Beijing, China
Beijing, China

China United Network Communications Group Co., Ltd. or China Unicom , is a Chinese state-owned telecommunications operator in the People's Republic of China. Compared to other mobile providers China Unicom is ranked as the world's third-biggest mobile provider. On January 7, 2009, China Unicom was awarded WCDMA license to expand its business to 3G telecommunication. Wikipedia.


Time filter

Source Type

News Article | May 10, 2017
Site: en.prnasia.com

HONG KONG, May 10, 2017 /PRNewswire/ -- China Unicom (Hong Kong) Limited ("China Unicom" or "the Company") (HKEx: 0762; NYSE: CHU) was voted by professional investors as "Asia's Best Management Team" in "Asia's Best Managed Companies Poll 2017" by the authoritative financial magazine, FinanceAsia. Meanwhile, Mr. Wang Xiaochu, Chairman and CEO of the Company was named again as "Best CEO in China - 1st" and Mr. Li Fushen, Executive Director and CFO of the Company was named as "Best CFO in China - 1st". Additionally, China Unicom also swept a number of other top awards in the poll. The full list is as follows: As one of the most authoritative professional magazine in Asia's financial sector, FinanaceAsia has been organizing "Asia's Best Managed Companies Poll" for the seventeenth consecutive year. This year, FinanceAsia received votes from over 180 professional portfolio managers and investment analysts from around the world to solicit their views on Asia's best managed companies based on the criteria including overall management, corporate governance, investor relations and corporate social responsibility. The excellent recognitions mark the endorsement by professional investors and investment analysts who appreciate the Company's continuous enhancement and leading standard in management performance and corporate governance in Asia. Under the strategic guidance of "implementing Focus Strategies, fostering innovation and cooperation", the Company will continue to enhance its corporate governance structure and elevate execution capability. China Unicom would like to sincerely thank its investors and the investment community for their kind support and the great vote of confidence.


NEW YORK, May 10, 2017 /PRNewswire/ -- Summary A mobile virtual network operator (MVNO) is a mobile communications services provider that does not own radio spectrum, and has limited network infrastructure and other operational capabilities required to provide mobile services to its customers. In order to offer services, MVNOs form agreements with mobile network operators (MNOs) from which they buy minutes, SMS and data at wholesale rates. Read the full report: http://www.reportlinker.com/p04883808/MVNOs-in-Emerging-Asia-MVNO-friendly-regulatory-framework-and-unique-product-offerings-to-drive-MVNO-market.html Emerging Asia featured the lowest share of MVNO subscriptions of total mobile subscriptions of all regions at 0.7% at the end of 2016, compared to AME (0.9%), LATAM (1%) and CEE (1.6%). GlobalData expects the MVNO share of mobile subscriptions to rise considerably from 0.7% in 2016 to 5.5% by end-2021, mainly driven by growth in China, Myanmar, Malaysia and the Philippines. We expect MVNO subscribers in China to grow at a CAGR of 65.1% over 2016-2021. Other emerging markets such as Malaysia and Myanmar also are growth markets for the MVNOs. Increasing smartphone penetration, rising data traffic, telecom infrastructure development, expansion in rural and remote areas, rollout of 3G/4G services and growing adoption of M2M and IoT solutions will drive growth in the mobile market in emerging Asia while a healthy investment climate coupled with a conducive regulatory environment will induce growth of MVNOs in the region. The MVNO model in emerging Asian countries has been attracting interest from players such as cable companies, ISPs and e-retailers among others who are keen to use their established brand name and existing sales and distribution channels to generate an alternative revenue stream. It is estimated that active MVNO subscriptions reached 194.9m globally at the end of 2016, the majority of which are in Western Europe (WE), Central & Eastern Europe (CEE) and North America (NA), comprising of 63.6% of total MVNO market globally. The report "MVNOs in Emerging Asia: MVNO friendly regulatory framework and unique product offerings to drive MVNO market" provides an overview of the main MVNO business models available in emerging Asia as well as some of the most successful initiatives for each business model. Additionally, this report also includes an assessment of the regulatory and support framework for MVNO growth in the region along with analysis of the main regulatory trends. Finally, we conclude with some case studies and recommendations for regulators, network operators and MVNOs. Companies mentioned in this report: ABS-CBN Mobile, Xiaomi, redONE, Buzzme, 168 Communication, Snail, Lenovo, Tune Talk, Alibaba, CAT Telecom, Smart Pinoy, Gome, China Telecom, China Mobile, China Unicom. Scope - Among different business models adopted by the MVNOs in the region, niche business model is the widely adopted by 28% of the total MVNOs present in this region catering various segments including youth, immigrants, students and health enthusiasts. This is followed by retail and enterprise models. Retail and business models are also gaining popularity, accounting for 16% and 14%, respectively. - GlobalData estimates MVNO market in emerging Asia will record a CAGR of 56% over 2016-21. MVNO subscriptions estimated to reach 233.5m (5.5% of emerging APAC's total mobile subscription count) by 2021-end from 25.3m in 2016 (0.7% of total mobile subscriptions) which are far below the levels in developed markets like North America, Western Europe and developed Asia. - China's MVNO market is expected to witness the strongest growth among emerging Asia countries with a CAGR of 65.1% from 2016 to 2021. Reasons to buy - The report provides analysis of MVNO businesses in the Emerging APAC along with detail examination of the various business models adopted in countries such as China, Myanmar, Malaysia, Thailand, the Philippines among others by the MVNOs for increasing their subscriber base. - Provides in-depth understanding about the product and service offering portfolio being offered by MVNOs in Emerging Asia to help new entrants to align their product offerings. - Helps executives build business growth strategies by offering comprehensive, relevant analysis of the Emerging Asia region's growing MVNO market, regulatory framework, competitive environment and best practices of the existing MVNOs. - The case studies focus on different product and service offerings and strategies being adopted by them to drive subscriber growth of the leading MVNOs operating in the region. Read the full report: http://www.reportlinker.com/p04883808/MVNOs-in-Emerging-Asia-MVNO-friendly-regulatory-framework-and-unique-product-offerings-to-drive-MVNO-market.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mvnos-in-emerging-asia-mvno-friendly-regulatory-framework-and-unique-product-offerings-to-drive-mvno-market-300455594.html


TM Forum's Digital Maturity Model is the only industry-agreed model, having been endorsed by leading communications service providers including BT, China Mobile, China Telecom, China Unicom, Orange, PCCW Global and Vodafone NICE, FRANCE--(Marketwired - May 16, 2017) - TM FORUM LIVE! -TM Forum, the industry association driving digital transformation through collaboration, today announced the launch of its Digital Maturity Model (DMM) - a new tool that allows communications service providers (CSPs) to assess their digital maturity and plan their digital transformation across their entire organization. The model has already been endorsed by leading CSPs including BT, China Mobile, China Telecom, China Unicom, Orange, PCCW Global and Vodafone as well as management consultancies and suppliers including Amdocs, BearingPoint, Deloitte, Detecon, Huawei, Tata Consultancy Services and The GC Index. As core services become commoditized, CSPs are desperately searching for new digital services and revenues in order to grow. To realize the opportunity, CSPs must completely transform traditional business and operating models, cultures and infrastructures. Without a coherent view of their destination, starting point and pathway, building and executing a successful digital transformation strategy is challenging, time consuming and prone to failure. In fact, in a recent survey conducted by TM Forum, 54 percent of CSPs revealed that their previous attempts at transformation had been unsuccessful, highlighting the urgent need for a robust methodology to help leaders guide and manage change on an enterprise-wide basis. In collaboration with the world's leading CSPs, management consultancies and suppliers, TM Forum identified the need for an industry-agreed Digital Maturity Model, metrics and methodology to meet this challenge. By bringing together and crowdsourcing expertise and models from across the global communications industry, TM Forum has created a 'living' maturity model and set of metrics that will evolve with the industry and help companies measure their true digital maturity. "In order to survive and thrive in the digital market, service providers are embarking on complex and demanding digital transformation journeys," said Nik Willetts, CEO, TM Forum. "To be successful, these transformation programs require much more than embracing new technologies or ways to interact with our customers -- they demand strong leadership and holistic transformation of the entire business, fundamentally redefining how the business operates. The launch of the Digital Maturity Model is an example of our transformation mantra and showcases how TM Forum is taking our members on the journey, providing the tools, guidance and expertise to drive successful digital transformation. TM Forum would like to recognize all of the members that have contributed, especially Deloitte for leading the collaboration and project management and Huawei for initiating the concept and resourcing the project." TM Forum's DMM considers maturity across five key dimensions, each containing an extensive set of sub-dimensions, questions and metrics to assess digital maturity across the business. Accessed through an easy-to-use App, TM Forum members can assess their digital maturity across every department and rapidly identify areas for action unique to their businesses. The dimensions and definitions for the model are: By asking stakeholders across an entire organization to assess the company's maturity in each of these areas, CSPs can identify where improvement is needed and where investment priorities lie. The model has the flexibility to account for differences in CSPs' visions, strategies and business imperatives, and can be applied to help develop a roadmap to guide their digital transformation journey. "Successful digital transformation requires the direct involvement and support of the CEO for a process that's going to impact the whole organization," said David Pleasance, Chairman, TM Forum. "Through the exceptional collaborative work of many TM Forum members, the Digital Maturity Model allows service providers to assess all dimensions and departments of their organization through a structured approach that is unique to them. Without industry-agreed best practices and guidelines, real transformation becomes all the more challenging." Additional details about TM Forum's Digital Maturity model can be found at www.tmforum.org/dmm. A list of 15 industry endorsements for the model - from CSPs, management consultancies and suppliers - can also be viewed on the TM Forum website. About TM Forum TM Forum is an association of over 850 member companies generating US$2 trillion in revenue and serving five billion customers across 180 countries. We drive collaboration and collective problem-solving to maximize the business success of communication and digital service providers and their ecosystem of suppliers around the world. Today, our focus is on supporting members as they navigate their unique digital transformation journeys, providing practical and proven assets and tools to accelerate execution and platforms to facilitate collaborative problem solving and innovation. Learn more at www.tmforum.org.


News Article | May 19, 2017
Site: www.marketwired.com

BEIJING, CHINA--(Marketwired - May 19, 2017) -  Huawei attended the first passive optical network (PON) industry development workshop recently held in Beijing. A consensus has been reached to propose a PON industry development forum to the Broadband Forum (BBF) for the purpose of facilitating the coordination and collaboration among PON standards development organizations including ITU-T/FSAN, IEEE, and BBF so as to enhance industry convergence. Due to the cost sensitivity of the PON industry that is primarily oriented to home broadband access, it was suggested at the workshop that the deployment of next generation PON system (10G+) has to take into considerations of the external ecosystem factors of transport networks, Ethernet, and data center networks and to reuse the cost-effective optical/electrical components and technologies that have been applied commercially in large scale. It was also suggested that to better the PON ecosystem, the community shall take proper measures including PON industry development coordination, standard requirement and roadmap management, and standardization coordination and cooperation. Finally, all participants agree to hold workshops whenever necessary to jointly discuss major technical issues emerging in PON industry development. PON is the mainstream access technology used by operators in building fiber to the home (FTTH) ultra-broadband networks. Historically, there are two standard series: IEEE's EPON/10G EPON and ITU-T's GPON/XG(S)-PON. It induces to two types of system and related equipment in operators' networks, causing high network construction and maintenance costs. In order to promote a converged PON ecosystem, a group of Standards Development Organization (SDO) jointly issued a statement on PON convergence ("SDOs Team Up on PON Convergence", http://www.lightreading.com/gigabit/fttx/sdos-team-up-on-pon-convergence/d/d-id/731234?itc=lrnewsletter_lrdaily). To expand PON market scales, share industry chain resources, reduce deployment costs, and shorten the time to market (TTM), all present operator and vendor representatives at the workshop call for the convergence of standards and industry of next generation PON (10G+) to build a healthy and sustainable PON ecosystem. Participating at the workshop, there are representatives from standard organizations, such as the Broadband Forum (BBF) and Institute of Communication Standards Research (ICSR), network operators including China Telecom, China Mobile, and China Unicom, and system equipment and optical module vendors including Huawei, Nokia Shanghai Bell, Accelink, FiberHome, Hisense, Source Photonics, and ZTE. Huawei is a leading global information and communications technology (ICT) solutions provider. Its aim is to enrich life and improve efficiency through a better connected world, acting as a responsible corporate citizen, innovative enabler for the information society, and collaborative contributor to the industry. Driven by customer-centric innovation and open partnerships, Huawei has established an end-to-end ICT solution portfolio that gives customers competitive advantages in telecom and enterprise networks, devices and cloud computing. Huawei's 170,000 employees worldwide are committed to creating maximum value for telecom operators, enterprises and consumers. Its innovative ICT solutions, products and services are used in more than 170 countries and regions, serving over one-third of the world's population. Founded in 1987, Huawei is a private company fully owned by its employees. For more information, please visit Huawei online at www.huawei.com.


— ReportsnReports.com has added a report “The 5G Wireless Ecosystem: 2017 – 2030 – Technologies, Applications, Verticals, Strategies & Forecasts” which says, despite the lack of sufficient LTE coverage in parts of the world, mobile operators and vendors have already embarked on R&D initiatives to develop 5G, the next evolution in mobile networks. 5G is expected to provide a single network environment to deliver not only existing mobile broadband and IoT services, but also new innovations such as self-driving cars, cloud robotics, 3D holographic telepresence and remote surgery with haptic feedback. At present, the 3GPP and other SDOs (Standards Development Organizations) are engaged in defining the first phase of 5G specifications. However, pre-standards 5G network rollouts are already underway, most notably in the United States and South Korea, as mobile operators rush to be the first to offer 5G services. Research estimates that by the end of 2017, pre-standards 5G network investments are expected to account for over $250 Million. Although 2020 has conventionally been regarded as the headline date for 5G commercialization, the very first standardized deployments of the technology are expected to be commercialized as early as 2019 with the 3GPP's initial 5G specifications set to be implementation-ready by March 2018. Between 2019 and 2025, we expect the 5G network infrastructure market to aggressively grow a CAGR of nearly 70%, eventually accounting for $28 Billion in annual spending by the end of 2025. These infrastructure investments will be complemented by annual shipments of up to 520 Million 5G-capable devices. List of Companies Mentioned in Report 5G Wireless Ecosystem Market : 3GPP (Third Generation Partnership Project), 5G Americas, 5G Forum, South Korea, 5G PPP (5G Infrastructure Public Private Partnership), 5G TSA (5G Open Trial Specification Alliance), 5GAA (5G Automotive Association), 5GMF (Fifth Generation Mobile Communications Promotion Forum, Japan), 5GRUS, 5GTF (5G Technical Forum), 5GTR (Turkish 5G Forum), Alcatel-Lucent, Alpental Technologies, Alphabet, América Móvil, Anatel (Agencia Nacional de Telecomunicacoes), Arcep, Argela, ARIB (Association of Radio Industries and Businesses), Arqiva, Ascenta, AT&T, AT&T Mexico, Athena Wireless Communications, ATIS (Alliance for Telecommunications Industry Solutions), Avanti Communications, AVC Networks Company, Batelco, Bell Canada, BMW Group, Broadband Forum, BT Group, C Spire, CableLabs, CAICT (China Academy of Information and Communications Technology), CCSA (China Communications Standards Association), CEA (French Alternative Energies and Atomic Energy Commission), CEA Tech, CEA-Leti, CEPT (European Conference of Postal and Telecommunications Administrations), China Mobile, China Telecom, China Unicom, Chunghwa Telecom, Cisco Systems, CITEL (Inter-American Telecommunication Commission), Claro Brasil, CMHK (China Mobile Hong Kong), CMRI (China Mobile Research Institute), CNIT (Italian National Consortium for Telecommunications) The report covers the following topics: • 5G NR (New Radio) and NextGen (Next Generation) system architecture • Market drivers and barriers to the adoption of 5G networks • 5G requirements, usage scenarios, vertical markets and applications • Key enabling technologies including air interface design, higher frequency radio access, advanced antenna systems, flexible duplex schemes, D2D (Device-to-Device) connectivity, dynamic spectrum access, self-backhauling and network slicing • Complementary concepts including NFV, SDN, hyperscale data centers, Cloud RAN, satellite communications and aerial networking platforms • Case studies and review of mobile operator 5G commitments • 5G standardization, development and research initiatives • Analysis of spectrum availability and allocation strategies for 5G networks • Competitive assessment of vendor strategies • Review of investments on R&D and pre-standards 5G networks • Standardized 5G infrastructure, user equipment and operator service forecasts till 2030 Market forecasts are provided for each of the following submarkets and their subcategories: • 5G R&D Investments • Pre-Standards 5G Network Investments • Standardized 5G Infrastructure Investments • Standardized 5G User Equipment Investments • 5G Operator Services About Us ReportsnReports.com is single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. For more information, please visit http://www.reportsnreports.com/reports/917281-the-5g-wireless-ecosystem-2017-2030-technologies-applications-verticals-strategies-forecasts.html?utm_source=marketersmedia&utm_medium=giti


NEW YORK, NY / ACCESSWIRE / April 21, 2017 / The Pawar Law Group announces it is investigating potential securities claims on behalf of shareholders of China Unicom (Hong Kong) Limited (NYSE: CHU) resulting from allegations that the Company may have issued materially misleading business information to the investing public. On April 18, 2017, media outlets reported that China Unicom's former Chairman and Chief Executive Officer Chang Xiaobing admitted at trial in China that he accepted bribes worth more than 3.76 million yuan during his 14-year tenure at China Unicom. On this news, shares of China Unicom fell $0.48 per share or over 3% on April 18, 2017. Our investigation concerns whether the Company issued false and misleading statements to investors causing investor losses. If you own Company shares and wish to learn how to protect your investment and recover your losses in Company stock, please visit http://pawarlawgroup.com/cases/china-unicom-hong-kong-limited/ or contact Vik Pawar at 212-571-0805. NEW YORK, NY / ACCESSWIRE / April 21, 2017 / The Pawar Law Group announces it is investigating potential securities claims on behalf of shareholders of China Unicom (Hong Kong) Limited (NYSE: CHU) resulting from allegations that the Company may have issued materially misleading business information to the investing public. On April 18, 2017, media outlets reported that China Unicom's former Chairman and Chief Executive Officer Chang Xiaobing admitted at trial in China that he accepted bribes worth more than 3.76 million yuan during his 14-year tenure at China Unicom. On this news, shares of China Unicom fell $0.48 per share or over 3% on April 18, 2017. Our investigation concerns whether the Company issued false and misleading statements to investors causing investor losses. If you own Company shares and wish to learn how to protect your investment and recover your losses in Company stock, please visit http://pawarlawgroup.com/cases/china-unicom-hong-kong-limited/ or contact Vik Pawar at 212-571-0805.


LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against China Unicom (Hong Kong) Limited (“China Unicom” or the “Company”) (NYSE: CHU) concerning possible violations of federal securities laws. To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@lundinlawpc.com. On April 18, 2017, news reports emerged that China Unicom’s former chairman, Chang Xiaobing, admitted at trial in China that he accepted bribes worth more than 3.76 million yuan during his 14-year tenure at the Company. Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against China Unicom (Hong Kong) Limited (“China Unicom” or the “Company”) (NYSE: CHU) concerning possible violations of federal securities laws. To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@lundinlawpc.com. On April 18, 2017, news reports emerged that China Unicom’s former chairman, Chang Xiaobing, admitted at trial in China that he accepted bribes worth more than 3.76 million yuan during his 14-year tenure at the Company. Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


On April 18, 2017, media outlets reported that Chang Xiaobing, China Unicom's former chairman, admitted at trial in China that he had accepted bribes worth more than 3.76 million yuan during his 14-year tenure at the Company. On this news, China Unicom's American Depositary Receipt price has fallen as much as $0.61, or 4.45%, during intraday trading on April 18, 2017. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-china-unicom-hong-kong-limited---chu-300441236.html


LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of China Unicom (Hong Kong) Limited (“China Unicom” or the “Company”) (NYSE: CHU) investors concerning the Company and its officers’ possible violations of federal securities laws. On April 18, 2017, news agencies reported that the former chairman of China Unicom, Chang Xiaobing, pled guilty to bribery-related charges. According to reports, prosecutors stated that Mr. Chang took advantage of his position to seek benefits in connection with project contracts and equipment purchases. On this news, shares of China Unicom fell 3.5% on April 18, 2017, thereby injuring investors. If you purchased China Unicom securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Loading China Unicom collaborators
Loading China Unicom collaborators