China Unicom lures 682,000 GSM subscribers in May
www.WirelessFederation.com/news: China Unicom (Hong Kong) Limited (NYSE: CHU, HKSE: 0762 and SHSE: 600050) had a net increase of 682,000 GSM users in May 2009, dropping 40.2% from 1.141 million in April 2009 and 37.5% from 1.091 million in May 2008.
China Mobile Ltd. (SEHK: 0941 and NYSE: CHL) lured 5.118 million new mobile phone subscribers this May, down 12.1% from the previous month; and China Telecom Corporation Ltd. (NYSE: CHA and SEHK: 0728) saw a net increase of 2.2 million.
China Mobile held a 64% share of the newly-added user base, down 1.9 percentage points; China Telecom snatched a 27.5% share, up 6.3 percentage points; and China Unicom took an 8.5% share, down 4.4 percentage points.
China had a net increase of 36.449 million phone users in January-May 2009, driving the total number to 1.018484 billion. In detail, fixed-line phone subscribers reduced 9.27 million to 332 million but mobile phone users rose 45.719 million to 687 million.
For more information, please visit www.chinaunicom.com.hk/
