China Unicom grows nine-month profit 4.1%

Date:2011-10-28hanyue  Text Size:

China Unicom posted a nine-month profit of CNY 4.25 billion, up 4.1 percent year-on-year, and EBITDA totalled CNY 48.57 billion, up 4.1 percent as well. Revenues for the first nine months rose 23.5 percent to CNY 155.92 billion with service revenues growing 13.2 percent to CNY 137.80 billion. Mobile revenues totalled CNY 93.96 billion, up 44.8 percent year-on-year.

ARPU rose 9 percent to CNY 47.4. Mobile subscribers grew by 21.61 million over the nine-month period to 189.03 million. Fixed-line revenues went up 2.2 percent to CNY 61.29 billion with broadband revenues growing 18.1 percent to CNY 26.09 billion. China Unicom ended the period with 94.58 million local access line subscribers, down by 2.06 million in the period. However, the number of broadband subscribers rose 7.31 million to 54.54 million.

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