CHINA UNICOM LAUNCHES CNY400 CDMA MOBILE PHONE

AsiaInfo Services, April, 2007

AsiaInfo Services 04-20-2007 China Unicom Launches CNY400 CDMA Mobile Phone BEIJING, Apr 20, 2007 (SinoCast via COMTEX) -- China Unicom, the nation's second largest mobile telecom operator, plans to launch sub-CNY 400 CDMA mobile phones across the country in a bid to seize more market share in the country's low-end mobile phone market. Presently, such low-price mobile phones are sold in provinces such as Shaanxi, Fujian, Zhejiang, Shandong and Hebei. China Unicom hopes that the low-price handsets will well satisfy the need of the country's rural residents. Currently, China Unicom's CDMA users have touched 36.13 million. Moreover, net profit of China Unicom's CDMA businesses rose about 30% last year, changing the long-term money-losing operation for the first...

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