CDMA HELPS CHINA UNICOM SUSTAIN GROWTH

Info-Prod Research (Middle East), August, 2004

Shanghai-listed A share China United Telecommunications (China Unicom)posted a first-half profit of 1.56 billion yuan (US$188 million),registering growth of 20.25 percent over the same period a year ago. Turnover for its core businesses reached 35.36 billion yuan (US$4.26 billion), up 22.2 percent from a year earlier, the company said in a statement.

Profits rose after sales of its CDMA (code division multiple access)products jumped 60.7 percent to 11.23 billion yuan (US$1.35 billion),and sales of GSM products climbed 15.9 percent to 22.09 billion yuan(US$2.66 billion) over the same period a year ago, it said. - (World ITReport.com)