Financial Times FT.com

Unicom lays foundations for 3G services

By Justine Lau in Hong Kong

Published: August 13 2008 18:16 | Last updated: August 13 2008 18:16

China Unicom plans to spend up to Rmb100bn ($14.5bn) in the next two years to improve its network as the country’s second-largest wireless operator prepares to introduce third-generation services.

Analysts, who called the expenditure plan “very aggressive”, said it signalled an intense price war between Unicom, China Mobile and China Telecom as China’s three telecoms companies gear up to expand their operations.

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