CHINA UNICOM ANNOUNCED 2004 ANNUAL RESULTS ON MARCH 24

AsiaInfo Services, April, 2005

AsiaInfo Services 04-01-2005 China Unicom Announced 2004 Annual Results on March 24 BEIJING, Apr 01, 2005 (SinoCast via COMTEX) -- China Unicom (HKSE: 0762; NYSE: CHU), China's largest CDMA carrier, announced its 2004 annual results on March 24 this year. For the year 2004, its operating revenue reached CNY 79.33 billion, rising 17.3% from 2003.

Revenue from GSM business was CNY 47.47 billion, rising 15.3%. Revenue from the CDMA businesswas CNY 26.34 billion, rising 41.8%. Revenue from the long distance communications, data communications and Internet business was CNY 5.53 billion. Its net profits slightly increased by 4% to CNY 4.39 billion, alittle lower than expectation of CNY 5 billion, although it acquired businesses in nine provinces and cities, because...

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