecom Corporation Ltd., China Mobile Ltd. and China Unicom (Hong Kong) Ltd By S. Jack Heffernan Ph.D on January 3, 2021 The United States’ act of abusing national security to suppress Chinese enterprises is inconsistent with market rules and will weaken the confidence of all parties in the U.S. capital market, a spokesperson for China ’s Ministry of Commerce said Saturday. It was established on 24 June 2015, with its headquarter in Hong Kong. China Unicom (Hong Kong) Limited, through its subsidiaries, provides telecommunications services in the People's Republic of China. [citation needed], In July 2009, China Unicom signed a $700 million deal with infrastructure vendor Ericsson to upgrade the company's GSM network. [11], China Unicom (known as Chinese: 中国联合通信有限公司 at that time) was founded as a state-owned enterprise on 18 June 1994[1] by the Ministry of Railways, the Ministry of Electronics Industry [zh] and the Ministry of Electric Power Industry [zh];[12] the establishment was approved by the State Council in December 1993. [Photo provided to chinadaily.com.cn] China Unicom, a major Chinese telecom operator, and Huawei Technologies Co jointly announced the achievements of the 5G Capital innovation project with the theme of "Smarter, Together". On June 2, 2008, Netcom announced its intention to merge with China Unicom, after the latter sold its CDMA network to China Telecommunications Corporation. The intermediate parent company "China Unicom (Hong Kong) Limited" was "China Unicom (BVI) Limited", As of 31 December 2001[update], the BVI company owned 77.47% shares of China Unicom (H.K.). [citation needed], China Unicom has operated an internet services in the North Korea since 2010. [30] In January 2011, the two partners agreed a further US$500 million tie-up in each other, which following completion in late 2011, Telefónica will hold a 9.7% shares in China Unicom (H.K. Over the past decade, China Mobile shares have declined 15% including dividend payments, FactSet data show, while China Telecom has dropped 32% and China Unicom has fallen 54%. HK$11 billion. The state-owned enterprise was founded in 1994 (then as 中国联合通信有限公司) by the Chinese Government as a GSM operator. Jan 21 (Reuters) - China Unicom Hong Kong Ltd 0762.HK and China Mobile 0941.HK said on Thursday that they have requested the New York Stock … China Unicom, the second largest Chinese wireless carrier, published its full-year 2018 results on March 13.The company’s net profits for the year grew almost four-fold to … That Unicom’s SMS means replying SMS ‘MMCZ#9841’ to confirm the new password. China Netcom was a subsidiary of China Network Communications Group Corporation. Network coverage > China > China Unicom China Unicom 3G / 4G / 5G coverage map, China China Unicom cellular data network . China Unicom slipped 1%. In turn, China Unicom (H.K.) China Unicom is the world's fourth-largest mobile service provider by subscriber base. China Unicom’s 4G LTE Keeps you Connected. We’ve got you covered! Support your loved ones the easy way! The S&P 500 has gained 267% on the same basis and the MSCI World communications sector has gained 165%. It then reversed that decision earlier this week and announced that China Unicom … Help │ About China Unicom │ Contact Us │ Privacy Policy, © 2014 China Unicom, Inc. All rights Firstly, China Unicom and China Telecom’s 5G frequency bands are adjacent, only one set of equipment is needed to achieve 5G coverage. (Updates with Hong Kong traded shares in eighth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. [9] On 7 January 2009, China Unicom was awarded WCDMA license to expand its business to 3G telecommunication. Over the past decade, China Mobile shares have declined 15% including dividend payments, FactSet data show, while China Telecom has dropped 32% and China Unicom has fallen 54%. 9841 is a sample here, actually it’s a dynamic number. China Unicom is the world's fourth-largest mobile service provider by subscriber base. On June 2, 2008, China Unicom announced its intention to sell its CDMA business and assets to China Telecommunications Corporation (China Telecom Group) for a combined total of 110 billion RMB[9] and to merge the remainder of the company,[16][non-primary source needed] in a share swap valued at US$56.3 billion (based on Unicom's stock last traded price) on June 2, 2008, with China Netcom. China Unicom ended a ten-month search for a successor to president Li Guohua, appointing former deputy GM at rival China Telecom Chen Zhongyue (pictured) to the role.In a brief statement, China Unicom said Chen is second in command behind chairman and CEO Wang Xiaochu, with the new executive also named deputy party secretary and director. Check device compatibility Staying in Beijing, Shanghai, Guangdong or going for a walk in the historical Great Wall? By far, China Unicom has established 13 branches in countries and regions along the "Belt and Road Initiative" line. ), while the red chip company will own 1.4% shares of the Spanish firm. (HK$10.21 per share; by narrow band floating exchange rate approx. 您的密码已重置成功,请妥善保管。 Recharge China Unicom China online at Recharge. The Trump administration will restrict trades in 35 companies with ties to Chinese military, including China Mobile, China Telecom and China Unicom, on January 11. China Mobile gained 0.3% as of 11:42 a.m. Hong Kong Thursday, while China Telecom fell 2.2%. for HK$6.66 billion (HK$11.14 per share)[36]:379, During year 2016, Telefónica sold a further 1.51% shares of "China Unicom (H.K.)" China Unicom (Hong Kong) Limited, an investment holding company, provides cellular and fixed-line voice, and related value-added services in the People's Republic of China. So reply a text SMS which content is ‘MMCZ#9841’. We provide you with affordable and convenient voice and data plans with complementary WiFi so you can keep connected whenever you need, China Unicom Chairman and CEO Wang Xiaochu said that the operator would probably launch its 5G standalone (SA) service in the last quarter of 2020. China Unicom’s Offical Website The China Unicom’s online service is an online self-service platform on which users can make inquiries, find information, make transactions, activate services, pay the bills, buy products and get support. NYSE to delist China Mobile, China Telecom and China Unicom shares 04 January 2021 | Alan Burkitt-Gray The New York Stock Exchange (NYSE) said it would delist the shares of China Mobile, China Telecom and China Unicom, as a direct consequence of President Donald Trump’s executive order in November 2020 that identified all three as having connections with the Chinese military. Challenge China Unicom is one of the top three telecom operators in China, and to serve its 300 million users, the company runs several data centers with thousands of servers in each, using Docker containerization and VMWare and OpenStack infrastructure since 2016. [7], In April 2012, China Unicom was a founding member in the formation of Cloud Computing Industry Alliance in Beijing. Re-enter your mobile number to confirm +86 . LuHan also officially unlocked his new identity and became a "China Unicom Innovation Partner", with the "FuLu companion card" to bring exclusive benefits and surprises to the majority of Unicom users. The S&P 500 has gained 267% on the same basis and the MSCI World communications sector has gained 165%. China Unicom Global Limited is a wholly owned subsidiary of China United Network Communication Group Company Limited. 3-in-1 size SIM cards fit all smartphones, tablets and personal Wi-Fi devices. This map represents the coverage of China Unicom 2G, 3G, 4G and 5G mobile network. Find out if your iPhone model supports China Mobile, China Unicom, or China Telecom's LTE/4G, 3G, or 2G networks. [40][41], In October 2020, the Federal Communications Commission issued a letter requesting that the United States Department of Justice opine whether China Unicom poses a national security risk. Talk, text, surf or do several things at once on China Unicom’s blazing fast 4G network with a local SIM card. [31] The companies also agreed to deepen their cooperation in areas such as procurement, mobile service platforms, service to MNC's wholesale carriers, roaming, technology, among others, where both companies have been cooperating since the signature of their strategic alliance agreement. We’ve got you covered! [28], China Unicom Global Limited is a wholly owned subsidiary of China United Network Communication Group Company Limited. Chen fits the profile of nearly all senior executives at China's state telcos. The telecommunications companies advised investors to … See the tables below for details. Recharge China Unicom China online at Recharge. text and internet browsing; complemented with high-speed WiFi hotspots. A robust GSM/WCDMA/4G LTE network with nationwide coverage you can count on for voice, China Mobile's shares were up 9.1%, while China Telecom had gained 8.7% and China Unicom had popped 13.6% as of 10:56 a.m. EST. In 2009, China Unicom (Hong Kong) agreed a US$1 billion cross-holding with Spain's Telefónica. Find out if your unlocked phone or mobile device will work with China Unicom (China). The group had a subsidiary China United Network Communications Limited (Chinese: 中国联合网络通信股份有限公司) which its A shares were traded in the Shanghai Stock Exchange (SSE: 600050), while an indirect subsidiary of the A share listed company, Hong Kong incorporated China Unicom (Hong Kong) Limited (Chinese: 中国联合网络通信(香港)股份有限公司) listed its shares in Stock Exchange of Hong Kong as a red chip company (SEHK: 762) and in the New York Stock Exchange as American depository share (NYSE: CHU). [20], In 2017 the A share listed company of the group introduced 10 strategic investors: state-controlled China Structural Reform Fund [zh], state-controlled listed company China Life Insurance, a private equity fund (Chinese: 腾讯信达有限合伙企业; lit. [14]:23 The BVI company owned 77.47% shares of the red chip company. Because we focus on what you need, whether you travel for a week or live in China, Your face fits. Company Overview China Unicom (中国联通) is the second largest mobile network operator and telecommunications service provider operating in the Peoples Republic of China. [39] In August 2020, the United States Department of Defense published the names of companies operating directly or indirectly in the United States with ties to the People's Liberation Army. [26][27], In the same year, the fund raised by the A share company was injected to the Hong Kong incorporated red chip company, via "China Unicom (BVI) Limited", for HK$13.24 per share (for a maximum of 6.64 billion share / HK$88 billion). In 2002, another intermediate parent company "China United Network Communications Limited" was established in Shanghai (headquartered in Beijing), to own 51% stake of "China Unicom (BVI) Limited" as well as listing the shares in the Shanghai Stock Exchange. [7] As of the end of April 2008[update], the company had 125 million GSM subscribers and 43 million CDMA subscribers. The S&P 500 has gained 267% on the same basis and the MSCI World communications sector has gained 165%. for HK$2.822 billion (HK$7.8 per share),[36]:379[37] As of 31 December 2016[update] Telefónica owned 1% shares of the red chip company (decreased from 2.51% year-to-yearly), as well as Telefónica's director César Alierta, still served as a director of "China Unicom (H.K.)". China Netcom was a subsidiary of China Network Communications Group Corporation. The China Unicom Group is the parent of China Unicom Hong Kong, a listed stock in Hong Kong. US$1.4 billion), via an unlisted subsidiary "China Unicom Group Corporation (BVI) Limited". [42] In November 2020, Donald Trump issued an executive order prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included China Unicom. Enjoy a hassle-free fast WiFi connection (SSID: ChinaUnicom) and high-speed mobile internet service with our data or broadband plans designed to fit your needs – we make it easy to stay connected! China Unicom strongly denied the allegations. Step 4. [10] UMTS (Universal Mobile Telecommunications System) was launched in major cities across China on May 17, 2009. In turn, China Unicom (H.K.) Use it for Surfing, Talking and Texting! The China Unicom Group is the parent of China Unicom Hong Kong, a listed stock in Hong Kong. 4.6% of the share capital) of the red chip company from Telefónica for an approx. Enjoy a hassle-free fast WiFi connection (SSID: ChinaUnicom) and high-speed mobile internet service with our data or broadband plans designed to fit your needs – we make it easy to stay connected! [12], In February 2000 a subsidiary "China Unicom Hong Kong" was incorporated in Hong Kong and was listed on the Hong Kong Stock Exchange on June 22, 2000. China Unicom has appointed Chen Zhongyue its new president and executive director, succeeding Li Guohua who retired last March. whether strolling through the park in Shanghai, visiting one of Beijing’s museums or enjoying the sunshine in Hainan – you are in control! US-listed ADSs account for about 1 per cent of China Unicom’s total share capital and 0.57 per cent of China Telecom’s shareholder base. Prepaid SIM card in China • Mobile Plans | China Unicom Bring your "unlocked" smartphone! check out the prepaid mobile plans that give you flexibility and control over your spending. Fill in your number, it will be recharged automatically with the amount of your choice. In trading on Tuesday, shares of China Unicom Ltd (Symbol: CHU) crossed above their 200 day moving average of $6.30, changing hands as high as $6.50 per share. Merger with China Unicom. Shares of China Unicom (NYSE:CHU) plummeted after the New York Stock Exchange said in a statement late Wednesday that it would move forward with delisting the … China Mobile was among the first so-called red-chip companies to list in New York in 1997, joined by China Unicom in 2000 and China Telecom in 2002. The operating subsidiaries of the group were under China Unicom (Hong Kong). It was established on 24 June 2015, with its headquarter in Hong Kong. [43][44], In response, the NYSE announced that it would delist China Unicom. China Unicom ended a ten-month search for a successor to president Li Guohua, appointing former deputy GM at rival China Telecom Chen Zhongyue (pictured) to the role.In a brief statement, China Unicom said Chen is second in command behind chairman and CEO Wang Xiaochu, with the new executive also named deputy party secretary and director. China Unicom calls its Wo-Cloud service “a base in the cloud for all your data.” With the construction of a new cloud data center in Guian set to underpin this service, the Chinese telco has sealed its commitment to stimulating change through innovation and … Challenge China Unicom is one of the top three telecom operators in China, and to serve its 300 million users, the company runs several data centers with thousands of servers in each, using Docker containerization and VMWare and OpenStack infrastructure since 2016. [citation needed]. Holders of US American shares of China Mobile, China … Enjoy China Unicom’s blazing fast 4G LTE network to keep connected when traveling to China. Talk, text, surf or do several things at once on China Unicom’s blazing fast 4G network with a local SIM card. Staying in Beijing, Shanghai, Guangdong or going for a walk in the historical Great Wall? I have a Pre-paid China Unicom connection in Beijing and need to have access to my number in India.. Can anybody suggest/help me to know if the number will be functional in India or do I need to get some services activated, other than International Roaming. Talk, text, surf or do several things at once on China Unicom’s blazing fast 4G network with a local SIM card. However, the group has subsidiaries that involve in equity investment, such as "China Unicom Group Corporation (BVI) Limited", which were not injected to either listed companies. Immediate after the deal, Telefónica still owned 5% of China Unicom (H.K.). China Unicom slipped 1%. [32][33], In June 2012, China United Network Communications Group (China Unicom Group), the ultimate parent company of Hong Kong listed company "China Unicom (Hong Kong)", had agreed to buy back about 1.1 billion shares (approx. Hours after Joe Biden was sworn in as the 46th president of the United States, China’s three telecommunications companies filed requests with the New York Stock Exchange (NYSE) to review their delistings, seeking to reverse the November 2020 executive order by Donald Trump to expel them.China Mobile, China Telecom and China Unicom said they asked for the trading suspension and … Merger with China Unicom. Find the latest CHINA UNICOM (0762.HK) stock quote, history, news and other vital information to help you with your stock trading and investing. China Unicom (Hong Kong) Limited, through its subsidiaries, provides telecommunications services in the People's Republic of China. China United Network Communications Group Co., Ltd. (Chinese: 中国联合网络通信集团有限公司) or China Unicom (Chinese: 中国联通) (CUniq in short) is a Chinese state-owned telecommunications operator of China. ZTE and China Unicom have applied several power saving solutions in commercial 5G networks to reduce the power consumption of 5G terminals and extend the mobile battery life. The telecommunications companies advised investors to “exercise caution” when dealing in their securities. Wang Xiaochu, Lu Yimin and Li Fushen were also chairman and directors of China United Network Communications Limited; Shao Guanglu was also the director of China United Network Communications Limited, Jiang Zhengxin was also the chairman of the supervisory board (, One of the unit holder of the fund was indirectly owned by Baidu Netcom Science Technology (, The indirect unit holder of the private equity fund (, The stake of the company was 80% owned by, Universal Mobile Telecommunications System, Federal Retirement Thrift Investment Board, disputed artificial islands in the South China Sea, "North Korea appears to have a new Internet connection — thanks to the help of a state-owned Russian firm", "ROUNDUP China Unicom acquires Netcom, sells CDMA assets as telco reorg takes off", https://mp.weixin.qq.com/s/HUwDpWlnXxm0usRYMvYvKA, "China Netcom / China Unicom Press Release about Merger", "China telecom companies agree to $56 billion merger", "China Cloud Computing Industry Alliance Established", "List of Significant Subsidiaries and Consolidated Entities of Alibaba Group Holding Limited", "BRIEF-China Unicom Hong Kong enters share subscription agreement with controlling shareholder Unicom Bvi", "China Unicom launches UK MVNO on O2's network", "Completion of Discloseable Transaction - Increase in Shareholding Interest in the Company by Telefonica and Investment by the Company in Telefonica", "Telefonica and China Unicom strengthen ties", "Telecommunications - China Unicom and Telefonica Strengthen Strategic Alliance", "Spain's Telefonica sells Unicom stake for $1.4B", "Telefonica raises $364 million from China Unicom share sale: sources", "Senators urge U.S. retirement fund to reverse China investment decision", "DOD Releases List of Additional Companies, in Accordance with Section 1237 of FY19 NDAA", "Qualifying Entities Prepared in Response to Section 1237 of the National Defense Authorization Act for Fiscal Year 1999 (PUBLIC LAW 105–261)", "FCC asks Justice Department to weigh in on China Unicom U.S. operations", "Trump bans Americans from investing in 31 companies with links to Chinese military", "Trump bans U.S. investments in firms linked to Chinese military", "New York to Delist Chinese Telecom Firms in Symbolic Shift", "China suspected of spying on Americans via Caribbean phone networks", China Unicom (Hong Kong) CUniq Online Shop, China Internet Network Information Center, Ministry of Industry and Information Technology, major mobile virtual network operators (MVNOs), https://en.wikipedia.org/w/index.php?title=China_Unicom&oldid=997682678, Companies listed on the Hong Kong Stock Exchange, Companies listed on the Shanghai Stock Exchange, Companies listed on the New York Stock Exchange, Telecommunications companies established in 1994, Pages with non-numeric formatnum arguments, Articles containing simplified Chinese-language text, Articles containing Chinese-language text, Articles with dead external links from August 2017, Articles which use infobox templates with no data rows, Articles with unsourced statements from August 2017, Articles containing potentially dated statements from April 2008, All articles containing potentially dated statements, Articles with unsourced statements from December 2020, Articles containing potentially dated statements from 2001, Articles containing potentially dated statements from 2002, Wikipedia articles needing factual verification from August 2017, Articles containing potentially dated statements from December 2016, Creative Commons Attribution-ShareAlike License, This page was last edited on 1 January 2021, at 18:50. 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